• 30 Jun 2022 8:02 pm

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IKORODU LG COUNCIL BOSS, HON WASIU ADESINA PRESENTS YEAR 2022 BUDGET (N1,949,065,849.80) TO LEGISLATIVE ARM ®™√ INN Nigeria ©

To further generate more enhanced growth and development to Ikorodu local government, the Executive Chairman of the council, Hon Wasiu Adesina presented its 2022 budget to the legislative arm of his leadership on the 10th of February at the secretariat.
Labelled ‘Budget Of New Beginning’, the reserve is deposited towards accomplishing unique structures, adequate planning and enactment of its corporal programs for Ikorodu local government.
The 2022 budget received by Leader of the House, Hon. Adebowale Adebola is enunciated to improve Education, Infrastructural development, road rehabilitation, Youth activity Centre, staff salaries amongst other social service expenditures, ascertained to steer and police the administration in attaining successful models.
With the expectation to obtain a total of N420,147,459.55 as Federal Statutory Allocation for the year, the council boss in his remarks noted that the Value Added Tax (VAT) is foreseen to be N1,232,862,162.18, casted Internally Generated Revenue (IGR) at N105,000,000; State Coordinated Revenue is bulged to be N25,000,000 with a loan of N170,056,228.07 respectively
The chairman continued, “On expenses, personnel cost for staff is put at N384,594,402.50; personnel cost (Teachers salary) is put at N395,127,475.81, while statutory rebates stand at N116, 259, 474.15. Overhead got N485,050,524.03; Social Services Projection is put at N14,000,000, while Non-Current Asset is put at N554,033,973.31”
“After much review and deliberations upon expenditures of the council, the total of One Billion, Nine Hundred and Forty-Nine Million, Sixty Five Thousand Eight Hundred and Forty-Nine Naira, Eighty kobos (N1,949,065,849.80) was hereby concluded for passage into Law”
“We appreciate all our political leaders and ranking members, community leaders, market leaders, corporate associates, ethnic supporters, management and staff for their support over the years despite the pandemic period experienced throughout the country which resulted to the decline in our economy”
“Ikorodu local government, known for its consensus and simmer acknowledgment will proceed to be respected as one formidable family, as we ally together to fulfil greater goals through our uniform cooperation on unflinching aid, fervent devotions and exhibition of love” Wasiu Adesina strengthened
The leader of the house (Hon Adebola Adebowale) in his response praised the favourable function, endurance, benevolence and achievements of the Chairman since returning to the office and guaranteed him legislative backings
“The Proposed Budget for 2022 Indexed ‘Budget of New Beginning’ will realise a new phase of infrastructural development, massive dividends of democracy in our dear Local Government”
“Our responsibilities as representatives of the good people of Ikorodu local government and as legislators shall remain resolute and Optimistic in critically glancing into the budget, debate on it, and amend the budget to ensure no part in the governance of the Local Government is left out uncovered. We shall continue performing our best to ensure our people reap the premia of democracy”
“On behalf of 6th Legislative House Ikorodu local government, We appreciate our Amiable, meticulous and a Visionary Chairman, Hon Wasiu Adesina and his executive members for their wakefulness and allegiances in making sure lkorodu is great” Hon Adebowale Adebola asserted
Other guests in attendance at the budget presentation includes; Aarebirin Hon. Princess Folashade Olabanji- Oba (Vice-Chairman Ikorodu LG), Former Deputy Governor of Lagos State and member of the Governor Advisory Council (GAC), His Excellency Prince Abiodun Ogunleye, Elder Statesman and member of the Government Advisory Council (GAC) Asiwaju Olorunfunmi Bashorun Fmr. Lagos East Senatorial District, Sen. Gafaar, Mrs Abolanle Adesina (wife Of the Executive Chairman), APC political leaders, fmr. HOS LGSC and immediate past chairman, Ikorodu division resource development group (IDRDG), Basorun Babatunde Rotinwa, Royal fathers led by Baale Ojogbe Chief Olukayode Olomo, CM Engr. Martin’s Odupitan, CT Mr Ademola Alli-Balogun, and all HOD/HOU, market, Iya Oja Alh. Taofeekat Allinson, CDC Chairman Alh. Lukeman Shonibare, ward chairmen, business associates, Artisan chairman, ethnic reps, community members, and council workers

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