Y2021 Budget: Egunjobi Empowers 40 Traders With N100K Each, Places 250 Unemployed Youths on N10k Monthly Stipends ...Presents N3.5Bn Y2021 Proposed Budget To Council Legislative Arm

Y2021 Budget: Egunjobi Empowers 40 Traders With N100K Each, Places 250 Unemployed Youths on N10k Monthly Stipends 

Egunjobi and Anigbajumo 

...Presents N3.5Bn Y2021 Proposed Budget To Council Legislative Arm

...Budget to get speedy Response, Says Council Leader, Anigbajumo

AgegePulse  Magazine 

The good people of Agege Local Government yesterday received another fresh breath when the Executive Chairman of the Council, Alhaji Ganiyu Kola Egunjobi (JP)  presented the Year 2021 proposed Budget to members of the Legislative Arm of the council under the Leadership of Hon. Anigbajumo Akolawole inside the hallow chamber of the newly built Rt. Hon. Mudashiru Ajayi Obasa Legislative Building in Agege.

In a statement, Egunjobi reiterated that his led administration will continue to focus on consolidating on the gains, development and progress he has recorded so far with the aim of ensuring  that residents and business owners in Agege get the desired enabling environment for business to thrive.

The Y2021 Budget which was tagged a "Budget of Renewable of Hope" was proposed at the figure of about N3.56bn for the legislators to work on.

In a brief interview with AgegePulse Magazine, the Council boss said, "About 40 (forty) petty traders and artisans will receive N100,00 financial empowerment each and about 250 unemployed youths have already been selected across the seven wards in the local government in the pilot scheme to be placed on Monthly Stipends of N10,000 each.

"The beneficiaries are to undergo reformative and rehabilitative programmes, from counselling, employment, education to vocational training".

"The Year 2020 Budget recorded about 82% performance. The Proposed Y2021 Budget will capture the following, completion of ongoing infrastructural projects, construction and rehabilitation of new roads, Education programme, Provision of Health Centers, Security, Youth Empowerment, staff welfare among others.

"Continuous sensitization of the community on preventable measures against COVID-19.

" To set up more social welfare programmes for residents by providing different kinds of safety net including the newly introduced Agege Youths Deradicalization Programme scheduled to commence today". Egunjobi concluded.

Receiving the Budget on behalf of the legislative arm, the leader of the Council, Hon. Kola Anigbajumo said is team have received the Budget as a working document.

Hon. Anigbajumo commended Egunjobi led administration for been proactive and rapid responses to the yearnings of residents and stakeholders of Agege community.

He promised that the Budget Proposal will receive due attention of the lawmakers and pass the appropriation bill soon.

While noting that it is no news that their tenure will elapse in few months' time, the Leader stated that the Legislative Arm has always been giving adequate supports to the executive arm to ensure hitch-free administration.

The councilor representing Ward D, Hon. Aliyu Nojeem Oloruntoyin commended the executive arm, particularly, the chairman for his erudite leadership and robust relationship accord to the lawmakers.  Hon. Oloruntoyin emphatically praised Egunjobi led administration for his rapid response to yearnings of Agege community.  On the proposed budget presentation, which according to the councilor, is timely presented, that the lawmakers will do justice to it in line with the conclusive part of the chairman's speech.

Under the motion of adjournment, Hon. Hassan A Ala, representing Ward C, thanked the council chairman and the management team for presenting the year 2021 budget and assured timely approval.

Executive members led by the council chairman, management team led by the acting Council Manager, Mr. Babatunde Akinbami, Counil SLG, Hon. Gbenga Abiola, aides to the council boss led by the Chief of Staff, Mr. Oriade Saheed Ademola, Chief Safari Adaranijo (Agege APC apex Leader), Hon Taofeek Adaranijo Mhr (former MHR, and currently a member of Lagos State Local Government Service Commission), were all present at the event.

Others include HRH Oba Kamila Oyedeji Isiba (Olu Agege), Alhaji Ayo Adesiyan (Chairman, Agege LG CDC), among other stakeholders.  

Below is the breakdown of the Budget:

Revenue:

1. Federal Allocation + VAT/CASH BF = N3,382,973,086.84

2. IGR + State Coordinated IGR = N183,000,000

Total = N3,565,973,086.84

Expenditure:

1. Personnel Cost (Inclusive of Teachers Salary) = N1,220,000,000

2. Overhead/Statutory deduction = N1,493,973,086.84

3. Capital (SSE + NCA) = N852,000,000

Total = N3,565,973,086.84