Orile Agege LCDA Chairman, Hon. JS Babatunde presents ₦4.9B Budget Of Progress

 

.....promises more empowerment for residents

AgegePulse Magazine 

The Executive Chairman of Orile Agege LCDA, Hon Sunday Johnson Babatunde  has presented 2024 Appropriation Bill worth 4,968,150,592 to the Legislative Arm of the Council.

Hon. Johnson Babatunde

At the event which took place at the Legislative Chamber, Hon. Johnson Babatunde stated that the ”Budget of progress” is put together to fulfil the promises of giving the dividends of democracy to the residents of Orile Agege.

He said,” For the year 2024, the LCDA has projected a proposed budget size of ₦4,968,150,592"

"There are various revenue sources accruing to the council within the year. For Federation Allocation, A total sum of ₦1, 826.323,578.77 which amount to 37% of the proposed total Budget size. For the Value Added Tax ,VAT, a total sum of ₦2,972,227,012.93 was proposed.

” On Internally Generated Revenue, 3% of the total budget size has been proposed with a total sum of ₦169.600,000 which is sub-divided into Stated Assisted Tax, Local Council Internally Generated Revenue.”

On the other hand, the Leader of the Legislative Arm, Hon. Wale Fayemi commended the Council Chairman for his commitment and enthusiasm in making the lives of the residents and staffers better.

Fayemi noted that the councillors will continue to support the executive arm but each Departmental Head should be prepared to defend whatever is allotted to the department as previous excuses of non-appearance will not be tolerated.

”Let me assure the Executive Chairman of the commitment of every member of this House to support whatever that will make this government succeed. As a result, we will immediately swing to action and make sure the budget is approved within the shortest time possible.

See ”That Notwithstanding will stop us from deeply scrutinizing the budget and making amends where necessary. Each department Head should be prepared to defend whatever is alloted to the department, as previous excuses of non=appearance will not be tolerated,” He said.

 

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