Ondo State House of Assembly has passed N96 billion 2024 supplementary budget.
Governor Lucky Aiyedatiwa recently forwarded to the lawmakers, a bill for a supplementary appropriation, increasing the initial N395billion 2024 budget to N487 billion.
Aiyedatiwa had anchored his request for a supplementary budget on the effects of petrol subsidy removal and to enable implementation of N73, 000 minimum wage recently announced for the state’s workforce.
The House of the Assembly in its discretion increased the governor’s proposal to N492billion, amounting to increase of N96billion.
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Speaking after submitting the report of the House’s Committee on Finance and Appropriation, Mr Oluwole Ogunmolasuyi, Owo said there was need for additional funds for target goals of the government.
Ogunmolasuyi, the House Majority Leader and Chairman of the committee, said funds allocated to some government’s ministries, departments and agencies had been exhausted because of inflationary pressure on the signed 2024 budget.
He added that the revised budget would give a clear expression for rapid development in the state.