Business

Oyebanji signs Ekiti N21bn supplementary budget into law

Ekiti State Governor, Biodun Oyebanji, on Friday, accented to the N21 billion supplementary budget passed by the state House of Assembly.

With the development, the budget for the 2022 fiscal year stands at N122.6 billion , consisting of N83.9 billion for recurrent expenditure and N38.7 billion for capital expenditure.

Signing the supplementary budget, which is a rejig of the 2022 appropriation to take care of current economic realities and components of the six pillars development agenda of his administration, Oyebanji said the new Appropriation would enable his administration to take care of many pressing issues crucial to the development of the state.

He commended members of the Ekiti State House of Assembly for prioritising the interest of the state above any other considerations by working speedily on the passage of the budget.

Governor Oyebanji, who appealed to the lawmakers to give the passage of the 2023 appropriation bill speedy consideration before the end of the year, commended them for their support for the administration.

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He also hailed the members of the House for the amicable resolution of the recent impasse without external influence just as he called on those who are not members of the All Progressives Congress to leave the APC alone and allow the party resolve its issues.

“One of the reasons for this ceremony is to show to the whole world that you have resolved your internal wrangling amicably and to also put pressure on you in respect of the 2023 appropriation bill before you.

“It is my hope that before the end of the year, we will come here again to sign that bill into law because as at today, five weeks plus have gone out of our four-year tenure without an appropriation duly passed and signed.

“I must thank you that since I became Governor, you have been of immense support, I am grateful and I promise that we will work together in the interest of our people,” the governor said.

On his part, the Speaker of the Assembly, Hon. Bunmi Adelugba, said the presentation of the supplementary budget was to demonstrate the resolve of Governor Oyebanji to place high premium on accountability, probity, and transparency in government spending.

The Speaker assured the governor of robust and cordial working relationship with the administration to enhance its success.

The Star

Segun Ojo

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