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IKOSI-ISHERI LCDA: Executive Chairman, Princess Samiat Abolanle Bada Presents Year 2020 Budget Proposal Of N2.377B To The Legislative Arm Of The Local Government.

The Presentation.

The Executive Chairman of Ikosi-Isheri Local Council Development Area in Lagos State, Princess Samiat Abolanle Bada, on Thursday, the 28th of May, 2020, presented the council's year 2020 budget proposal of N2.376,775,389,86 to the council’s Legislative Arm.

During the brief presentation ceremony of the budget proposal at the council's legislative chamber, Princess Bada said the proposed budget christened budget of "Consolidation On Participatory Planning Process In Achieving Economic Development" is a product of a wide range of opinions of stakeholders at the grassroot and is focused on the exact needs of the people. She added that the expenditure pattern of the budget is tailored in such a way that it will fast track the realization of the noble objectives of her administration.

Giving the breakdown of the budget, the Mayoress as she is fondly called said the proposed 2020 budget is expected to be a balanced budget with the expected total revenue of the council put at N2.376.775.389.86 and the total expenditure put at N2.376.775.389.86.

Princess Bada submitted further that the expected statutory allocation accruable to the council in 2020, is N2.267.824.154.20 while the expected internally generated revenue is put at 107,900,000,00.

On the expenditure side, she said the council is expected to spend N405,926,368,53
on local government staff salary and N512,400,000,00 on primary schools teachers' salary.
According to the contents of the budget proposal, she explained that overhead (operating expenses will gulp N611,400,000,00, social services expenditure will gulp N138,000,000,00 and Non-Current Assets will gulp N527,551,243,16.

On sectorial allocations,, infrastructural assets will gulp N110,000,000,00,Works, Housing and Infrastructure is allocated 27,200,000,00. Agriculture, Rural and Social Development N97,000,000,00, Women Affairs and Poverty Alleviation N34,000000,00, Education-N30,000,000,00, Environmental, Sanitation and Waste Management N7,500,000,00 and Primary Health Care N24,700,000,00.

The Executive Chairman assured the people that her administration would focus on rehabilitation of roads across the seven wards of the council, noting that five roads have already been rehabilitated within 100 days in office of her administration. She also promised that special focus will be given to development of primary education and effort will be geared towards improving the standard of primary health care services to the people, not leaving out provision of improved environmental and waste management services.

Princess Bada added that her administration's policy thrust of empowering the aged and widows initiative will be sustained, with special attention given to youth development.

She reiterated her administration's determination to complete the ongoing multi million naira ultra modern office complex located at the council secretariat in fulfillment of the desire of her predecessor, late Engr. Abdul Fatai Oyesanya who started the project.

The council helmsman expressed her profound gratitude to members of the legislative arm for their cherished cooperation which in no small measure has translated to better service delivery for the people of the council. She appealed to them to continue in that direction by giving speedy attention and approval to the proposed budget.

In his response after receiving copies of the budget proposal, the Leader of the Legislative Arm, Hon Akanni Ajibola Usman commended the Mayoress for rendering selfless service to the people of Ikosi-Isheri since her assumption of office late January. He specifically commended her for the provision of various palliatives to the people during the ongoing coronavirus pandemic lockdown.

While urging her to intensify efforts to do more for the people, he assured her that he and his colleagues would critically examine the submitted budget proposal and do everything within their power to give it a speedy approval in the overall interest of the people.

The budget presentation ceremony was  devoid of the usual jamboree associated with it because of the social distancing rules but was witnessed by few people including the Vice Chairman of the council, Alhaji Mukail Adisa, the Secretary to the Local Government, Engr. Dolapo Bashir, Supervisors, the Council Manager, Prince Olujobi Sunday Adegbola and management staff.

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