Oyetola signs N138b 2023 budget

Osun Governor, Adegboyega Oyetola, on Thursday night, signed the 2023 Appropriation Bill into law. The budget was passed into law by the House of Assembly on Wednesday. The  2023 budget estimate of N138 billion, is tagged: “Budget of Consolidation”. It has Personnel Expenditure component of  N45,450,655,060; Recurrent Expenditure, N53,755,885,370; total recurrent expenditure N99,206,540,430; while Capital Expenditure stands at N39,059,447,710, making the total budget size of N138,265,988,140. Signing the Appropriation Bill into law in his office at Government Secretariat, Abere, Osogbo, Governor Oyetola announced that the 2022 budget as at the…

Wike introduces free school feeding programme, presents N550b 2023 budget 

Rivers State Governor, Nyesom Wike has presented a budget estimate of 550 billion naira for the 2023 fiscal year, the highest to be projected by his administration since assuming office in 2015.   The Governor who presented the appropriation bill to the state’s House of Assembly on Tuesday, November 22, 2022, also announced a free feeding programme for pupils in primary schools to increase enrolments.   Wike explained that his administration projected ₦351bn as Capital Expenditure for the 2023 fiscal year.   The Governor explained that in 2023 the State…

Gov Sani Bello Presents N238b 2023 Appropriation Bill to Niger State Assembly

Niger State Governor, Abubakar Sani Bello has presented  N238,924,457,782.47 2023 Appropriation Bill, christened ‘Budget of Consolidation and Transition’, before the State Assembly.   In what apparently is the last budget presentation by the administration, Governor Sani Bello said the Fiscal Estimate is designed to consolidate its past achievements in moving the state forward and called on the incoming administration to seriously explore the abundant opportunities available in agriculture, tourism, and mineral resources to boost the state’s internal revenue.   The 2023 Budget, which is 2,96 per cent higher than the…

FAAC shares N760.235b Revenue to FG, States, LGCs for Sept 2022

The Federation Account Allocation Committee (FAAC) has shared a total sum of N760.235 billion September 2022 Federation Account Revenue to the Federal Government, States and Local Government Councils.   This was contained in a communiqué issued at the end of the Federation Account Allocation Committee (FAAC) meeting for October 2022.   The N760.235 billion total distributable revenue comprised distributable statutory revenue of N502.135 billion, distributable Value Added Tax (VAT) revenue of N189.928 billion, Electronic Money Transfer Levy (EMTL) revenue of N8.172 billion and Augmentation of N60.000 billion.   In September…

Osun Food Support : Oyetola flags off 19th edition  …  says his administration remains committed to sustainability of the initiative 

The government of Osun, on Monday, flagged off the 19th edition of its monthly Food Support Scheme, with the distribution of food items to another set of 30,000 people who belong to the vulnerable segment of the population in the State. This was even as Governor Adegboyega Oyetola attributed the consistency and sustainability of the initiative, in spite the attendant challenges, to the fulfilment of his covenant to God and the Osun masses. Recall that in its bid to continually bring succour to the less privileged members of the society…

Buhari to sell 25 Nigeria’s properties to fund N10.7trn 2023 budget deficit

Federal Government under the leadership of President Muhammad Buhari has listed over 25 Nigeria properties that will be either sold or ‘concessioned’ to fund the N10.7trn 2023 budget deficit.   Recall that President Muhammadu Buhari has said that the 2023 budget deficit of N10.78 trillion would be funded by borrowing, as well as sales of national assets and project-specific loans.   The president made the revelation, on Friday, October 7, 2022, while presenting the Appropriation Bill of N20.51 trillion for 2023 to the Senate and the House of Representatives at…

Gov Oyetola swears in 69 newly elected Council Chairmen …    charges them to hit the ground running, be magnanimous in victory

Following the successful completion of Osun Local Government Election last Saturday, Governor Adegboyega Oyetola of the State has inaugurated the elected Council Chairmen into all the 69 Local Government Areas, Local Council Development Areas, Area Councils and Area Offices in the State. This is even as the Governor tasked them to hit the ground running by providing adequate, quality and equitable services on a consistent basis. The Osun State Independent Electoral Commission (OSIEC) had on Saturday October 15, 2022 conducted the local government election across the State. Inaugurating the newly-…

Fayemi bows out, Oyebanji sworn in as Ekiti Governor 

Dr Kayode Fayemi

Abiodun Oyebanji, has been sworn in as governor of Ekiti state bringing an end to the administration of Kayode Fayemi.     Oyebanji with his deputy, Chief (Mrs) Monisade Afuye were sworn in by the Chief Judge of Ekiti State, Hon. Justice Oyewole Adeyeye on Sunday, October 16, 2022, amid cheers from the mammoth crowd present.   The event which occurred at Ekiti Parapo Pavillion had the presence of Ondo Governor Rotimi Akeredolu; his Osun counterpart Gboyega Oyetola; and ex-Ekiti Governor, Ayodele Fayose     Other dignitaries present at the…

Buhari,Osinbajo to spend N3.34b on local, foreign trips

The Presidency has proposed the sum N3.34 billion for the local and foreign travels of President Muhammadu Buhari and Vice President Yemi Osinbajo in the 2023 appropriation bill submitted to a joint session of the National Assembly on Friday.   The breakdown of N2.49bn set aside for the president’s trips has N862,076,448 for local travel and transport, while international travel and transport is N1,633,464,208.   The breakdown of the N846,607,097 budget estimate for Osinbajo’s tour has N330,320,396 for local travel and transport, as well as N516, 286,701 for international travel…

Gov Sani Bello redeploys Commissioners in minor cabinet reshuffle 

The Niger State Governor, Alhaji Abubakar Sani Bello has approved a minor cabinet reshuffle involving two Commissioners to re-energize governance in the State.   A statement by Secretary to the State Government (SSG), Ahmed Ibrahim Matane disclosed that Governor Abubakar Sani Bello has directed the redeployment of Hon. Yusuf Suleiman Liman from the Ministry of Water Resources and Dams Development to the Ministry of Youth and Sports while Hon. Mamman Musa moved from the Ministry of Youth and Sports to the Ministry of Water Resources and Dams Development.   The…