2020 Budget: Ogun reduces budget by 38 per cent, proposes N280b

Arising from the global COVID-19 pandemic with its attendant socio-economic impact on the national economies and its effects on human lives, the Ogun State government has revised its 2020 budget to N280B, to reflect the prevailing economic realities.

The step, according to Okubadejo was in line with the Federal Government’s resolve to also slash it’s budget and revenue projections in line with new economic realities and shortfall in oil prices in the global market. He assured of more financial management reforms by the State Government to boost revenue drive, stating that the State would strengthen its revenue enforcement team to ensure strict tax compliance and leverage on ICT as well as ensure the sustainability of digital security measures to checkmate revenue leakages.

The action, according to Assembly was based on the earlier engagements with the State Commissioner for Finance on the rationale behind the proposed reduction in the 2020 budget.Ogun Monarch petitions police over activities of land grabbers, abduction of domestic staff

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