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Abiodun Presents N449.9bn Budget
The Ogun State Governor, Dapo Abiodun, yesterday presented N449.974 billion 2020 budget proposal before the State House of Assembly.
The budget was Christened, “Budget to Build Our Future Together.”
While presenting the budget to the Speaker of Ogun State Assembly, Olakunle Oluomo, Abiodun explained what the 2020 appropriation bill looks like.
He said, “Mr. Speaker, permit me to turn our attention to the coming year and the implications of these proposals upon the trajectory of development in the State.
“The 2020 Proposals have been aptly titled Budget to Build Our Future Together, to reflect our determination to deliver on our electoral promises to the optimal level. We, therefore, propose an estimated expenditure of N449.974 Billion.
“The components of the Budget are summarized as follows:
“Expenditure on Salaries and Allowances: Eighty-Three Point Two Three Eight Billion Naira which is Eighteen Percent of total.
“Pension and Gratuities: Twenty Five Point Nine Four Five Billion Naira which is six percent of total.