Kolade Alabi Arrives Bariga Legislative Arm, Presents Budget tagged ...(Details)

BARIGA LCDA UPDATE

 BARIGA LCDA CHAIRMAN PRESENTED N 2.8 BILLION  BUDGET TO THE COUNCIL LEGISLATORS.

The Chairman of Bariga LCDA, Hon Kolade Alabi on Thursday presented The sum of N2,891,129,078.75 (Two Billion, Eight Hundred and Ninety One Million, One Hundred And Twenty Nine Thousand And Seventy Eight Naira, Seventy Five  kobo) only for the 2019 Appropriation Bill to the council legislators , he was welcomed by the leader Hon Tope Okanlawon and other legislators.

The budget with a capital expenditure of N928,982,085.89 million and the recurrent expenditure is N 1,962,146,992.86 million

The year 2019 Budget is tagged ‘Budget of Consolidation ’  which implies that this administration is more committed to implementing projects and programmes that will have meaningful impact on the life of the populace in such a way that individual, neighborhood and community will be provided with necessary facilities; infrastructure and conducive environment that will make them utilize their full potentials and capabilities with the removal of any form of hindrances to individual economic development as hope will be kept alive among the populace.
                                                                       
A total sum of N 928,982,085.89 has been earmarked for Capital Expenditure during this current year and this fund will be judiciously used to benefit the masses in the provision of infrastructure and conducive environment for business to strive. Similarly for the next financial year, a recurrent expenditure of N 1,962,146,992.86 million was submitted for approval, to cater for personnel cost (Staff Salary), personnel cost (Teacher's Salary), Overhead Cost, Statutory Deductions etc.

Some roads have been earmarked for construction and  boreholes will be sunk in each wards , and Completion of all ongoing projects will be given priority






 Tunde Akere
Chief Press Secretary
Bariga LCDA

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