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2022 Appropriation Bill: Ogun Assembly Approves N350.7bn
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Ogun State House of Assembly passed the N350.735 billion appropriation bill for Governor Dapo Abiodun to sign it into law.
EKO HOT BLOG reports that the House of Assembly passed the bill titled: H.B. No. 075/OG/2021 today.
The passage of the Bill was consequent upon the presentation of the report of the House Committee on Finance and Appropriation by its Chairman, Hon. Olakunle Sobunkanla, who thereafter moved the motion for its adoption.
The appropriation bill was later read and adopted clause-by-clause by the Committee of the House presided by the Speaker, Rt. Hon. Olakunle Oluomo at a plenary held at the Assembly Complex, Oke-Mosan, Abeokuta.
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The Assembly in the course of the legislative process on the appropriation bill, carried out slight adjustments in the recurrent expenditures of about 144 agencies, just as the capital expenditures of 38 other agencies were equally adjusted.
The adjustments led to a reduction in the total recurrent expenditure from the initial N172.997bn to N153.180bn resulting in N19.816bn decrease, while capital expenditure was increased from N177.737bn to N197.554bn giving an increment of N19.816bn
The motion for the third reading of the bill was moved by the Majority Leader, Yusuf Sheriff, seconded by Hon. Oludaisi Elemide and supported by the Whole House, while the Clerk/ Head of Legislative Service, Mr. ‘Deji Adeyemo did the third reading of the bill before the members.
Responding, Speaker Oluomo directed that the clean copy of the bill be transmitted to Governor Abiodun for his assent while seizing the occasion to commend his colleague-lawmakers, management and staff of the Assembly for their unrelenting efforts towards promoting good governance through the passage of people-oriented legislations.
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