Adedapo Adesanya
By Adedapo Adesanya
The Governor of Ekiti State Governor, Mr Biodun Oyebanji, has signed into law the 2024 appropriation bill with an assurance that his administration was fully prepared to implement the budget for the realisation of his administration’s shared prosperity agenda.
The 2024 Appropriation named ‘Budget of Sustainable Growth and Development’ was presented to the governor by the Speaker of the Ekiti State House of Assembly, Mr Adeoye Aribasoye, and other principal officers at the Exco Chamber of the Governor’s Office, Ado Ekiti on Wednesday.
The 2024 budget estimate is N159,572,481,915.51 (N159.57 billion), out of which 56 per cent is appropriated for recurrent expenditure and 44 per cent for capital expenditure.
Speaking while signing the appropriation bill, Mr Oyebanji reiterated his administration’s determination to ensure that the budget is fully implemented to drive sustainable growth and improve the standard of living for the people of Ekiti State.
He said the budget is expected to stimulate economic activities, create job opportunities, and enhance the overall socio-economic landscape of the state as well as assist his government to deliver on its campaign promises and fulfill its obligation to the people.
While thanking the Speaker and members of the Ekiti State House of Assembly for their thorough review of the budget and preparation of the final budget, the Governor said the parliament has proven to be a reliable partner in the development agenda of the state.
The budget signing was also witnessed by the Deputy Governor, Mrs Monisade Afuye, members of the state’s legislative arm of government, and the state executive council.
