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The Governor of the State of Osun, governor Gboyega Oyetola on Thursday presented a budget of N152, 756, 088, 830.00 for the year 2019.


The budget which was Titled “Budget of Hope,” N15,870,175,600.00 10.39 was allocated to recurrent while capital expenditure received N91,957,496,420.00 65.43.

At the presentation before the 26-member Assembly, Oyetola described the 2019 Budget as unique, saying it was drawn from a carefully-crafted Development Document.

According to him, the budget will be “objectively and faithfully” implemented.

The governor, who appealed to the people to cooperate with his government in transforming the state, he said: “This budget is a product of the collective inputs of broad-based stakeholders, strategic thinking and world-class ideas on economic renewal and re-engineering.

“By its content and strategy, it is home-based, people-owned and 21st-century-thinking propelled.

“By this strategy, the people have spoken and given direction on the way forward.

“This Budget of Hope is, therefore, a product of people’s hope. We shall put all measures in place to give life to the hope they expect.

He added: “We are determined to set the State of Osun on the path of real and time-tasted growth through unprecedented investment in the core sectors – agriculture, mining, tourism, commerce and industry, infrastructure, education, health and technology – to sustainably drive our economy.

“We shall put strategies in place to further promote food security, employment and create wealth by investing heavily in agriculture, mining, infrastructure, commerce and industry, education and technology.

“We shall also introduce creative and prudent management of our resources, block leakages and eliminate wastages.

“We will assemble the brightest of the best minds to drives our policies. We will provide equitable opportunities and people-oriented governance.

Speaker Najeem Salaam said the presentation of the 2019 budget was significant because it was the first to be presented by Oyetola while promising speedy’s Assembly attention to it.

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