AMOSUN PRESENTS N402.63BILLION APPROPRIATION BILL FOR 2019
The Governor while disclosing the sources of financing the budget proposal added that N161.24Bn representing 40% would be sourced through internally generated revenue, as N42Bn was being expected from the Federation Account.
He also added that the sum of N101.38Bn was being expected from capital receipts, with other receipts providing N80Bn representing 19.80% of the total funding, while on the sectorial breakdown of the estimate, Amosun said that the affordable qualitative education programmes would get the lion share of N88.57Bn, representing 22%.
The sum of N22.54Bn is allocated to the Health sector, while N20.13Bn was being earmarked for various agricultural production/industrialisation programme,and the sum of N53.14Bn was meant to cater for affordable housing and urban renewal, with rural and infrastructural development/ employment generation given N82.53bn, just as other sectors would share N135.68Bn.
The Speaker, House of Assembly,Surak Adekunbi earlier in his opening remarks, stated that 8th Legislature under his leadership had within the year, passed a total of 21 bills, while 18 others were under various legislative processes, with 50 motions passed into Resolutions.
He further added that the Assembly equally carried out its annual oversight function with a view to ensuring the judicious use of fund and get value for money in line with the Appropriation Act.
Adekunbi, explained that the Assembly had been conducting its legislative activities peacefully without rancor despite the heterogeneous nature of political party representations, attributing the development and progress recorded in all sectors of the State economy to the existing symbiotic relationship between the three arms of government.
The Speaker who pledged the Assembly’s continued corporation for the realization of the yearnings and aspirations of the people, called for the speedy implementation of the legislative and judiciary autonomy acts to further strengthen democratic practice in the gateway State, which he noted had set enviable standard in the comity of States in the country.
He reassured that members of the 8th Legislature would continue to partner with other arms of government through the speedy passage of people oriented legislations for the implementation of new projects and completion of other on-going infrastructural facilities across the State to add value to the quality of lives of the people.
The Speaker also reiterated his colleague-lawmakers’ support to the passage of bills and resolutions that would further facilitate the provision of the required policies and legal frameworks required by the government to enhance the provision of more infrastructural facilities and other necessities for improved quality of life for all the residents of the State.
Meanwhile, some notable dignitaries in attendance at the presentation were former Military Administrators in the State, foremost Accountant, Chief Akintola Williams, Senator Iyabo Anisulowo, Member, Federal House of Representatives, Abdul-Kabir Akinlade, Akarigbo and Paramount Ruler of Remo Land, Oba (Dr) Babatunde Adewale Ajayi, Olu and Paramount Ruler of Yewaland, Oba Kehinde Olugbenle, Chief (Mrs) Tokunbo Awolowo-Dosunmu and Rev (Mrs) Tola Oyediran amongst others.
