2018 Budget Proposal Scales Second Reading at Ogun Assembly

By on November 24, 2017

The 2018 appropriation bill on Thursday scaled second reading at the floor of the Ogun House of Assembly.

Mr Olawale Alausa (PDP – Ijebu Ode) moved the motion for the second reading of the bill and seconded by Mrs Yetunde Sogbein-Adekanbi (APC – Odeda)

Opening debate on the bill, Mr Olusola Bankole (APC – Ado Odo Ota 11), Committee Chairman, Finance and Appropriation, said that it was important for the bill to be passed into law as soon as possible.

Bankole explained that, for the citizens of the state to continue to enjoy dividend of democracy, it was important to expedite action on the passage of the bill.

“For more development, I want to urge my colleagues that we need to pass the bill before the end of the year so that the masses can also feel the dividends of democracy, ” he said.

In his own submission, Mr Olakunle Oluomo (APC – Ifo 1), said that the 2018 appropriation bill was ambitious and had set target for more Infrastructural and human development in the state.

Oluomo, the Deputy Speaker, urged other members to support the quick passage of the 2018 appropriation bill  tagged “Budget of Accelerated Development”.

In his own remarks, Alausa, explained that if the bill was given Accelerated passage, most of the ongoing projects would be completed in the interest of the citizens.

Mr Akinpelu Aina (APC – Ado Odo Ota 1), described the budget as an ambitious and reliable one, saying that 45 per cent of it would be financed by Internally Generated Revenue of the state.

Aina noted that with capital project taking much of the budget, there were indications that many of the projects embarked upon by the state government would be completed and pave way for others.

Mr Suraj Adekunbi, the Speaker, ordered that the bill be committed to Committee on Finance and Appropriation for further legislative actions.

Ogun Today reports that Gov. Ibikunle Amosun on Tuesday presented  a budget proposal of N345.4billion for 2018 to the House.

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