2024 Budget: OGSG promises to rehabilitate abandoned roads, others

Share Story

The Ogun state government has said it will repair some of the abandoned bad roads and see to the completion of the ongoing ones.

Your Website Title Advertisement Image Advertisement (apply here)

The Commissioner for Works and Infrastructure, Ade Akinsanya, stated this on Monday at the official breakdown of the 2024 Budget.

Your Website Title Advertisement Image

The N703 billion 2024 budget christened, “Budget of Sustained Growth and Development” had allocated 30% amounting to N209.1bn for infrastructure.

The budget already signed into law by Governor Dapo Abiodun, earmarked N415.6 billion for Capital Expenditure, while N287.3 billion was for Recurrent Expenditure.

See also  FG begins reconstruction of roads in Ogun

Speaking at the event, the Commissioner for Finance and the Chief Economic Adviser to the governor, Mr Dapo Okubadejo, stated that the Abiodun administration had been working in line with the Medium Term Economic Framework (MTEF), developed in 2020.

He noted that the government has continued to create an enabling environment that made the Gateway State the most preferred investment destination in the country and the Most Improved and the Most Viable Economy in 2023.

See also  BVAS at former Ogun gov, Amosun’s polling unit malfunctioned

The commissioner who also stated that Ogun has been recording steady growth in the last four years added that the year’s budget of N703 billion was a tremendous increase when compared to the 2023 figure of N472 billion, which performance was 75 per cent by December 2023.

Okubadejo said the state’s  target was to be economically and financially independent by de-emphasising reliance on monthly allocation from the federation account.

See also  VP Shettima present as funeral service held for Ijebu renowned Banker, Otunba Subomi Balogun

At the briefing, Commissioner for Budget and Planning, Mr Olaolu Olabimtan presented provisions in the budget, while Commissioner for Health, Dr Tomi Coker, Commissioner for Transport, Mr Gbenga Dairo, Commissioner for Works, Mr Ade Akinsanya, Commissioner for Agriculture, Bolu Owotomo and Commissioner for Education, Science and Technology, gave summary of their respective ministries as contained in the budget.

Share Article

Don't Miss