Ondo State Governor, Hon Lucky Aiyedatiwa has signed the 2024 supplementary budget into law.
The supplementary budget of N96,788,100,000 as approved by the State House of Assembly was signed into law by the Governor at the Executive Council Chambers of the Governor’s Office.
This brings the total budget for 2024 to a total of N492, 045, 100, 000 (Four Hundred And Ninety-Two Billion, Forty-Five Million, One Hundred Thousand Naira) with N246, 727, 852, 786 as recurrent expenditure while N245, 317, 247, 214 was budgeted for capital expenditure.
The supplementary budget captures the payment of the new minimum wage of N73, 000 recently approved for workers by the Governor, as well as the salaries of newly recruited workers across various sectors.
Governor Aiyedatiwa said the supplementary budget reflects the determination of his administration to cater for the welfare of workers and the overall development of the state.
The governor also signed into law the Bill providing for the expansion of the board of the Ondo State Oil Producing Areas Development Commission (OSOPADEC), saying the new law will ensure inclusivity and better equitable representation from the mandate areas.
