Categories: News

Alimosho Council Boss Presents N1.44 Billion 2018 Budget

 

The Executive Chairman of Alimosho Local Government Area of Lagos State, Hon. Jelili Sulaimon, has presented a budget of N1,445,257,332 to the council’s legislative arm.

Sulaimon, who tagged the budget, “ Budget of human and infrastructural development”, said it has essential focus on constructions, welfare packages, free health, education, social engineering , capacity building and poverty alleviation.

The breakdown of the budget obtained from the local government’s official twitter handle @AlimoshoOnline, the council boss said “It is the wish of this administration to bring rapid development, sustainable growth, accelerated progress and prosperity to this council at this material point in time.

“Therefore, I solicit for the understanding and unalloyed cooperation of the representatives of the good people of Alimosho Local Government towards the realization of our objectives”.

He explained that the recurrent expenditure covers 74.34 per cent while the capital expenditure accounts for 25.66 per cent of the budget.

Sulaimon further explained: “The capital expenditure will cater for the economic planning and budget, research and statistics, MDG/special donor agencies , agriculture , rural and social development .Also, works , housing and infrastructure attract the largest share of the budget proposals as well as environmental service and waste management.”

“The estimated recurrent expenditure as proposed will cater for the personnel cost at N356,473,729. 98, teachers’ salaries , N350,874,990.25 while the overhead cost of N366,978,168.68.”

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