• Latest
  • Trending
  • All
  • News
  • Politics

Osun govt presents 119bn budget for 2020

November 15, 2019
Top APC Member Reveals That President Buhari Is Currently No Longer A Member Of The Ruling Party, Says They Have Completely Dissolved The APC

Top APC Member Reveals That President Buhari Is Currently No Longer A Member Of The Ruling Party, Says They Have Completely Dissolved The APC

January 26, 2021
War as Eastern security Network confronts soldiers for killing Civilians in Orlu, exchange gun fire (video)

War as Eastern security Network confronts soldiers for killing Civilians in Orlu, exchange gun fire (video)

January 26, 2021
Well done boys!! Orlu can never be another Obigbo – Nnamdi Kanu Commends the ESN for Confronting Soldiers

Well done boys!! Orlu can never be another Obigbo – Nnamdi Kanu Commends the ESN for Confronting Soldiers

January 26, 2021
Oyo Commissioner of Police, Ngozi Onadeko refuses to arrest Sunday Igboho, sues for peace

Oyo Commissioner of Police, Ngozi Onadeko refuses to arrest Sunday Igboho, sues for peace

January 26, 2021
Facebook removes ‘Sunday Igboho’ Account after reaching 1million people in a day, Why does Facebook not want the world to know the truth?- FFK

Facebook removes ‘Sunday Igboho’ Account after reaching 1million people in a day, Why does Facebook not want the world to know the truth?- FFK

January 26, 2021
Tension As Afenifere Tells Arewa Consultative Forum Who Values Cows More Than Human Lives That They Will Never Leave Their Lands For Fulani Herdsmen

Tension As Afenifere Tells Arewa Consultative Forum Who Values Cows More Than Human Lives That They Will Never Leave Their Lands For Fulani Herdsmen

January 24, 2021
Yorubas will no longer Tolerate Fulani herdsmen Terrorism – Alafin of Oyo Tells Buhari

Yorubas will no longer Tolerate Fulani herdsmen Terrorism – Alafin of Oyo Tells Buhari

January 23, 2021
Trouble In The US, As Senate Republican Leader Accuses The New President, Joe Biden, Of Making The Worst Decisions On His First Day In Office

Trouble In The US, As Senate Republican Leader Accuses The New President, Joe Biden, Of Making The Worst Decisions On His First Day In Office

January 23, 2021
We Resigned From Nigerian Army, To Join IPOB’s Eastern Security Network – Military Sources

We Resigned From Nigerian Army, To Join IPOB’s Eastern Security Network – Military Sources

January 23, 2021
American Republican Lawmaker Files Articles Of Impeachment Against Joe Biden, Accuses The Newly Inaugurated US President Of Abuses Of Power

American Republican Lawmaker Files Articles Of Impeachment Against Joe Biden, Accuses The Newly Inaugurated US President Of Abuses Of Power

January 23, 2021
President Biden Lifts Travel Ban on Nigeria, other Muslims and African countries

President Biden Lifts Travel Ban on Nigeria, other Muslims and African countries

January 21, 2021
Herdsmen: Akeredolu does not have the balls to withstand the Janjaweed caliphate – Nnamdi Kanu spits fire

Herdsmen: Akeredolu does not have the balls to withstand the Janjaweed caliphate – Nnamdi Kanu spits fire

January 21, 2021
  • About
  • Gossip
  • Advertise
  • News
  • Privacy & Policy
  • Sports
  • Advertisement
  • Contact
Tuesday, January 26, 2021
Dailyexcessive
  • Home
  • Gossip
  • News
  • Entertainment
  • News
    • All
    • Politics
    Top APC Member Reveals That President Buhari Is Currently No Longer A Member Of The Ruling Party, Says They Have Completely Dissolved The APC

    Top APC Member Reveals That President Buhari Is Currently No Longer A Member Of The Ruling Party, Says They Have Completely Dissolved The APC

    War as Eastern security Network confronts soldiers for killing Civilians in Orlu, exchange gun fire (video)

    War as Eastern security Network confronts soldiers for killing Civilians in Orlu, exchange gun fire (video)

    Well done boys!! Orlu can never be another Obigbo – Nnamdi Kanu Commends the ESN for Confronting Soldiers

    Well done boys!! Orlu can never be another Obigbo – Nnamdi Kanu Commends the ESN for Confronting Soldiers

    Facebook removes ‘Sunday Igboho’ Account after reaching 1million people in a day, Why does Facebook not want the world to know the truth?- FFK

    Facebook removes ‘Sunday Igboho’ Account after reaching 1million people in a day, Why does Facebook not want the world to know the truth?- FFK

    Tension As Afenifere Tells Arewa Consultative Forum Who Values Cows More Than Human Lives That They Will Never Leave Their Lands For Fulani Herdsmen

    Tension As Afenifere Tells Arewa Consultative Forum Who Values Cows More Than Human Lives That They Will Never Leave Their Lands For Fulani Herdsmen

    Yorubas will no longer Tolerate Fulani herdsmen Terrorism – Alafin of Oyo Tells Buhari

    Yorubas will no longer Tolerate Fulani herdsmen Terrorism – Alafin of Oyo Tells Buhari

    Trouble In The US, As Senate Republican Leader Accuses The New President, Joe Biden, Of Making The Worst Decisions On His First Day In Office

    Trouble In The US, As Senate Republican Leader Accuses The New President, Joe Biden, Of Making The Worst Decisions On His First Day In Office

    We Resigned From Nigerian Army, To Join IPOB’s Eastern Security Network – Military Sources

    We Resigned From Nigerian Army, To Join IPOB’s Eastern Security Network – Military Sources

    American Republican Lawmaker Files Articles Of Impeachment Against Joe Biden, Accuses The Newly Inaugurated US President Of Abuses Of Power

    American Republican Lawmaker Files Articles Of Impeachment Against Joe Biden, Accuses The Newly Inaugurated US President Of Abuses Of Power

    President Biden Lifts Travel Ban on Nigeria, other Muslims and African countries

    President Biden Lifts Travel Ban on Nigeria, other Muslims and African countries

    Trending Tags

    • Donald Trump
    • Future of News
    • Climate Change
    • Market Stories
    • Election Results
    • Flat Earth
  • Sports
No Result
View All Result
Dailyexcessive
No Result
View All Result
Home News

Osun govt presents 119bn budget for 2020

by peter
November 15, 2019
in News
0
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

The governor of Osun State, Mr Adegboyega Oyetola on Thursday presented the total of 119,550,401,040.00 (One hundred and nineteen billion, five hundred and fifty million, four hundred and one thousand Naira and forty kobo) as appropriation for 2020 fiscal year.

The budget tagged “Budget of restoration ” proposes the total of 57,674, 993, 990 as recurrent expenditure while 61, 875, 407, 050.00 is being budgeted as capital expenditure, totalling 119, 550, 401, 040.00 for total expenditure, which puts the projected revenue and expenditure in the same proportion.

While the Finance and Revenue Mobilization Sector is to gulp highest allocations of 23, 976, 673, 840.00, representing 38.75 per cent of the aggregate budget, Social Development and Welfare Sector gets the lowest with the total sum of 129, 930, 370.00, representing 0.21 per cent of the total budget.

Oyetola explained that the 2020 budget, which is the 29th annual budget since the creation of the state on August 27, 1991, was a product of wide consultations among critical stakeholders in the state.

He added that the presentation of the budget estimate was in line with the dictates of section 121, sub-section 1 of the 1999 constitution, as he noted that the appropriation intrinsically reflects the development plan for Osun from 2019 to 2028.

The governor further reiterated the resolve of his administration to pursue Osun development agenda, calling for concerted efforts towards increasing the state’s internally generated revenue(IGR).

Speaking on the main features of the budget, Oyetola said “I want to place on record that inputs were sought from all stakeholders in the process of the formulation of the 2020 budget being presented today.

“For example, there was a budget consultative forum in all the three senatorial districts of the state between 30th October, and 1st November 2019.

The purpose of the forum was to harness and accommodate inputs of our people at the grassroots in the 2020 budget.

“It is, therefore, glaring that the draft budget is a product of wide consultations as well as serious and deep consideration.

” Mr Speaker, distinguished honourable members of the House of Assembly, at this juncture, I want to say without mincing words that by the grace of God, the 2020 budget will be objectively and judiciously implemented “.

The speaker, Rt. Hon. Timothy Owoeye in his remarks said members of the house have been looking forward to the budget presentation as a significant exercise in which the government’s plans on the socio-economic well-being of the people would be unfolded.

He stressed that the common goal of the parliament was to place the state’s economy on the path to “sustainable growth, poverty elimination and economic opportunities”.

Owoeye however, notified MDAS in the state to work with the house in order to achieve the maximum level of the budget implementation, adding that “the implementation of the budget is more important to us in the 7th Assembly “.

Share196Tweet123Share49
peter

peter

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest

Meet The RCCG Pastor Who Has 6 PhD, 4 Masters And 4 First Degrees

May 19, 2020

Let me make it clear, God Created Northerners with Cow brain, we all reason like cows including me — Sultan Abubakar

February 13, 2020

Cell Phones Retrieved From Killed Terrorists Reveals They Are In Contact With With Nigerian Army And Police

April 26, 2020

KogiDecides: Vote buying ongoing in certain areas – Report

6

Why El-Rufai’s committee report on true federalism will split Nigeria – Lawmaker

6

Igbos should not be allowed to rule because they will declare Biafra and Nigeria will crumble – Tunde Ednut

3
Top APC Member Reveals That President Buhari Is Currently No Longer A Member Of The Ruling Party, Says They Have Completely Dissolved The APC

Top APC Member Reveals That President Buhari Is Currently No Longer A Member Of The Ruling Party, Says They Have Completely Dissolved The APC

January 26, 2021
War as Eastern security Network confronts soldiers for killing Civilians in Orlu, exchange gun fire (video)

War as Eastern security Network confronts soldiers for killing Civilians in Orlu, exchange gun fire (video)

January 26, 2021
Well done boys!! Orlu can never be another Obigbo – Nnamdi Kanu Commends the ESN for Confronting Soldiers

Well done boys!! Orlu can never be another Obigbo – Nnamdi Kanu Commends the ESN for Confronting Soldiers

January 26, 2021
Dailyexcessive

Copyright © Dailyexcessive.com Created and Hosted by @trustdee

Navigate Site

  • About
  • Gossip
  • Advertise
  • News
  • Privacy & Policy
  • Sports
  • Advertisement
  • Contact

Follow Us

No Result
View All Result
  • Home
  • Gossip
  • News
    • Politics
  • News
  • Entertainment
  • Educative
  • Entertainment
    • Gaming
    • Sports
  • Sports
  • Advertisement

Copyright © Dailyexcessive.com Created and Hosted by @trustdee

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In