Adeleke laments deplorable state of Schools, Roads, Health Centres in Osun,set to launch 100 day infrastructure upgrade

The Osun State Governor, Senator Ademola Adeleke has expressed shock at the poor state of public schools, roads, and healthcare centres across the state, promised to launch a 100 day infrastructure upgrade in due course.   The Governor in a statement said;”I have an ambitious programme to upgrade Osun infrastructures across health, education, roads and water supply. This government will prove that good governance is possible with sincere leadership. My inspection is to have a first hand view in addition to the field reports from my team”   The Governor…

Adeleke freezes government accounts, reverses state name

The newly inaugurated Governor of Osun State, Ademola Adeleke, has frozen all government accounts in the state.   Adeleke directed this in his first executive order upon inauguration on Sunday.   Adeleke, in his speech delivered at the inauguration, alleged that the erstwhile governor of the state, Adegboyega Oyetola, carried out some actions “maliciously” after he (Adeleke) won the July 16 governorship election, including “hurried” employments without provisions to sustain them.   He claimed these actions were roadblocks channeled at making things difficult in his administration.     Adeleke also…

How I sustained Osun economy without borrowing in four years — Oyetola …pays N97billion out of inherited debt, leaves behind over N14 billion cash in State’s coffers

Governor Adegboyega Oyetola of Osun on Saturday disclosed that his administration is leaving behind for the incoming government a total sum of N14billion cash in the State’s coffers.   Oyetola also revealed that his government had successfully paid N97billion from the total debt inherited in 2018 when he assumed office.   He disclosed that his administration didn’t borrow a dime anywhere in the world to finance the economy of the State, saying he successfully kept faith and maintained fidelity with his electoral promises since the assumption of office.   Governor…

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-…