Barely 24 days after the Ogun State Governor, Prince Dapo Abiodun, presented the 2020 budget proposal of N449.97bn, the State House of Assembly, has passed the Bill into law.
The Assembly, it was learnt, retained the budget size with an adjustment to the capital expenditure leading to an increment of N2.1bn for capital projects.
The realignment has now moved the capital estimate from N269,132,349,884.46 to N271,232,349,884.46.
The passage of the bill titled: HB. No. 032/OG/2019-Year 2020 Appropriation Law, at the plenary presided over by Speaker Olakunle Oluomo at the Assembly Complex, Oke-Mosan, Abeokuta, followed the presentation of the report of the House Committee on Finance and Appropriation, led by Hon. Olakunle Sobukanla, who thereafter moved the motion for its adoption;…