{"id":104879,"date":"2023-12-21T21:52:06","date_gmt":"2023-12-21T20:52:06","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/aiyedatiwa-presents-n384-5bn-budget-for-2024"},"modified":"2023-12-22T00:50:17","modified_gmt":"2023-12-21T23:50:17","slug":"aiyedatiwa-presents-n384-5bn-budget-for-2024","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/aiyedatiwa-presents-n384-5bn-budget-for-2024","title":{"rendered":"Aiyedatiwa presents N384.5bn budget for 2024"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>Acting Governor of Ondo State, Lucky Aiyedatiwa, on Thursday evening presented a budget proposal of N384.533 billion for the year 2024 to the State House of Assembly.<\/p>\n

Aiyedatiwa presented the \u201cBudget of Economic Resilience\u201d to the lawmakers in the hallowed chamber of the Assembly during a plenary sitting presided over by the Speaker, Olamide Oladiji.<\/p>\n

According to the acting governor, N212,014 billion was budgeted for capital expenditure and N172,518 billion for recurrent expenditure, with infrastructure getting the lion\u2019s share of<\/p>\n

N95,482,176 billion.<\/p>\n

While stressing that the 2024 budget proposal is higher than the total projected budget outlay for the 2023 fiscal year, which was N275,979 billion, he disclosed that the budget for the outgoing fiscal year was revised upward to N313,144 billion due to the economic situation of the country, which was triggered by the removal of fuel subsidy.<\/p>\n

He further stated that the 2024 budget proposal, which was prepared on the projection of the 2024\u20132026 Medium-Term Expenditure Framework (MTEF), as required by the Ondo State Fiscal Responsibility Law of 2017, will focus on investment in human capital development as well as the rejigging of the state\u2019s revenue collection.<\/p>\n

Aiyedatiwa, who prayed for the quick recovery of his boss, commended the Speaker and other members of the Assembly for the support enjoyed by the administration.<\/p>\n

The acting governor, who equally appreciated the people of the state for their unflinching belief, confidence, and cooperation, informed the lawmakers that in fulfilling the aims and objectives of the 2024 budget proposal, the administration will pursue a policy stance that will entrench and enable excellent service delivery.<\/p>\n

\u201cIn continuation and consolidation of our citizens\u2019 engagement drive, which we initiated in 2018, stakeholders\u2019 consultative meetings with civil society groups, the private sector, youths, women, and vulnerable groups, and our traditional rulers across the 18 local government areas were held, and their inputs were harvested into the 2024 budget being presented today,\u201d he said.<\/p>\n

Speaker Oladiji, who assured that justice would be done to the proposal by the assembly, commended the administration for what he described as the undiluted attention accorded to every sector of the economy in the state.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Acting Governor of Ondo State, Lucky Aiyedatiwa, on Thursday evening presented a budget proposal of N384.533 billion for the year 2024 to the State House of Assembly. Aiyedatiwa presented the \u201cBudget of Economic Resilience\u201d to the lawmakers in the hallowed chamber of the Assembly during a plenary sitting presided over by the […]<\/p>\n","protected":false},"author":84,"featured_media":104878,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,254],"class_list":["post-104879","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-nigeria-2","tag-nigeria"],"yoast_head":"\nAiyedatiwa presents N384.5bn budget for 2024 - Nigeria<\/title>\n<meta name=\"description\" content=\"Acting Governor of Ondo State, Lucky Aiyedatiwa, on Thursday evening presented a budget proposal of N384.533 billion for ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/aiyedatiwa-presents-n384-5bn-budget-for-2024\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aiyedatiwa presents N384.5bn budget for 2024\" \/>\n<meta property=\"og:description\" content=\"Acting Governor of Ondo State, Lucky Aiyedatiwa, on Thursday evening presented a budget proposal of N384.533 billion for ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/aiyedatiwa-presents-n384-5bn-budget-for-2024\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-21T20:52:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-21T23:50:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/12\/sm_1703186107.239372.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/aiyedatiwa-presents-n384-5bn-budget-for-2024#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/aiyedatiwa-presents-n384-5bn-budget-for-2024\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Aiyedatiwa presents N384.5bn budget for 2024\",\"datePublished\":\"2023-12-21T20:52:06+00:00\",\"dateModified\":\"2023-12-21T23:50:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/aiyedatiwa-presents-n384-5bn-budget-for-2024\"},\"wordCount\":364,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/aiyedatiwa-presents-n384-5bn-budget-for-2024#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/12\/sm_1703186107.239372.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/aiyedatiwa-presents-n384-5bn-budget-for-2024#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/aiyedatiwa-presents-n384-5bn-budget-for-2024\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/aiyedatiwa-presents-n384-5bn-budget-for-2024\",\"name\":\"Aiyedatiwa presents N384.5bn budget for 2024 - 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