Osun State House of Assembly has passed N129.7billion budget proposal for the year 2022.
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 (#129.756.450.790) with the recurrent expenditure of #53,893,627,990 and the capital expenditure which stands at #75,862,822,800.
The 2022 budget christened, “Budget of Sustainable Development” is #19 billion naira higher than that of the 2021 “Budget of Providence”.
It earmarked huge chunk for infrastructure, education and health sectors with the sum of #18.7bn, #11.8bn and #5.8bn 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.
He 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 assured that the House would be alive to its responsibilities while regular interactions would be held with MDAs and the people on budget performance and feedback.
