...To focus on Infrastructure, Empowerment, Education, others
Agege Pulse Magazine
There was renewed hope and optimism yesterday when the Executive Chairman of Agege Local Government Area, Alhaji Ganiyu Kola Egunjobi presented N2.33bn budget of the 2018 fiscal year to the council's Legislative Arm.
The budget, tagged, "Budget of Sustainable Social, Economic and Infrastructural Development", AgegePulse learnt N633m is proposed for capital expenditure while N1.7bn was for recurrent.
Agege Pulse also learnt that the proposed budget is about N150m higher than that of 2017. Egunjobi, while speaking, asserted that his administration was determined to walk its talk by making the budget highlights a reality.
Also, in a remark, Leader of the House, Hon. Muyideen Kola Anigbajumo promised that the House will expedite action on passage of the budget adding that the legislatures would monitor the implementation of the budget to almost 100 percent performance.
Below is the Breakdown of the Proposed 2018 Fiscal Budget
On Capital:
#Works, Housing & Infrastructure get, N552,137,063 with 87.2%,
#Health, N32,000,000 with 5.054%
#Environmental Services & Waste Management N12,000,000 with 1.9%
#Women Affairs & Poverty Alleviation WAPA N15,000,000 with 2.4%
#Agric and Social Development N8,000,000 with 1.3%
#Education N7,000,000 with 1.1%
#Planning & Budget N5,000,000 with 0.8%
#Commerce, Finance, Supply & Cooperation N1,000,000
Total = N633,137,063
#Recurrent: (Overhead & Personnel Salaries) N1.7Billion
Grand total = N2,335,468,749.8
