Akeredolu approves N170.8bn as Ondo’s State budget

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  • Threatens to sack any civil servants caught pilfering State’s public fund

The Ondo state governor, Rotimi Akeredolu on Tuesday approved the N170.8 billion budget passed by the state House of Assembly.

Components of the budget are: debt servicing, N8.127 billion; Statutory transfer N8.374 billion; Recurrent expenditure N95.159 billion; and Capital expenditure N59.187 billion.

Even as the governor threatened to sack any civil servant caught pilfering the state’s resources.

Mr. Akeredolu, who gave the warning during the budget-signing ceremony in his office, said he would set traps for corrupt civil servants as a way of ridding the service of corrupt persons.

The governor said corruption had eaten deep as a canker worm into every sector and system in the country.

He said he would not mind if the sacked corrupt officer would dare to take the state government to court.

Mr. Akeredolu also said his administration would devise means of blocking the loopholes exploited by unscrupulous elements to deny the state of deserved revenue.

He further noted that his administration would expand the tax base in order to fund the budget, adding that a bill on revenue generation would be forwarded to the House of Assembly before the end of next week.

He however described the lopsided budgetary allocation in favour of recurrent expenditure as pathetic, saying it amounted to “we eating out future now.”

According to him, his government would take steps to address the imbalance.

“Our administration had tried to reduce the embarrassing imbalance between recurrent and capital expenditure,” he said.

“Our citizens who are not employed in the formal sector must feel the impact of governance positively.”

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