The 2024 proposed budget surpasses the 2023 budget of four hundred and seventy two point two five zero billion naira by two hundred and thirty point seven eight billion naira.
In the present budget, infrastructure gulped two hundred and nine million one hundred and twenty two point six billion naira, representing thirty per cent of the appropriation.
The appropriation bill was laid before the state House of Assembly presided over by the Speaker, Olakunle Oluomo, at the Assembly complex in Abeokuta.
Christened as ‘Budget of sustained growth and development’, ABIODUN said the budget will be funded with Internally Generated Revenue, IGR, estimated at one hundred point eight one billion naira and statutory allocation from Federal Government estimated at one hundred and eight two point five billion naira, among others.
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