Tope Fayehun, Akure
Lawmakers in Ondo State yesterday passed into law this year budget of N170,846,580 billion after jerking it up by N1 billion.
Governor Oluwarotimi Akeredolu SAN had proposed a budget of NN169,720,580 with the aim of improving the living standard of the residents of the state.
Presenting the report on the floor of the House, the Chairman, Committee on Finance and Appropriation, Mr. Sunday Olajide, said the increase in the budget was to make funds available to meet the pressing needs of some MDAs.
The Speaker of the House, Rt.Hon.David Oloyeloogun, who announced the passage of the budget , said the Assembly will start oversight function once the governor signs the budget.
Oloyeloogun lamented the effects of economic recession on developmental activities in the all sectors of the state.
The Speaker,however urged the MDAs to intensify efforts at generating more revenue for the state.