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Adewale Presents N4.58b Budget Proposal For 2014 With Emphasis On Infrastructure Development

L-R: Executive Chairmen, Amuwo Odofin LG & Oriade LCDA, Comrade Ayodele Adewale and Hon. Ibrahim Sanusi presenting the budget proposal to the leaders of the legislative arm of Amuwo Odofin LG & Oriade LCDA, held at Amuwo Odofin LG secretariat.

The Chairman of Amuwo Odofin Local Government Area of Lagos State, southwest Nigeria, Comrade Ayodele Adewale, has presented to a joint house of the legislative councils of   Amuwo Odofin Local Government and Oriade Local Council Development Area (LCDA), a budget proposal of N4.58 billion for the 2014 fiscal year. About 60 percent of the budget proposal will be spent on recurrent expenditure while the remaining will be expended on capital expenditure.

Presenting the budget to the legislative councils, Comrade Adewale stated that, “this sum marks a five percent decrease from last year’s budget, which stood at N5.45 billion. Likewise 40 percent of this year’s revenue goes to Ori-ade LCDA’’
He however, said that the 2014 budget proposal was focused on capital projects and consolidation on the gains already made by his administration.

Giving sectorial highlights of the budget, Comrade Adewale disclosed that provision has been made for infrastructure, health, education, security and environment, amongst others.

Speaking further, the LG boss noted that despite last year’s budget implementation and performance of 89 percent, “a major challenge that readily comes to mind is the retrogressive attitude of some to tax payment particularly, traders at the Trade Fair complex”. He therefore urged the traders as a matter of urgency to pay their accumulated dues.

Comrade Adewale during a media chat after the presentation of the budget sought for a judicial presence in the local government, where issues relating to environmental defaulters would be addressed.

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