Budget: Ogun Council proposes about 950 million naira for 2018

A budget of nine hundred and fourty nine million, six hundred and fourty three thousand, four hundred has been


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Budget: Ogun Council proposes about 950 million naira for 2018
Hon. Suraj Olakunle Folarin

A budget of nine hundred and  fourty nine million, six hundred and fourty three thousand, four hundred has been proposed by the Chairman of Abeokuta North Local Government,  Hon.  Suraj Olakunle Folarin and presented to the Legislative Arm for year 2018.

The  budget  tagged "budget of realism" is the first budget to be presented after  the creation of the new  Abeokuta  North Local Government.

Hon. Folarin reiterates his promise that  his administration will be responsive to the yearnings of the  people and also  provide services that  will  touch the life of the ordinary man in the  Local Government.

Reviewing the year 2017 budget, the Chairman disclose that  the sum of #46,959,630 was generated as IGR which was a land mark generation compared to previous years, even though most of the  revenue items had been seceded to the newly created local council  development areas, couple with the dwindling allocation from  the  federation account, the  effort of  providing  intended amenities to the  people was drastically affected.

With the little allocation received from the State, the  Local Government was able to provide certain basic amenities for the people which include: provision OF  borehole at Ago Oko, Ago Odo, Ile Ora Ilugun Iberekodo Iso Itakun, and Ilugun near  Ile  Eja, grading of roads at favour Estate Elegant, Iriade, Ulupeju, Odo Eja and Imala.

others includes: installation and reactivation of ultrasound scanning machine at iberekodo health center, reconnection to national grid that has been long neglected by previous administration, engagement of 10 road sweepers, establishment of Kara Market at Arakanga targeted at boosting the IGR.

In agriculture, this  administration renovated the poultry farm and raised 200 birds and sold them  during  the yuletide season.

The 2018 draft budget presented to the House, the Chairman proposed a projected overall revenue of 949,643,400 naira this is made-up of RECURRENT  REVENUE
-  IGR. =25,110,000
Allocation from State Account =24,000,000
Allocation from federal account =790,000,000
Vat= 100,533,400
total recurrent revenue = 949,643,400 while capital expenditure proposed for  2018 stands at 84,235,000.

This  year budget size which was 949,643,400 naira is 44% lower than that  of last year which stood at 1,685,880,000 naira which is as a result of the newly created local council development areas carved out of the main Local Government, which  are Abeokuta North East, LCDA Ita IIyalode, Abeokuta North- West, LCDA Lanfenwa and Oke Ogun LCDA Imala.

Hon. Folarin Suraj assured the  House that  the budget of realism will only  consider what is realizable and real and that  all the six political  Wards will be adequately involved in the provisions of basic  amenities.

Responding on behalf of the legislative members, Leader of the House, Hon. Olawunmi Olalekan Yusuf appreciated the effort of the executive and the management of the local government in bringing the dividend of democracy to the  grassroots, he assured them that  the budget will be critically scrutinized and give a fast-track passage and approval in order to consolidate the grassroots development and transformation.

Present at the presentation were:  Vice Chairman, Hon. Bada Isiaq,  Secretary to the Local Government,  Mr. kKazeem Adegoke, HOLGA, Mr. Olubumi Oduneye  and all Heads of Department.


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