The State of Osun House of Assembly has today passed the 2020 budget of restoration.
The passed budget has a total of N119,550,401,40 with recurrent expenditure at N57,674,993,990 and capital expenditure at N61,875,407,50.
In his remarks, the Speaker of the House, Rt. Hon. Timothy Owoeye thanked his colleagues for their efforts and commitment in ensuring the speedy passage of the 2020 appropriation bill.
He said “It is my hope that this budget of Restoration will put our dear State on the path to sustainable growth and development. I all on the executive arm to ensure the full implementation of the budget for the benefit of all Osun people.”
He later promised that in strict adherence to the tenets of the 7th Assembly legislative agenda, the House will continually deploy and effective oversight system and also work with the civil society organizations in couching and maintaining a budget monitoring system.
The house however proceeded on a 6weeks recess and will resume on 4th February, 2020.
