Ondo State 2017 Budget totalling N170.846 billion budget passed into law.

Lawmakers in Ondo State have passed into law this year budget of N170,846,580 billion after jerking it up by N1 billion.

Governor Oluwarotimi Akeredolu SAN had proposed a budget of N169,720,580 with the aim of improving the living standard of the residents of the state.

Presenting the report on Monday on the floor of the House, the Chairman, Committee on Finance and Appropriation, Mr. Sunday Olajide, said the increase in the budget was to make funds available to meet the pressing needs of some MDAs.

The Speaker of the House, Rt.Hon.David Oloyeloogun, who announced the passage of the budget explained that the Assembly will start oversight function once the governor signs the budget.

Oloyeloogun lamented the effects of economic recession on developmental activities in all sectors of the state.

The Speaker,however urged the MDAs to intensify efforts at generating more revenue for the state.

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