OGUNLEWE PRESENTS ALL INCLUSIVE BUDGET OF #3.82b FOR KOSOFE LG....... Cheers as Budget of infrastructural development was unveiled...




OGUNLEWE PRESENTS ALL INCLUSIVE BUDGET  OF #3.82b FOR KOSOFE LG
....... Cheers as Budget of infrastructural development was unveiled... 
•#1b for IGR. 
•#1.23b statutory allocation from Federation Account
•VAT gulps #2.08b.
"The year 2023 Budget is tagged, 'infrastructural development" which implies that this administration is more committed to implementing projects and programmes that will have meaningful impact on the lives of the populace in such a way that individual, neighbourhood and Community would be provided with necessary facilities, infrastructures and conducive  environment that will make them utilize their full potentials and capabilities"
This  remarks by the Executive Chairman, Kosofe local Government, Hon. Moyosore Ogunlewe opened the event marking the year 2023 fiscal presentation. 
Speaking further, he lauded the legislative arm of the Council for their untiring efforts and uncommon support given to the Executive arm, He appreciated the good work undertaken by the staff without forgotten the Party  leader and the chairman including CDC , CDA and all the NGOs. 
As a prelude to the  official presentation, the Executive Chairman reiterated the good performances of year 2022 budget, where he said the council was able to accomplish an unprecedented  result like purchasing of four revenue buses, dispatch motorcycles, reconstruction of 11 road projects with drainages, construction of the customary court remodelling of Executive Chairman Office among others numerous achievements. 
Barrister Moyosore Ogunlewe eventually unveiled the year 2023 budget which was based on revenue projection at #3, 828,702, 174 (three billion, eight hundred and twenty eight million, seven hundred and two thousand, one hundred and seventy four kobo as a projection for the financial year. The breakdown of projected budget according to the Chairman was internal Generated Revenue (IGR) #122, 644,204.00, 
State Co-ordinated  #100,000 000. Statutory allocation from federation account       #1, 232, 392,989.43, #300, 000,000 from other grants (state) with VAT gulping #2, 083,664981.21
Declaring the session opened earlier, The leader of the house Hon idowu Oluloro thanked the  Executive Chairman and other members of Exco for their excellent job 
In his acceptance Speech, oluloro said by the power conferred on him as leader of the legislative arm, he and his colleagues would passed the budget. He used the occasion to to appeal  for meticulous implementation of the budget. 
The occasion attracted all the Exco members, management, party chairman, Alhaji Kehinde Bello and other dignitaries.

Comrade Taiwo Fadipe
Chief Press Secretary to the Executive Chairman, Kosofe Local Government.

21st January, 2023.

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