Oyebanji signs N159.5bn Ekiti budget, promises to implement prosperity agenda

The Ekiti State Governor, Biodun Oyebanji, on Wednesday signed the 2024 appropriation Bill into law.

He assured Ekiti indigenes and residents that his administration was prepared to implement the budget for the realisation of his administration’s shared prosperity agenda.

The 2024 Appropriation, Christened “Budget of Sustainable Growth and Development,” was presented to the Governor by the speaker of the Ekiti State House of Assembly, Adeoye Aribasoye, and other principal officers at the Exco Chamber of the Governor’s Office, Ado Ekiti.

The 2024 Budget estimate is N159,572,481,915.51, out of which 56% is appropriated for Recurrent Expenditure and 44% for Capital Expenditure.

While signing the budget, Oyebanji the budget is expected to stimulate economic activities, create job opportunities, and enhance the overall socio-economic landscape of the state as well as assist his government to deliver on its campaign promises and fulfill its obligation to the people.

He added, “I am so impressed with the quality of debate and scrutiny put in place by the members of the House of Assembly.

“Mr. Speaker, I have listened to you on the need to be committed to implementing this budget, in partnership with the House of Assembly through your oversight, we will ensure that we implement this budget to the letter because the only way we can actually incentivize our people and deliver on our promise is to implement the budget.”

Earlier in his remarks, the Speaker of the Ekiti State House of Assembly, Aribasoye, said after the House had painstakingly deliberated and scrutinized the budget, it realized that the budget aligns with the priorities of the people.

Aribasoye maintained that the House of Assembly would continue to collaborate with the Executive arm of government for the overall interest and development of the State.

The budget signing was also witnessed by the Deputy Governor, Chief (Monisade Afuye),  members of the state House of Assembly, and the state executive council.