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Wednesday, February 6, 2013

GOVERNOR Olusegun Mimiko signs N152bn 2013 Appropriation Bill

GOVERNOR Olusegun Mimiko of Ondo State, yesterday, signed into law the year 2013 appropriation bill of N152billion, assuring that all programmes and projects initiated for the desired transformation of the state, would be pursued to a logical conclusion.
At the signing ceremony Mimiko said, “the Budget which I have just signed into Law has a provision of N152billion
“It is broken into N73, 586,556,000.00 for recurrent expenditure and N78, 913,444,000.00 for capital expenditure.

“It was my great pleasure to sign the 2013 Appropriation Bill into Law.
Incidentally, the budget just signed into Law today, is the last to be prepared during the first term of my administration, and will consequently be implemented in the first year of my second term.
The governor thanked God “for granting our  prayers for the transformation of the state in the last four years, as demonstrated in the life changing initiatives and projects dotting the entire landscape of the state.”
Mimiko commended members of the  State House of Assembly, who postponed their recess to fast track the consideration of the 2013 budget proposal.
The governor said “while it is good to start the re-engineering process for further transformation of the state, it is, however, more important to ensure that all programmes and projects initiated for the desired transformation are pursued to a logical conclusion.”

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