Oyo assembly passes reviewed appropriation bill 2019 of n182bn

A news update!

According to the report, the Oyo State House of Assembly has passed the reviewed Appropriation Bill 2019, which has a total sum of N182 billion.

Here are some key details from the report:

• The reviewed budget is an increase of N12 billion from the initial budget of N170 billion presented by Governor Abiola Ajimobi in December 2018.
• The breakdown of the budget shows that N63 billion will be allocated to recurrent expenditure, while N119 billion will be spent on capital projects.
• The budget also provides for the payment of salaries and pensions, as well as infrastructure development, healthcare, education, and other essential services.
• The Assembly's passage of the reviewed budget is seen as a major step towards ensuring the effective implementation of the state's development plans and projects.

It's great to see the Oyo State government taking steps to ensure the effective management of its finances and the provision of essential services to its citizens.