Amosun Presents N200.27bn Appropration Bill For 2016 Fiscal Year

Gov Ibikunle Amosun
Ogun State Governor, Senator
Ibikunle Amosun has presented a budget of
 N200.27bn for the 2016 fiscal year.
Presenting the budget
titled “Budget of Optimisation” to the State House of Assembly today, Governor
Amosun noted that the budget was slightly reduced by 4.79% when compared with
the 2015 budget.

The budget with major
funding expected from Internally Generated Revenue ofN108,000,000,000bn representing
(53.93%), federation Account
 N42,000,000,000bn (20.97%), external loans N40,274,453,352bn (20.11%) and
Grants of
 N10,000,000,000bn (4.99%). The
budget allocated a sum of
 N99.29bn to Capital expenditure, while N100.98bn was allocated to Recurrent
expenditure.


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It also accorded
priority attention to the five cardinal programmes of the Government with
Education taking a share of
 N40, 170, 805.280bn (20.06%), Efficient Healthcare Delivery, N14,346,259,000bn  while Agricultural Production and
Industrialisation is to gulp a sum ofN10,167,958,000bn.
Others are Affordable
Housing and Urban Renewal with
 N26, 567,290,663bn  and Rural and Infrastructural
Development/Employment Generation,
 N31,048,600,000bn.
According to the
Governor, the Education Sector will among other things witness the provision of
basic infrastructural facilities, rehabilitation of dilapidated structures and
building of new ones in addition to training and development of teachers,
adding that the payment of the West Africa Senior School Certificate
Examination (WASSCE) fee would continue to be the responsibility of Government.
On health Sector,
Senator Amosun emphasised that at least two Primary Health Care Facilities
would be renovated and equipped in each Local Government, assuring that the
Community Based Health Insurance
  Scheme Araya would be activated in the remaining thirteen Local Government Areas
among many other projections in the sector.
The Agricultural Sector
in the next fiscal Year is expected to witness acquisition of additional 10,000
acres of Agricultural land for allocation to genuine investors to promote
commercial farming in the State.
The Government would
also endeavour to accomplish the design of Abeokuta City Centre, construction
of MITROS city in Abeokuta, Sagamu and Isheri not leaving out the execution of
the proposed development of ten hectares of land at Kemta, off Ajebo road
through Public Private Partnership.
Senator Amosun reassured that all
ongoing projects have been taken care of by the medium term plan and would be
completed within the tenure of his administration, noting that the light rail
project connecting major towns in the three senatorial districts would be
vigorously pursued.
While acknowledging that the
outgoing year had been challenging, following the sharp reduction in global
commodity prices especially the price of oil, the Governor noted that decisive
and pragmatic steps would be taken to actualize the budget.
 “We shall continue to demonstrate prudence
whilst also exhibiting financial resourcefulness to ensure that the ongoing
projects across the State are completed, fundamentally, we must intensify
effort to deliver on our Internally Generated Revenue target in a manner that
does not overburden or inconvenience our people whilst being supportive to our
collective goals”, Amosun said.
  
The Speaker, Rt. Hon.
Suraju Adekunbi in his welcome address said the Executive Arm of Government is
working hard to change the face of the State for better, adding that the
legislature had been able to conduct a peaceful legislative business without
rancour and disharmony.
He also commended the civil
servants for their loyalty and commitment to the success and achievements of
the present administration.

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