Oyebanji Signs N159.5 billion 2024 Appropriation Bill Into Law

Ekiti State Governor, Mr. Biodun Oyebanji has signed N159.5 billion 2024 Appropriation Bill Into Law, assuring that the 2024 budget will assist his government to deliver on its campaign promises and fulfill its obligation to the people.

Oyebanji also assured that his administration is fully prepared to implement the budget for the realization of his administration’s shared prosperity agenda.

Speaking yesterday while signing into law the 2024 appropriation Bill christened “Budget of Sustainable Growth and Development” he said the budget is expected to stimulate economic activities, create job opportunities, and enhance the overall socio-economic landscape of the state.

The budget was presented to the Governor by the speaker of the Ekiti State House of Assembly, Rt. Hon Adeoye Aribasoye and other principal officers at the Exco Chamber of the Governor’s Office, Ado Ekiti, the state capital.

The 2024 Budget estimate is N159.5 billion out of which 56 per cent is appropriated for recurrent expenditure 44 per cent for capital expenditure.

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Speaking while signing the budget, Governor Oyebanji reiterated his administration’s determination to ensure that the budget is fully implemented to drive sustainable growth and improve the standard of living for the people of Ekiti State.

While thanking the Speaker and Members of the House of Assembly for their thorough review of the budget and preparation of the final budget, the Governor said the Assembly has proven to be a reliable partner in the development agenda of the state.

“I am so impressed with the quality of debate and scrutiny put in place by the members of the House of Assembly.’’

Earlier, the Speaker of the Ekiti State House of Assembly, Rt. Hon. Adeoye Aribasoye said after the House had painstakingly deliberated and scrutinized the budget, it realized that the budget aligns with the priorities of the people.