Business
Ogun Records 61 Per cent Budget Performance
The Ogun State government said on Tuesday?that it had ?achieved over 61 per cent performance in the implementation of its 2013 budget.
The?Ogun Commissioner for Budget and Planning, Mrs Oluwande Muoyo, said this in Abeokuta at a press briefing on the state’s mid-year budget performance.
“You will recall that the State House of Assembly approved the 2013 budget of N211.8 billion in December, 2012.
“I am here to report a cumulative overall half-year budget performance of 61.26 per cent,” Muoyo said.
While conceding that the figure was below the state’s target, the commissioner noted that it was an improvement on the performance of the state within the period under review.
She attributed the improvement to an aggressive and collective commitment to the Internally Generated Revenue (IGR) drive.
The commissioner said, ?” our IGR now stands at a monthly average of N4 billion ?as against N750 million? in 2011.
” We must appreciate the key stakeholders that have committed themselves to the mission to rebuild our dear state. However, there are still a lot to be accomplished.’’
Muoyo said the state had committed much resource toward ?infrastructure regeneration and development across the ?three senatorial districts.
She said the efforts geared toward ?infrastructure development were in realisation of its importance as a?major factor in stimulating economic growth.
?”It is expected that a good road network in a developing state like Ogun will promote commerce and linkages among various sectors of our economy,” she said.
The commissioner, who reiterated the state’s commitment to the provision of qualitative and affordable education, said that 15 of the proposed 28 model schools in the state were near completion.
She gave an assurance ?that the schools would be ready for use before the commencement of the 2013/2014 academic session.
The commissioner also said? the government was making progress in the pursuit of its rebuilding agenda in areas such ?as health, agriculture, employment generation, security, housing, urban renewal and industrialisation.
She, however, noted that the developmental programmes required significant funding and urged the residents of the state to pay their taxes regularly.
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