Ogun State Governor Ibikunle Amosun on Tuesday presented N210.354 billion budget proposal for 2015 before the state assembly.
Mr. Amosun said the budget would be funded with the state’s Internally Generated Revenue, IGR, which currently fluctuates between N5 Billion and N6 Billion monthly.
“The rationale for this is that the macro-economic outlook driven by the global oil prices suggests a contraction in the national economy. I have always maintained that Ogun State is not immune from the wider economy. However I am confident that we will be able to maintain our budget size by innovatively growing our Internally Generated Revenue”, the governor said.
Mr. Amosun equally seized the opportunity to reel out his achievements in the last three and a half years of his administration in the state, saying “We have striven within the available resources to lay a solid foundation for our future development. We have worked hard to address the huge infrastructure deficit. We have also improved the security situation in the state and have restored our people’s confidence in government”.
“Indeed, we have succeeded in creating a good and befitting image for Ogun State Government and most importantly the good people of Ogun State. International, Multi-lateral and National Agencies who had hitherto written Ogun State off now find in us reliable partners and are willing to assist in our developmental efforts’. We, therefore, need to sustain this tempo and continue to build on this solid foundation.”
Among the leaders of the state invited to the presentation are Bola Ajibola, Biyi Durojaiye, former governors of the state, Oladehinde Joseph, Oladayo Popoola and Seidu Balogun, Rashidi Raji former military administrator, Bauchi and Sokoto states
The three paramount rulers in the state, the Alake of Egbaland,Adedotun Gbadebo, Olu of Ilaro, Kehinde Olugbenle, Awujale of Ijebuland ,Sikiru Adetona and other traditional rulers.Meanwhile, despite the fall in the money accruing to the state from the Federation Account, the budget size is N326Millin above the 2014 approved budget of N210.28b.