2023 budget to improve well-being of oil producing areas —OSOPADEC

By Precious Oluwole

The Chairman of Ondo State Oil Producing Area Development Commission (OSOPADEC), Mr Sam Erejuwa has exprssed his confidence that if 2023 budget is being approved and passed, it will bring a lot of development to the river-rine area in terms of health, construction of roads, among others.

Erejuwa made this revelation on Thursday at the 2023 budget defense of the commission which was earlier presented by the state government and committed to Committees on OSOPADEC and finance and appropriation few days ago.

According to him, the budget is termed “A budget of Renewed Hope” in line with the “Redeemed Agenda” of Governor Akeredolu, adding that 70% of the budget would be used to fund capital projects.

“We expect speedy passage of the budget, we hope to impact more on the mandate area and to be more responsive to their demands within the available resources in the commission”, he said.

Earlier in his address, the chairman house committee on OSOPADEC, Hon. Abayomi Akinruntan appealed to the team to make sure that they submit whatever is required to fast track the process and pass it into law as soon as possible as the 9th assembly would soon the winding down.

The chairman, house committee on finance and appropriation, Hon. Akintomide Akinrogunde stated that the Commission was established with a major mandate of transforming both the infrastructure and the physical looks of the oil-producing area in the state.

He stressed that the budget would improve the standard of the well being of the river-rine areas.

The Commissioner for economic planning and budget, Pst. Emmanuel Igbasan who was represented by a Director in the ministry, Mr Stephen Aworere, revealed that the ministry serves as a consultant to OSPADEC, regarding the produced documents and is aligned with the national guidelines. He added that the document is also well prepared in a way that should be presented.

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