Ogun proposes N185BN Budget for 2017

Governor Ibikunle Amosun of Ogun state

Ogun State Government has proposed the spending of N185 billion for its services in 2017.

The proposed 2017 budget is 15 billion Naira lower than the outgoing 2016 200 Billion Naira budget.

The State Budget Commissioner, Adenrele Adesina, announced this at the end of the Ogun State Treasury Board Meeting on the estimates for the proposed 2017 budget in Abeokuta.

Education sector is allocated N41 billion out of the proposed n185 billion budget, healthcare delivery (N12 billion), Agriculture Production and Industrialization (N9 billion), affordable housing and urban renewal programme (N21 billion) and N31 billion for Infrastructural Development and Employment Generation.

The Proposed Budget, according to the commissioner, is to be, partly, financed with an estimated N97 billion from the Internally Generated Revenue (IGR) in 2017

Governor Ibikunle Amosun attributed the drop in allocation in the proposed 2017 budget in Ogun State to the Economic Challenges facing the Country.

Amosun, speaking during the defence of the proposed 2017 budgetary estimates by the ministries, departments and agencies (MDAS) at the Obas Complex, Oke-Mosan, Abeokuta, urged the MDAS not to be overwhelmed by the economic challenges.

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