Home Business Money Ondo gov seeks 23.29% Increase In 2024 Budget To N487b To Accommodate New Minimum Wage, Others
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Ondo gov seeks 23.29% Increase In 2024 Budget To N487b To Accommodate New Minimum Wage, Others

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The Ondo State Governor, Mr Lucky Aiyedatiwa has requested the raise of its 2024 budget by N92 billion , about 23.29% to cushion the effects of economic hardship and implement the new minimum wage for its workers.

Aiyedatiwa, who wrote to the state House of Assembly, asked for amendment and increase of the 2024 Budget from N395 billion to N487 billion.

The letter accompanying the bill for the amendment of the budget was read by the Clerk of the House of Assembly, Mr Benjamin Jaiyeola.

A motion for the amendment of the budget was subsequently moved by the House Majority Leader, Mr Oluwole Ogunmolasuyi, (Owo 1-APC) and was seconded by Mr Olatunji Oshati, (Ose- APC).

Ogunmolasuyi said the bill for amendment if it  sails through would address the effects of the fuel subsidy removal and afford the government to implement the N73,000 minimum wage for its workers.

Oshati, who seconded the motion, also moved the motion to commit the bill to the  Appropriation Committee, saying that the bill would address many things in the state.

He added that the bill if passed into law would allow government to implement its programmes and policies in line with current economic realities.

Also speaking, Mr Stephen Abitogun, (Akure South 2-APC), urged his colleagues to allow the bill sail through in order to cater for the needs of people of the state.

Similarly, Mr Olatunji Fabiyi, (Odigbo- APC), said that without the amendment, there would be no way that civil servants, who are the engine room of government in the state, could enjoy the minimum wage promised by the governor.

The Speaker, Chief Olamide Oladiji, said that without the bill being passed, there would be slow pace of implementation of government’s policies and programmes.

“This bill is very important for the state because of the current economic indices and without it, implementation of minimum wage will not be realistic.

“This is our own little way to support the administration of Hon. Lucky Aiyedatiwa.

“I, therefore, order the bill to be passed to the Finance and Appropriation Committee for proper and thorough screening and be submitted to the plenary,”he said.

The sitting of the House of Assembly was later adjourned to Wednesday.

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