Oyo Assembly passes 2019 budget

The Oyo State House of Assembly on Thursday passed the 2019 appropriation bill of the state to the tune of N285,151,248,190.48.

The bill was passed into law with the state Assembly decrying the poor performance of Ministries, Departments and Agencies in generating revenue internally last year.

The approved budget covers a recurrent of N121,619,813,614.24 and capital expenditure of N163,531,434,576.24.

DAILY POST gathered that the budget passed by the Assembly on Thursday is an upward review of N151.2 million from the N285 billion presented by Governor Abiola Ajimobi on December 31, 2018.

Contained in a report of the appropriation committee on the 2019 budget as presented by its Chairperson, Mrs. Bolanle Agbaje, the Assembly said the MDAs attributed the handicap to difficulties in getting required logistics and running grants for monthly operations.

The report, particularly, pointed to serious complaints by MDAs, during budget defence, about bureaucratic bottlenecks in getting approval for the execution of their programmes.

For improved performance of the 2019 budget, the Assembly urged the executive arm of government to release rebate all its revenue-generating MDAs as an incentive to boost internal revenue generation.

While calling for rigorous revenue drive, the Assembly tasked the executive arm to deal with tax defaulters, in accordance with provisions of the law.

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