Home News State By State Ogun Assembly Passes N350.74bn 2022 Appropriation Bill, Increases Capital.Expenditure By N19.8bn

Ogun Assembly Passes N350.74bn 2022 Appropriation Bill, Increases Capital.Expenditure By N19.8bn

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By Kolawole Olayinka, Abeokuta

Ogun State House of Assembly on Wednesday passed the N350.74 billion 2022 budget with adjustments in recurrent and capital estimates of about 182 agencies.

The passage of the Bill was consequent upon the presentation of the report of the House Committee on Finance and Appropriation by its Chairman, Hon. Olakunle Sobunkanla, who thereafter moved the motion for its adoption, seconded by his Vice, Ganiyu Oyedeji and supported by the whole House through a unanimous voice vote.

The appropriation bill was later read and adopted clause-by-clause by the Committee of the House presided by the Speaker, Rt. Hon. Olakunle Oluomo at  the plenary held at the Assembly Complex, Oke-Mosan, Abeokuta.

The Assembly in the course of legislative process on the appropriation bill, carried out slight adjustments in the recurrent expenditures of about 144 agencies, just as the capital expenditures of 38 other agencies were equally adjusted.

The adjustments led to reduction in the total recurrent expenditure from the initial N172.997 billion to N153.180 billion resulting in N19.82 billion decrease, while capital expenditure was increased from N177.737 billion to N197.554 billion giving an increment of N19.816billion

The motion for the third reading of the bill was moved by the Majority Leader, Yusuf Sheriff, seconded by Hon. Oludaisi Elemide and supported by the Whole House, while the Clerk/Head of Legislative Service, Mr. ‘Deji Adeyemo did the third reading of the bill before the members.

Responding, Speaker Oluomo directed that the clean copy of the bill be transmitted to Governor Dapo Abiodun for his assent, while seizing the occasion to commend his colleague-lawmakers, management and staff of the Assembly for their unrelenting efforts towards promoting good governance through the passage of people-oriented legislations.

In another development, a bill titled HB. No. 077/ OG/2021- Ogun State Board of Internal Revenue Law, 2021 has scaled first and second readings on the floor of the House with an assurance from members that when operational, it would aid  efficiency, promote accountability and transparency as well as boost revenue generation in the State.

The bill seeks for “a law to provide for the Establishment of the Ogun State Board of Internal Revenue, Service and Administration; and collection of revenue due to the Government of the State and for matters related.”

Lawmakers who spoke during the debate on the second reading of the bill, noted that it was high time the State Revenue Board became autonomous to further strengthen its operations.

The Assemblymen spoke in unison after the motion for the second reading was moved by Majority Leader, Yusuf, seconded by Isaac Adams and supported by the Whole House through a voice vote at a plenary presided over by the Speaker.

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