TIMOTHY AGBOR
GOVERNOR Gboyega Oyetola of Osun State has presented a budget of N109.8 billion to the state House of Assembly for the 2021 fiscal year.
Oyetola said the appropriation bill, tagged, “Budget of Providence”, was dedicated to assisting the state pull through with planned economic recovery from the effects of the COVID-19 pandemic.
He said the bulk of the state government’s revenue for 2020 was from Federal Allocation, noting that efforts would be made to boost Internally Generated Revenue, going forward.
Speaker of the State House of Assembly, Timothy Owoeye, however, commended the Executive for coming up with a workable 2020 budget despite the COVID-19 pandemic.
He urged Oyetola to enhance the ease of doing business and remove bottlenecks that could hinder investors’ confidence.
Details later…
-ThePoint
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