Ekiti state governor, Mr. Biodun Oyebanji Thursday signed into law the 2024 appropriation bill with an assurance that his administration was fully prepared to implement the budget for the realisation of his administration’s shared prosperity agenda.
The 2024 appropriation, christened “Budget of Sustainable Growth and Development,” was presented to the governor by the speaker of Ekiti House of Assembly, Rt. Hon Adeoye Aribasoye and other principal officers at the Exco Chamber of the Governor’s Office, Ado Ekiti.
Fifty six percent of the N159, 572,481,915.51 budget was appropriated for recurrent expenditure while 44 per cent is for capital expenditure.
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 of the people of Ekiti state.
He said the budget is expected to stimulate economic activities, create job opportunities, and enhance the overall socio-economic landscape of the State as well as assist his government to deliver on its campaign promises and fulfill its obligation to the people.
While thanking the speaker and members of the House of Assembly for their thorough review of the budget and preparation of the budget, the governor said the lawmakers had proven to be reliable partners in the development agenda of the state.
Earlier in his remarks, the speaker, Rt. Hon. Adeoye Aribasoye, said after the House painstakingly deliberated on the budget and realised that it aligned with the priorities of the people.
