AREGBESOLA TO RUN GOV’S OFFICE WITH N18.6BN IN 2015

Date:

Governor Rauf Aregbesola of the State of Osun is to spend a staggering N18,645,514,610 for the running of his office this year.
Mr Gboyega Oyetola, the Chief of Staff to Aregbesola, who announced this on Friday, said that this was what was budgeted for the Governor’s Office for 2015.
Oyetola disclosed this in Osogbo, while defending the budget of the Governor’s Office before the House Committee on Finance and Appropriation.
According to him: ‘’N6,925,000,000 is for recurrent expenditure and its capital expenditure is proposed at the sum of N11,720,514,610.
‘’The budget size for the year represents a 36.13 per cent reduction in the size of the budget for year 2014,’’ Oyetola said.
He said the Office of the Governor proposed to raise N3,025,000,000 as revenue through tender fees, registration of contractors, capital receipts and from other sources.
According to Oyetola, N1,159,000,000 is expected to be spent on salaries, allowances and other remuneration of career officers and political office holders in the Governor’s office.
The sum of N3,775,000,000 is expected to be spent on general administration of bureaus and agencies in the Office of the Governor, as part of overhead costs.
The payment of salaries to the Governor, the Deputy Governor, Judges, the State Independent Electoral Commission and others would gulp N2billion.
Reports showed that N11,720,514,610 was proposed to cater for the execution and implementation of projects and programmes of agencies and bureaus in the Office of the Governor.
The chairman, House Committee on Finance and Appropriation, Mr Kamil Oyedele, promised that the house would give the budget a critical and accelerated consideration and passage.
Oyedele also appreciated the House for their patience during the presentation and defence of the budget by the Ministries, Departments and Agencies (MDAs).
Source: New Telegraph

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