The Executive Chairman, Ijebu Ode Local Government, Alhaji Babatunde Emilola GAZAL has presented year 2022 Budget Estimate to the Legislative Council, tagged "Budget of Rebuilding".

The Council Boss, appreciates the Almighty Allah for His grace to witness the event.  As you all aware, this is the first Budget to be presented to the Legislative Council since assumption of office on  26th July, 2021.

He, therefore said the budget is aim at solving numerous socio-economic problems available in the Local Government and to improve the living standards of the good people of Ijebu Ode Lg.

He, appreciated the support and encouragement of Alayeluwa, Oba Dr. Sikiru Kayode Adetona, Awujale and Paramount Ruler of Ijebu Land, Council of Baales, notable Leaders of the ruling party, APC, Markets men and women, Religious Leaders and the entire workforce of the Local Government.

Furthermore, Alhaji Emilola GAZAL, made a review of the year 2021 Budget, which had been approved by the Caretaker Committee before He assumed office as the Executive Chairman on 26th July,2021.

According to Him, the total sum of Three Billion, Six Hundred and Forty-two Million, Seven Hundred and Seventy Six Thousand, Eight Hundered Naira (N3,642,776,800:00) was proposed and approved to take care of all forms of recurrent and capital expenditure for the year.  It was to be finaced by the Internally Generated Revenue (IGR) and Statutory Allocation from the Federation Accounts.

However, out of the expected Eighty Million, Eight Hundered and Eighty-one Thousand Naira(N80,881,000:00) as Internally Generated Revenue (IGR), only a sum of Fifty Million, Six Hundred and Ninety-six Thousand Naira, Four Hundred and Eighty-six Naira, Sixty-five Kobo(N50,696,486:65), which represents 63% of IGR was realized, while a sum of Two Billion,Four Hundred and Twenty-Nine Million, Nine Hundered and Sixty four Thousand, Seven Hundered and Forty-three Naira, Fourteen Kobo ( N2,429,964,743:14), representing 86% of Statutory Allocation estimated from the Federal Account. Also, N18,000,000:00 was received from the State Account. 

This brings the total revenue for the period to Two Billion, Four Hundered and Ninety-eight Million, Six Hundred and Sixty-one Thousand, Two Hundered and Twenty-Nine Naira, Seventy-nine Kobo (N2,498,661,229:79).

In specific terms, from the sum of N3,642,776,800:00 estmated as revenue in 2021, a total sum of N2,498,661,229:29 was realised as Revenue as at December,2021. This shows 69% overall performance.  

 " The analysis shows that Local Government relies mostly and heavily on Statutory Allocation with the 98%  contribution to the revenue of the council, the IGR merely contributed 2%", said Alhaji Emilola.

He, therefore promised to evolve new and pragmatic approach with a view to generate more funds internally to meet the increasing demands of his people, as monthly share of the Local Government from the Federal Account has remained highly inadequate. He therefore concluded that the concerted efforts would be made in the year to open and exploit new avenues to generate revenue. 

The Council Boss, highlights some of the major projects executed since assumption of office.

 They were;

Installation and Energization of already procured 500 KVA Transformer at Jaginrin, Ijebu Ode,

Construction of Health Centre at Sabo/Molode Community, Ijebu Ode.

Renovation of 21 Lock-up shops in Ibadan Garage, Ijebu Ode.

Palliative maintenance of road at Adeola Odutola, Olisa roundabout.

Palliative maintenance of road at Olode Olisa roundabout.

Palliative  maintenance of road at Omo-owo road and it's environs.

Oke-Aje and Oke Suna street, clearing of roads for easy passage of vehicles.

 *Year 2022 Appropriation Bill;* 

The Executive Chairman, Ijebu Ode Local Government, Alhaji Babatunde Emilola GAZAL proceeded by making a presentation of (N3,878,088,300:00) Three Billion, Eight Hundred and Seventy-eight Million, Eighty-eight Thousand, Three Hundred Naira for year 2022 as against the sum of Three Billion, Six Hundered and Forty-two Million, Seven Hundred and Seventy-six Thousand, Eight Hundred Naira (N3,642,776,800:00) budgeted last year, which shows a slight increase of 6% due to promotion arrears of both Teachers and Local Government Staff to be effected in 2022.

The sum of Ninety-five Million, Five Hundered and Seven Thousand Naira (N95,507,000:00) is to be generated from internal sources, while a total sum of Three Billion, Seven Hundred and Eighty-two Million, Five Hundred and Eighty-one Thousand, Three Hundred Naira (N3,782,581,300:00) is expected from the Federation Accounts and other sources.

Correspondingly,  the sum of Three Billion, Eight Hundred and Seventy-eight Million, Eighty-eight Thousand, Three Hundred Naira (N3,878,088,300:00) is proposed as expenditure in the current fiscal year. Out of this, the sum of Three Billion, Five Hundred and Seventy-six Million, Four Hundred Thirty- two Thousand, Three Hundred Naira was earmarked (N3,576,432,300:00) for Recurrent Expenditure.

 This is further divided into One Billion, Twenty-Nine Million, Three Hundred and Sixty-seven Million, One Hundred and Thirty-one Thousand Naira (N1,029,301,300:00) for personnel cost.

Overhead costs; Three Hundred and Sixty-seven Million, One Hundred and Thirty-one Thousand Naira (N367,131,000:00).

Consolidated Revenue Fund Charges( consisting of primary school Teachers Salaries/Pensions, Local Government Staff Salaries/Pensions, Funding of Traditional Council and other Statutory Funds), Two Billion, One Hundred and Eighty Million Naira (N2,180,000,000:00) and Three Hundred and One Million, Six Hundred and Fifty-six Thousand Naira (N301,656,000:00) is proposed as Capital Expenditure.

In this regard, the present administration has taken the challenge, head-long, by reviewing all the processes and procedures relating to revenue generation.

" we have made series of engagement through the setting up of revenue generation committee that cuts across all interests, meeting with stakeholders and interest groups to improve the present IGR efforts", said Emilola.

The Council Boss, thereafter reiterated the commitment of his administration to intensified efforts this year in bringing improvement to all sectors of government and departments in the Local Government.

The Leader of the Legislative Council, Ijebu Ode Local Government, Hon. Olusola Saula Ogundare applauded the Executive Chairman, Alhaji Babatunde Emilola GAZAL, for making a frantic effort to present the first Appropriation Bill of this administration to the hallowed Chamber, despite the recent daunting challenges, which further proves his readiness to work with the Honourable members in taking the Local government to a higher pedestal.

He, therefore appreciates His Excellency, Prince Dapo Abiodun MFR, for the opportunity given to serve as Legislators 

in the 9th Legislature, through various developmental projects, executed across the political wards, to better the lots of people at the grassroots in keeping tap to His mantra " Building our Future together".

Hon. Ogundare, therefore assured of the acceleration consideration and speedy passage to become bye-law in the interest of the people, not without doing the needful as expected in line with the International Public Sector Accounting Standard (IPSAS) and procedures, so that this Local government becomes the best among equals.

He pledge the cooperation of the Legislative Council with the Executive arm more than ever before to replicate the giant stride of the State interms of developmental projects in the Local government. 

Also, He appeal to the people of Ijebu Ode Lg to be patient with the present administration in order to enjoy the dividends of democracy, while urging the people to contribute also their quota to the development  of the LG, "as good governance demands collective responsibilities,"said Hon. Leader.