The Kosofe Local Government 7th Legislative Council led by its Leader of the House, Hon. Oluloro Idowu today received the Executive Chairman,Barr. Moyosore Adedoyin Ogunlewe at the Council Chamber for the Presentation of the Year 2025 Proposed Budget of ‘Renewed Hope’.
This step marked a commitment to delivering impactful governance and addressing the pressing needs of its residents by the Barr. Moyosore led Administration.
The presentation, graced by key stakeholders was a major step in ensuring that the year 2025 Appropriation Estimate follows the constitutional requisite bestowed on the third Arm of Government which is the Legislature.
In his address, the Executive Chairman, Barr. Moyosore Adedoyin Ogunlewe, emphasized that the budget symbolizes the administration’s dedication to fostering inclusive development. He stated, “This budget is a reflection of our commitment to renewing the hope of Kosofe residents. It prioritizes critical sectors such as education, healthcare, infrastructure, and social welfare to ensure no one is left behind.”
The Council helmsman took stakeholders through the review of Recurrent, Capital and Generated Revenue performance of the year 2024 approved Budget while the Barr. Ogunlewe further enunciated on the Year 2025 Proposed Budget size which is Six Billion Seven Hundred and Thirty Eight Million,Nine Hundred and Twenty Five Million,Six Hundred and Eight Thousand and Twenty Eight Kobo
(#6,738,925,608.28k) with Internal Generated Revenue,Recurrent and Capital Expenditures well channelled to accommodate various sectors provisions .
Hoping for the best from the Legislative Council,this Administration will ensure the 2025 Proposed Budget will cater for Budgeted expenses of the Local Council Area for the fiscal year under review,he emphasized.
In the same vain,the Leader of the House, Hon. Idowu Oluloro, commended the Executive Chairman for the people-centric approach to the Year 2025 budget. He assured stakeholders of the legislature’s cooperation in enacting policies that translate the budget into tangible results. “This budget is a testament to our collective resolve to address the needs of Kosofe residents. We will work collaboratively to achieve sustainable growth and development,” he affirmed.He also said that a thorough assessment will be done to the 2025 Budget Estimate at there upcoming retreat to ensure the interests of the seven political Wards of Kosofe is adequately captured.
The event further reaffirmed the synergy between the Legislative and Executive Arms in delivering on their promises to the people of Kosofe.
Also at the occassion were the
Vice Chairman, Hon. Oluwole Sosanya,the LGA Party Chairman, Hon. Kehinde Bello,the Secretary to the Local Government, Hon. Gbadebo Fatai , other Members of the Executive Council, Management Team led by the Council Manager,Mrs. Mosunmola Otaiku-Okoka, Traditional Rulers,
CDC/CDA Representatives,Religious Leaders,Market Representatives Party faithfuls amongst others.
PUBLIC AFFFAIRS UNIT.
KOSOFE LOCAL GOVERNMENT.
28/11/2024.