Ondo increases 2024 budget by N92 billion, targets N73,000 minimum wage

The Ondo State Government has requested to increase the 2024 budget by N92 billion to cushion the effects of economic hardship and implement the new minimum wage for its workers.
The state Governor, Lucky Aiyedatiwa, who wrote to the state House of Assembly, asked for an amendment and increase of the 2024 budget from N395 billion to N487 billion.
The letter accompanying the bill for the amendment of the budget was read by the Clerk of the House of Assembly, Benjamin Jaiyeola.
A motion for the amendment of the budget was subsequently moved by the House Majority Leader, Oluwole Ogunmolasuyi (Owo 1-APC), and was seconded by Olatunji Oshati (Ose-APC).
Mr Ogunmolasuyi said the bill for amendment, if it sailed through, would address the effects of the fuel subsidy removal and afford the government to implement N73,000 minimum wage for its workers.
Mr Oshati, who seconded the motion, also moved the motion to commit the bill to the Appropriation Committee, saying that the bill would address many things in the state.
He added that the bill, if passed into law, would allow the government to implement its programmes and policies in line with current economic realities.
Also speaking, Stephen Abitogun (Akure South 2-APC) urged his colleagues to allow the bill to sail through to cater for the needs of the people of the state.
Similarly, Olatunji Fabiyi (Odigbo-APC) said that without the amendment, there would be no way the civil servants, who are the engine room of government in the state, could enjoy the minimum wage promised by the governor.
The Speaker, Olamide Oladiji, said that without the bill being passed, there would be a slow pace of implementation of the government’s policies and programmes.
He said, “This bill is very important for the state because of the current economic indices and without it, implementation of minimum wage will not be realistic. This is our own little way to support the administration of Hon. Lucky Aiyedatiwa. I therefore order the bill to be passed to the Finance and Appropriation Committee for proper and thorough screening and be submitted to the plenary.’’
The assembly sitting was later adjourned to Wednesday.
(NAN)
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