The lawmakers handed the invoice after a clause-by-clause attention of things within the monetary proposal.
The Oyo State House of Assembly on Thursday in Ibadan handed the state’s 2023 Appropriation Bill of N310 billion (N310,432,500,000) into legislation.
The News Agency of Nigeria (NAN) reviews that the lawmakers handed the invoice after a clause-by-clause attention of things within the monetary proposal.
The handed price range is N432.5 million upper than the proposed N310 billion previous despatched to the lawmakers via Governor Seyi Makinde on 3 November.
The licensed price range accommodates a capital expenditure of N154.8 billion (N154,755,366,965) and a recurrent expenditure of N155.7 billion (N155,677,138,337).
Before the passage of the price range, the House Committee on Public Accounts, Finance and Appropriation, had introduced its file at the state’s 2023 Appropriation Bill to the lawmakers, which was once followed.
After the 3rd studying at plenary via the Chairman of the House Committee on Appropriation, Mustapha Akeem, representing Kajola constituency, the lawmakers did a clause-by-clause attention of the invoice.
The lawmakers, when deliberating at the proposed capital expenditure, advised positive amendments and concluded that the preliminary sum of N154.3 billion be modified and amended to N154.8 billion
The recurrent expenditure, as handed, stands at N155.7 billion, as towards the N155.65 billion, proposed via the governor.
After the deliberations and amendments, the Speaker, Debo Ogundoyin, moved the movement to undertake the appropriation invoice into legislation, which the lawmakers unanimously voted for its passage into legislation.
NAN reviews that prime issues of the price range, as allotted are: Office of the Governor N400 million; Oyo State Investment, Public and Private Partnership N800 million and Oyo State House of Assembly N8 million.
Others come with the Bureau of Public Procurement (N100 million) and the Rural Electrification Board (N64 million).
Author: Premium Times