The Governor of the State of Osun, Ogbeni Rauf Aregbesola has budgeted a whopping N18,645,514,610 to run his office in 20
This was disclosed by Mr Gboyega Oyetola, the Chief of Staff t to the governor today in Osogbo, the Osun State capital while defending the budget of the Governor’s Office before the House Committee on Finance and Appropriation.
He said, ‘’N6,925,000,000 is for recurrent expenditure and its capital expenditure is proposed at the sum of N11,720,514,610.
‘’The budget size for the year represents a 36.13 per cent reduction in the size of the budget for year 2014,’’ Oyetola explained.
He said the Office of the Governor proposed to raise N3,025,000,000 as revenue through tender fees, registration of contractors, capital receipts and from other sources.
According to Oyetola, N1,159,000,000 is expected to be expended on salaries, allowances and other remuneration of career officers and political office holders in the Office of the Governor.
The sum of N3,775,000,000 is expected to be spent on general administration of bureaus and agencies in the Office of the Governor, as part of overhead costs.
The payment of salaries to the Governor, the Deputy Governor, Judges, the State Independent Electoral Commission and others would gulp N2billion.
According to reports, N11,720,514,610 was proposed to cater for the execution and implementation of projects and programmes of agencies and bureaus in the Office of the Governor.
