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Makinde signs 2022 budget of N249.7 billion, Assembly financial autonomy bill into law

By Rotimi Agboluaje, Ibadan
23 December 2021   |   3:24 am
Oyo State Governor Seyi Makinde, yesterday, signed the 2022 Appropriation Bill into law with a total outlay of N249.7 billion.

Oyo State governor Seyi Makinde

Oyo State Governor Seyi Makinde, yesterday, signed the 2022 Appropriation Bill into law with a total outlay of N249.7 billion.

The governor, who assented to the bill at the Executive Council Chamber, Agodi, Ibadan, lauded the House for its timely passage.

He said the budget would aid the completion of some projects, adding that the administration has increased the internally-generated revenue from N1.9 billion where he met it to over N3.3 billion.

SIMILARLY, the governor, yesterday, signed the Oyo State House of Assembly Financial Autonomy Bill 2021 into law.

The governor, who stated that the state is practising true democracy guaranteed under the principle of separation of powers between the three arms of government, said the state would continue to prioritise public good above other interests.

MEANWHILE, the Speaker, in a statement shortly after the governor’s assent to the bill, described the development as another laudable feat by Makinde’s administration.

He said that with the signing of the bill into law, the Oyo State legislature would commence full financial autonomy from January 2022.

In his own reaction, Chairman of Parliamentary Staff Association of Nigeria (PASAN), Oyo State House of Assembly, Yemi Alade, appreciated the governor, whom he described as a worker-friendly governor, for giving his assent to the bill.