Ogun State Governor, Dapo Abiodun on Thursday, presented a N703.03billion Budget proposal before the State House of Assembly in Abeokuta for the year 2024 fiscal year.
Giving a breakdown of the budget tagged; “The Budget of Sustained Growth And Development,” the Governor disclosed that a total of N287.37 billion as Recurrent expenditure component of the bill, while N415.66 billion is proposed for Capital expenditures.
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Speaking further, Governor Dapo Abiodun noted that N105.88 billion has been placed for Overhead Costs.
In 2023, a total of N472.250 Billion was approved by the State lawmakers for the budget year.
Editor: Ken Eseni