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Osun assembly adopts N129.7 billion 2022 budget

The assembly said there are talks to increase the budget to accommodate the financial needs of state revenue generating ministries and agencies.

• December 6, 2021
Osun State House of Assembly
Osun State House of Assembly

The Osun House of Assembly on Monday adopted the N129.7 billion states 2022 proposed budget report, following its submission by the Committee on Finance and Appropriation.

The committee chairman, Olodo Taiwo, before submitting the report, read all the recommendations and adjustments made on the budget.

Mr Taiwo stated the need for the state government to fund and equip its revenue generating agencies, so as to boost the financial capability of the state.

He also stated the need for the state government, from the budget, to fund and employ more officials in the health and education sectors so as to improve the health and lives of citizens of the state.

In his remarks, Timothy Owoeye, the speaker of the assembly, said there’s need for the budget to be expanded and increased to accommodate the financial needs of some of the state revenue generating ministries and agencies.

Mr Owoeye said he had a meeting with the state governor, Gboyega Oyetola, where he explained that all the revenue generating agencies needed to be well equipped for them to perform maximally.

He said during the budget defence of the state Ministries, Departments and Agencies, some revenue generating agencies complained of shortage of staff.

He said there is also the need for the state government to purchase a drilling machine for the state water corporation, to enable it provide potable water to the people and therefore generate revenue for the state. 

He said the governor has, however, agreed in principle for the budget expansion and stated that there would possibly be an increase to the budget size before it is finally passed by the Assembly. 

(NAN)

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