Sat, 2 Dec 2023


Osun: 2023 appropriation bill of N136bn scales through second reading
By: News Editor
Tue, 25 Oct 2022   ||   Nigeria, Osun State

The Osun State Appropriation Bill 2023 of ₦136 billion, on Tuesday passed the second reading on the floor of the Osun State House of Assembly.
The appropriation bill was sent by the executive arm of government on September 29, 2022.
The Speaker of the Assembly, Timothy Owoeye at plenary today said the budget estimate for 2023 had gone through some considerations at the parliament where it was agreed to be brought to the floor for the policy thrust and second reading.
The 2023 Appropriation Bill named “Budget of Consolidation” has ₦96,377,740,930 for Recurrent Expenditure while capital expenditure has ₦39,888,247,710 making a total of ₦136,265,988,140.
Owoeye said; “The consideration of the year 2023 budget has nothing to do with politics, the Governor should be commended for his courage to meet up with the January to December budget cycle.’’
“We should all salute his maturity, he is not a selfish person but for the love of the people and the state, the Governor is keeping up with the tradition of the January to December budget consideration.’’
“This year’s budget presentation should not carry any political baggage because the bilateral consideration of the budget had been on before now and had since been concluded by the state executive council.”
The Speaker directed all ministries, departments and agencies of government including tertiary institutions to submit 35 copies of their draft budget to the House on or before Friday, October 28 for further consideration.
Owoeye also urged the House Committee on Rules and Business to meet with the Committee on Finance and Appropriation to work out a timetable for the appearance of Agencies and consideration of the submitted draft budget.



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