Ogun Assembly Passes N100.25bn Supplementary Budget (Read Details)

The Year 2022 Supplementary Appropriations Bill of N100, 251,416,938.4 was passed into law by the Ogun State House of Assembly, increasing the State’s capital expenditure by an additional N70.94Bn and its recurrent expenditure by N182.48Bn, for a total increase in revenue of N100.251Bn.
The passage of the supplementary bill which has now increased the initial N350.7bn 2022 Appropriation law to a new N450.98bn, followed the presentation of the report of the House Committee on Finance and Appropriation done by its Vice Chairman, Hon. Ganiyu Oyedeji, who thereafter moved the motion for its adoption, seconded by Hon. Haruna Wahab and supported by the whole House through a unanimous voice vote.

Consequently, the Speaker, Rt. Hon. Olakunle Oluomo conducted the reading and clause-by-clause adoption of the sectoral allocations at a plenary held at the Assembly Complex, Oke-Mosan, Abeokuta.

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