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Ejigbo LCDA proposes N1.7bn budget for 2018

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Caption: Hon. Monsuru Bello presenting proposed 2018 budget to the Legislative arm.

By Felix Kuyinu

 In a quest to bolster the economic growth and sustain the tempo of development in Ejigbo, the council’s Executive Chairman, Monsuru Bello, has presented the sum of N1,655,993,236.50 for the 2018 budget to the Legislative arm of the government for ratification. 

The proposed budget tagged “Budget of Infrastructural Development and Renewal of hope”, enveloped the 2017 budget by 147,135,280.6 and 47 per cent of it was allotted to capital expenditure which includes road construction, road rehabilitation and maintenance, construction of Primary Schools and drainages, while 53 per cent was allotted to recurrent expenditure.

Bello said that his administration would continue to support any scheme that would improve the welfare of the entire workforce. 

According to him, his administration has already demonstrated in the reintroduction of the suspended revolving loan scheme, promising that the training and retraining of the workforce would continue to be accorded high priority. 

He reiterated his desire to be committed to the welfare of workers. 

The council boss also hinted that his government has invested so much in road construction and maintenance in the last 6 months, alongside commencing the grading of 36 roads and willing  to do more. 

He described the budget as participatory, saying it reflects the needs of communities which were collated during the last stakeholders’ meeting, adding that the 2018 budget process was “designed to achieve the agenda of this administration; hence, it has been very participatory in its development and is therefore realistic and achievable.”

The leader of the House, Hon. Lanre Akinbowale, lauded the Bello-led administration on the implementation of IPSAS standard, saying that the budget was impressive and was expected to make Ejigbo witness unprecedented development, which would result in some landmark projects and programmes when approved.

Akinbowale assured that the House would not lose sight of its functions to ensure accountability, transparency and probity in the implementation of the 2018 budget, which he said would be given attention and expeditious passage.

 

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