Ondo Gov, Aiyedatiwa signs N395 Billion 2024 Budget

Governor of Ondo State, Lucky Aiyedatiwa, yesterday, signed into law, the state’s 2024 budget of N395 billion. The appropriation bill was signed a few hours after the appropriation bill was passed by the State House of Assembly. The total budget comprises 56.23 per cent capital expenditure, while the remaining 43.77 percent is recurrent.

While delivering his address, Aiyedatiwa said the budget tagged ‘Budget of Economic Resilience’ would be utilised for the development and growth of the state in the 2024 fiscal year.

He said, “You will all recall that on Thursday, December 21, 2023, I presented the 2024 budget estimates of N384b, christened the Budget of Economic Resilience, to the State House of Assembly for legislative consideration. The House, in its characteristic devotion to our people’s cause, has painstakingly considered the budget and passed it.”