Mimiko signs 2014 budget into law

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Governor Olusegun Mimiko of Ondo State, today, signed into law 2014 budget of One Hundred and Sixty-Eight Billion Naira (N168, 000, 000, 000.00).

The Appropriation Law for the year is broken into Seventy-one Billion, Nine Hundred and Forty-Three Million, Two Hundred Thousand Naira (N71, 943, 200, 000.00) only for recurrent expenditure and Ninety-Six Billion, Fifty Six Million, Eight Hundred Thousand Naira (N96, 056, 800, 000.00) only for the capital expenditure.

Signing the 2014 Appropriation Law in the Cocoa Conference Hall of the Governor’s Office, Governor Mimiko said the budget was geared towards the sustenance of all the laudable programmes of this administration and made to enable his government to move closer to its collective dream and aspiration as a state.

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