Close Menu
  • Home
  • News
  • Sport
  • Politics
  • Column
  • Business
  • Entertainment
    • Photos
    • Fashion
    • Movies
    • Music
    • Life & Style
      • Crime
      • R&D Health
      • Diet and Fitness
      • Intimacy
  • Videos
  • About Us
    • Contact Us
Facebook X (Twitter) Instagram
Trending
  • PDP caucus hints of Adeleke’s defection amid Davido’s suggestive song + Video
  • Swiatek overpowers Anisimova to win maiden Wimbledon crown
  • After Wike’s comments, Anglican Church bans politicians from podium
  • Lagos LG election: Again, Fashola absent at polling unit 
  • Octogenarian, physically challenged voter defy odds to cast ballots in Lagos LG poll
  • SGF clears air on appointment of Odunuga as SA
  • Why PDP can’t defeat APC in Lagos —Jandor
  • Gbajabiamila welcomes opposition coalition
Facebook X (Twitter) Instagram
The Eagle OnlineThe Eagle Online
Banner
  • Home
  • News

    After Wike’s comments, Anglican Church bans politicians from podium

    July 12, 2025

    Lagos LG election: Again, Fashola absent at polling unit 

    July 12, 2025

    SGF clears air on appointment of Odunuga as SA

    July 12, 2025

    OAU Law Students Society holds internal conference on law, career

    July 12, 2025

    Lakurawa bandits kill three police officers in Kebbi 

    July 12, 2025
  • Sport

    Swiatek overpowers Anisimova to win maiden Wimbledon crown

    July 13, 2025

    Pre-Season: Organisers confirm FC Kallon, five others for EIC

    July 12, 2025

    Sinner sends Djokovic packing with ruthless semi-final display

    July 12, 2025

    Musa pledges revival as he unveils plans for Kano Pillars

    July 11, 2025

    WAFCON: Super Falcons edge Botswana in tough encounter

    July 11, 2025
  • Politics

    PDP caucus hints of Adeleke’s defection amid Davido’s suggestive song + Video

    July 13, 2025

    Octogenarian, physically challenged voter defy odds to cast ballots in Lagos LG poll

    July 12, 2025

    Why PDP can’t defeat APC in Lagos —Jandor

    July 12, 2025

    Gbajabiamila welcomes opposition coalition

    July 12, 2025

    LG poll: APC not responsible for parties’ failure to field candidates in Lagos -Chieftain

    July 12, 2025
  • Column

    Intimate Affairs: Four marital sins, by Funke Egbemode

    July 12, 2025

    Tinubu’s defence of his critics’ freedom of expression, by Owaikhena Osikhekha

    July 11, 2025

    Boss Mustapha’s full lecture at Garba Shehu’s book launch

    July 11, 2025

    BAT rejects Trump’s amazing offer, by Tunde Odesola

    July 11, 2025

    Ortom should set standard of telling the truth always, by Isaac Uzaan

    July 10, 2025
  • Business

    Renaissance CEO seeks PIA review, applauds regulatory progress

    July 11, 2025

    Reforms: How Nigeria, Kenya are rewriting Africa’s procurement ‘playbook’, by Sufuyan Ojeifo

    July 11, 2025

    Lagos unveils investment deal book, bold vision for a 21st century economy

    July 10, 2025

    AEF warns against CBN’s new BDC policy, cites threat to Northern economy, national security

    July 10, 2025

    Host community trusts receive N97b, $149m development fund – NUPRC

    July 10, 2025
  • Entertainment
    1. Photos
    2. Fashion
    3. Movies
    4. Music
    5. Life & Style
      • Crime
      • R&D Health
      • Diet and Fitness
      • Intimacy
    Featured

    Beautiful Fire: A Poet’s protest against poor governance, by Michael Olatunbosun

    By Olatunbosun MichaelJuly 10, 2025 Life and Style 5 Mins Read
    Recent

    Beautiful Fire: A Poet’s protest against poor governance, by Michael Olatunbosun

    July 10, 2025

    Sir George Okei @ 80: Celebrating one of the moulders of Edo, Delta, by Jerome-Mario Utomi 

    July 5, 2025

    President Tinubu celebrates Olubadan of Ibadan at 90

    July 4, 2025
  • Videos

    Video: 2027: Alliance to have Atiku as president for one term, Obi as VP, to then run for presidency in 2031

    April 12, 2025

    APC Crisis: Why Tinubu demanded for Sanwo-Olu’s resignation

    April 10, 2025

    How Driver Of Gas-Bearing Truck Brought Misery To Many Under Otedola Bridge – Dotun Oladipo

    March 15, 2025

    Korra Obidi calls out ex-husband for failing to pay child support

    December 7, 2023

    2024 will be year of turbulence -Apostle Selman

    December 7, 2023
  • About Us
    • Contact Us
The Eagle OnlineThe Eagle Online
Home»Business»Osun budget implementable – Government
Business

Osun budget implementable – Government

Segun AdebowaleBy Segun AdebowaleJanuary 20, 2015No Comments
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Governor Rauf Aregbesola
Share
Facebook Twitter LinkedIn Pinterest Email
The Osun State Government on Tuesday maintained that its 2015 budget was implementable, despite the dwindling resources of the state.
Segun Olorunsogo, the Permanent Secretary, Budget and Economic Planning, said this while giving an overview of the 2015 budget estimates before the Joint House of Assembly Committees on Finance and Appropriation and Public Accounts.
The budget estimates for the year stand at N197,082,191,560, with N110,424,299,010 representing 56.03 per cent, as capital expenditure, and N86,657,892,550, representing 43.97 per cent, as recurrent expenditure.
Olorunsogo said the government would focus on Internally Generated Revenue from the informal sector, which had not been utilised before, apart from revenue from the formal sector, to drive the budget.
He said: “In order to ensure a high level of implementation and performance of the proposed 2015 budget, the actions that will be taken include non-reliance on the revenue from the federation account, due to the unpredictable developments in the international oil market, and the consistent decline in the price of crude oil.
“Renewed aggressiveness in the collection of IGR, especially the revenue collectable from the Ministries, Departments and Agencies of government, as well as the informal sector of the economy, will be used to drive the implementation of the budget.
“We intend to reduce the use of cashiers for revenue collection, while embracing the use of e-payment of revenue charges, which will go a long way in blocking revenue leakages, thus improving revenue generation.
“We will also ensure effective collection of existing taxes and rates, without necessarily increasing or introducing new rates that will bring hardship on the people.”
The Officer-in-Charge of Osun State Internal Revenue Service, Dayo Oyebanji, also informed the House that the service is deploying Point of Sales machines to collect revenue, with a view to blocking leakages in revenue collection in the state.
In his response, Hon. Najeem Salaam, the Speaker of the House, urged the officials of government to be aggressive in generating revenue.
Salaam cautioned that unnecessary hardship should not be brought on the people in the name of boosting internally generated revenue.
He urged officials to work hard in ensuring that what is put on paper becomes a reality, with a view to renewing the hope of the people of the state.
Hon. Kamil Oyedele, the Chairman of the House Committee on Finance and Appropriation, who described the 2015 budget estimates as peculiar, said the House would ensure effective monitoring of the performance of the MDAs.
Part of the plan, Oyedele said, would be to call each of the MDAs to a public hearing to address the people of the state on their performance, especially in the area of revenue generation.
Post Views: 114

Follow The Eagle Online Channel on WhatsApp

Ogbeni Rauf Aregbesola Osun State Government
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticleBuhari advert: PDP’s response casual, off-handed – APC campaign
Next Article Budget 2015: FG has no plans to review oil benchmark – Okonjo-Iweala
Segun Adebowale

Related Posts

Renaissance CEO seeks PIA review, applauds regulatory progress

July 11, 2025

Reforms: How Nigeria, Kenya are rewriting Africa’s procurement ‘playbook’, by Sufuyan Ojeifo

July 11, 2025

Lagos unveils investment deal book, bold vision for a 21st century economy

July 10, 2025
Dangote Ad
© 2025 All Rights Reserved. The Eagle Online.
  • Home
  • Privacy Policy
  • Advert Rates
  • Submit News
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.