Home Feature Housing Gulps N29.1b In Ogun State’s 2023 Budget Proposal —

Housing Gulps N29.1b In Ogun State’s 2023 Budget Proposal —

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Kingsley U N Chikwendu —

Ogun State Governor, Dapo Abiodun yesterday presented fiscal Appropriation Bill of N472.25billion to the State House of Assembly, with N270.41billion earmarked as capital expenditure.

Abiodun said N29.1billion, representing 6 per cent of the budget was earmarked for housing and community development, while education would gulp N66.79 billion, representing 14 per cent; the health sector got 51.48 billion, representing 11 per cent.

He said that the 2023 budget was expected to achieve social cohesion that would continue to focus on equitable socio-economic growth and development.

”Our main objective in 2023 is to maintain and enlarge economic base, while being strategic towards harnessing economic opportunities in the outer years of our administration, conscious of victory at the coming polls, the Governor said.

”The key physical capital projects in the 2023 budget include implementation of schemes for power generation, to improve and guarantee electricity supply to our major cities, business clusters and estates.

”It includes development of a dry port at Kajola, to leverage on the existing rail network in that axis and rehabilitation, reconstruction and maintenance of roads across the state.

”We also have completion of the Agro-Cargo Airport, renovation and upgrading of Primary Healthcare Centers and procurement of Medical Equipment to PHCs across the state, among others”, he added.

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