Ondo State Assembly Passes N170.8 Bn 2017 Budget

The Ondo State House of Assembly on Monday passed the N170.8 billion 2017 appropriation bill.

The Chairman of the House Committee on Finance and Appropriation, Sunday Olajide, had presented the report of the committee to the House at plenary.

Olajide said that the bill had undergone proper scrutiny by members while public sittings were held for all Ministries, Departments and Agencies.

He also said the assembly refrained from granting indiscriminate requests by MDAs because of paucity of funds.

He noted that the committee only redistributed funds to some critical areas, with a marginal increase of N1.12 billion recorded.

“Hence, the overall budgetary provision will now be N170,846,580,000,” he said.

Olajide highlighted the observation of the committee that the 2017 expenditure was carefully projected and set at sustainable level with due consideration for the present economic realities.

He said the committee, however, recommended that all MDAs should, ensure that the provisions in the budget were applied to the needs stated therein while the Board of Internal Revenue should make efforts to block all identified leakages.

The state government, he added, should take all the steps necessary to propel all income generating MDAs to embark on internally generated revenue drive in line with extant laws with a view to attaining their revenue target.