Ondo Governor Signs N96bn Supplementary Budget, Raising 2024 Budget to Over N492 Billion

 Ondo State Governor, Lucky Aiyedatiwa, has signed into law the supplementary budget of N96 billion, as approved by the State House of Assembly,  for 2024.

Governor Aiyedatiwa while signing the supplementary budget of N96, 788, 100, 000, at the Executive Council Chambers of the Governor’s Office on Tuesday said it aimed at meeting the new financial commitments of the state government.

This brings the total budget for 2024 to a total of N492, 045, 100, 000 which is made up of recurrent expenditure of N246, 727, 852, 786 and capital expenditure of N245, 317, 247, 214.

He said the supplementary budget captures the payment of the new minimum wage of N73, 000 recently approved for workers as well as the salaries of newly recruited workers across various sectors. 

Governor Aiyedatiwa said the supplementary budget reflects the determination of his administration to cater for the welfare of workers and the overall development of the state. 

The Governor also signed into law the Bill providing for the expansion of the board of the Ondo State Oil Producing Areas Development Commission (OSOPADEC), saying the new law will ensure inclusivity and better equitable representation from the mandate areas.

Governor Aiyedatiwa also signed the Amendment of the Ondo State House of Assembly Service Commission Law, thanking the leadership and members of the House of Assembly on their diligent efforts on the bills.

Speaking at the event, the Speaker of the House of Assembly, Olamide Oladiji, said commend the leadership style of the Governor and the various milestones he has achieved since assumption of office. 

Oladiji said: “These giant strides have not only transformed the State in all facets but have clearly demonstrated your vision, capacity, intellectual ability, zeal, passion, direction and a clear understanding of the enormous job ahead.

“I want to on behalf of my colleagues assure Mr. Governor of our continuous support and cooperation to ensure the success of this administration. It is therefore hoped that the implementation of these Laws will impact meaningfully on the lives of the good people of the State.”

Fidelis David

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