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Oyo sets January-December benchmark for budget implementation, evaluation


Governor of Oyo State, Makinde

The Oyo State Government has said that it will henceforth set January to December cycle benchmark for budget planning and implementation to give enough room for easy evaluation by the government and the people.

Secretary to the State Government, Mrs. Olubamiwo Adeosun, made this assertion in her keynote address at a one-day sensitisation workshop on the 2020 budget in Ibadan.

Adeosun, who emphasised the need to promote strategic planning with the budgeting system, stated that the workshop was essential at the present time to educate and sensitise key officers in charge of the budget on the need to focus on transparency in the budget process, which she said, would ensure realisation of the four pillar development agenda of the Seyi Makinde-led administration.

Adeosun noted that the government’s decision to create an independent Ministry of Budget and Economic Planning was driven by the need to have a budgeting system that would be open and highly inclusive.

“This administration is entrenching the principle of budget realism going forward in 2020. Our failure to perform well in budget execution has long been hinged on the weak link between policies, plans, and budget, hence the decision of this administration to create a Ministry of Budget and Economic Planning,” she said.

Also speaking at the event, the state’s Head of Service, Alhaja Ololade Agboola, said that the era of humongous and extravagant budget was over as the proposed 2020 budget would not only focus on the four cardinal principles and policies of the present administration, which were education, health, security, and economy but would also ensure its efficiency and effectiveness to deliver the dividends of democracy to the entire citizens of the state.

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