By Rachael Olokungboye
AKURE – The Governor of Ondo State, Rotimi Akeredolu, is set to embark on execution of 25 key capital projects across the eighteen local government areas of Ondo state in 2021.
Such projects include rehabilitation and construction of State highways, Establishment of Cancer Treatment Center, renovation of Schools, Establishment and Management of Deep Sea port, scholarship and bursary awards among others.
In a statement, The Commissioner for Economic planning and Budget, Emmanuel Igbasan, said “ in order to ensure that all the laudable projects in the 2021 budget are well funded and delivered to specifications , there classes of revenues have been dustilled out as follows: Federation Account-#57.923Billion ,Independent Revenue/Internally Generated Revenue-#28.778Billion , other Revenue Sources – #88.172Billion.
According to ROVER REPORTERS, Igbasan, flanked by the finance commissioner ,Wale Akinterinwa and information counterpart, Donald Ojogo explained that out of the 2021 budget of #174.873 Billion, #69.915Billion would be expended on capital projects and #79.084Billion would go for recurrent expenditure.
He further stated that “ This Budget is intended to help us realize our collective dreams and aspirations for the state, while working in partnership with the private sector. ”
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