By Adeyinka Adeniran
Governor Seyi Makinde has presented a supplementary budget sum of ₦79,337,000,000.00 to the Oyo State House of Assembly under the 2024 fiscal year.
The supplementary budget which was sent to the lawmakers for legislative consideration and approval was presented to the House by the Speaker, Rt. Hon Adebo Ogundoyin while reading a message from the executive on the floor during Tuesday’s plenary.
The supplementary budget scaled through first reading and was subsequently committed to the House Committee on Finance, Appropriation, Budget and Economic Planning for further scrutiny.
Corenews reports that Oyo state currently implementing the 2024 Appropriation budget sum of over N438.4 billion which was approved by the House of Assembly and subsequently assented into law by Governor Makinde.
According to the governor’s message to the House, the supplementary budget would enable realignment of the recurrent and capital expenditure for the services of Oyo State in the year ending or the 31st day of December, 2024.
More shortly….
