Amosun presents 2013 budget to OGHA (Video 1)

The 2013 budget of Ogun State with the sum of N211.86 billion for appropriation, has been presented to the House of Assembly by the Governor - Senator Ibikunle Amosun. The budget is 5.6 per cent above the 2012 budget of N200.55 billion.

Amosun, while presenting the budget tagged ‘Sustainable Growth’ to the legislative arm of government, said the budget comprised N118.23 billion capital expenditure (56 per cent) and N93.64 billion (44 per cent) recurrent, maintaining that the budget proposal  was a reflection of his government’s commitment for infrastructure development.

He said about N43.44 billion representing 20.50 per cent of the total budget had been allocated to the education sector, stating that about N14.72 billion (6.95 per cent) was appropriated to the health sector.

Amosun said the agriculture and forestry sectors would take the centre stage of his government's activities in 2013, noting that about N10.69 billion (5.05 per cent) had been allocated to increase agricultural production and industrialisation.

He disclosed that the “IGR dropped from the N2.3 billion achieved in April 2012 to just over N1 billion in June 2012.”