Ondo State governor Rotimi Akeredolu, has submitted a N272.736 billion budget proposal for 2023 to the state House of Assembly.
Akeredolu presented the budget, dubbed “Budget of Shared Prosperity,” during a plenary session on Monday.
According to Akeredolu, N129.224 billion was budgeted for recurrent expenditure while N143.511 billion was set aside for capital expenditures.
The Governor stated that the 2023 budget was created using input from Town Hall meetings held with numerous stakeholders throughout the state.