Osun Assembly passes N129.7bn 2022 Budget

The State of Osun House of Assembly has passed the 2022 budget presented by Governor Adegboyega Oyetola before the Legislature on October 5, 2021.

This was even as the Governor of Osun, Gboyega Oyetola wrote to the Assembly on Monday seeking to extend the tenure of Local Governments Chairmen by another six months.

The passed budget has a total of One hundred and twenty nine Billion, seven hundred and fifty six million, four hundred and fifty thousand, seven hundred and ninety Kobo (#129.756.450.790) with the recurrent expenditure of #53,893,627,990 and the capital expenditure which stands at #75,862,822,800.

The 2022 budget christened “Budget of Sustainable Development” is #19 billion naira higher than that of the 2021 “Budget of Providence”.

It has the larger chunks of it earmarked for infrastructure, education and health sectors with the sum of #18.7bn, #11.8bn and #5.8bn respectively.

The Speaker, RT. Hon. Timothy Owoeye at plenary commended his colleagues and the House Committee on Finance and Appropriation for their painstaking effort in considering the 2021 Appropriation bill.

Owoeye warned that no Agency of Government or Ministry should tamper or alter the official figures in the 2022 budget, stating that such act will be taken up as a criminal offense which may attract serious legal implications.

He said the House would be alive to its responsibilities while regular interactions would be held with MDAs and the people on budget performance and feedback.

Earlier while reading the letter from Governor Oyetola, Owoeye noted that the Assembly will look into the request of tenure elongation for another six months for caretaker Chairmen and other management committee members.

The Speaker however directed the House Committee on Local Governments and Chieftaincy Affairs of the House to commence duties before the final consideration of the request.

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