Osun Assembly passes N129.7bn budget for 2022

The Osun State House of Assembly has passed the 2022 budget presented by Governor Adegboyega Oyetola before the Legislature on October 5, 2021.

The passed budget has a total of One hundred and twenty nine Billion, seven hundred and fifty six million, four hundred and fifty thousand, seven hundred and ninety Kobo (N129.756.450.790) with the recurrent expenditure of N53,893,627,990 and the capital expenditure which stands at N75,862,822,800.

The 2022 budget christened “Budget of Sustainable Development” is N19 billion naira higher than that of the 2021 “Budget of Providence”.

It has the larger chunk of it earmarked for infrastructure, education and health sectors with the sum of N18.7bn, N11.8bn and N5.8bn respectively.

The Speaker, RT. Hon. Timothy Owoeye at plenary commended his colleagues and the House Committee on Finance and Appropriation for their painstaking effort in considering the 2021 Appropriation bill.

Owoeye warned that no Agency of Government or Ministry should tamper or alter the official figures in the 2022 budget, stating that such act will be taken up as a criminal offense which may attract serious legal implications.

He said the House would be alive to its responsibilities while regular interactions would be held with MDAs and the people on budget performance and feedback.

Governor Gboyega Oyetola also wrote to the Assembly on Monday seeking to extend the tenure of Local Government Caretaker Management Committees by another six months.

Earlier while reading the letter from Governor Oyetola, Owoeye noted that the Assembly will look into the request of tenure elongation for another six months for Caretaker Chairmen and other management committee members.

The Speaker however directed the House Committee on Local Government and Chieftaincy Affairs of the House to commence work before the final consideration of the request.