The review of over N285 billion budget approved for 2019 fiscal year by the immediate past Governor of the state, Senator Abiola Ajimobi has commenced by Oyo State House of Assembly.
This followed the second reading of the Oyo State Appropriation and Finance bills 2019 at during the plenary presided over by the Speaker, Hon Adebo Ogundoyin.
The administration of Governor Seyi Makinde is seeking a reduction of the 2019 budget by forty percent, putting the new proposed figure at N171 billion, as against the one earlier earmarked for the year under review.
The bills, which passed through second reading at the plenary were later referred to the House Committee on Public Account, Finance and Appropriation .
Justifying the proposal, Speaker Ogundoyin said the 2019 budget is an inherited bill which does not really represent the direction the present government intends to go and the agenda it plans to pursue.
He urged members of the House Committee on public account, finance and appropriation to critically review the budget in line with the vision of the present administration.
In their separate remarks, the Deputy Speaker, Hon Abiodun Fadeyi, Majority Leader, Hon Sanjo Adedoyin and the Minority Leader, Hon Asimiyu Alarape in their contributions called for adequate review of funds allocated to various Ministries, Departments, Parastatals and Agencies of government in the said budget.
Justifying the proposal, Speaker Ogundoyin said the 2019 budget is an inherited bill which does not really represent the direction the present government intends to go and the agenda it plans to pursue.
He urged members of the House Committee on public account, finance and appropriation to critically review the budget in line with the vision of the present administration.
In their separate remarks, the Deputy Speaker, Hon Abiodun Fadeyi, Majority Leader, Hon Sanjo Adedoyin and the Minority Leader, Hon Asimiyu Alarape in their contributions called for adequate review of funds allocated to various Ministries, Departments, Parastatals and Agencies of government in the said budget.