ALL PROTOCOLS OBSERVED
Distinguished Ladies and Gentlemen, I am deeply humbled to welcome you to this gathering as I stand here this morning to present to you the Proposed 2019 Budget of Agege Local Government.
This administration is focussed on improved infrastructure for sustainable development and socio-economic empowerment of the good people of Agege.
The Budget Performance of the Year 2018 is as follows:
Year 2018 Budget Performance (Review)
Details of Revenue Year 2018
Approved Actual Performance (%)
(1) Federal Allocation 1,075,616,054.00
1,154,378,978.98 107%
(2) IGR State Coordinated 45,000,000 75,965,449.89 168%
(3) IGR 70,000,000 89,790,314.42 128%
Total 1,190,616,054.00 1,320,134,743.29
S/N Details of Expenditure Budgeted Actual Performance (%)
(1) Personnel Cost (Inclusive of Teachers’ Salaries) 791,917,138.86 986,562,978.25 124.5%
(2) Overhead 1,022,607,421.06 849,097,108.61 83%
3(3) Capital 526,830,874. 59320,726,106.30 61%
Total 2,341,605,434,51 2,156,386,193.16
As depicted in the above Table, we have continued to record significant increases in our Internally Generated Revenue surpassing our target by almost 30% in 2018.
I have no doubt that this trend will continue in the current year. The Stakeholders’ meeting held in January 2019 afforded us the opportunity to feel the pulse of our people and incorporate as much as possible their desired needs into the preparation of the current year’s budget.
We would focus on the following in the current year:
• Maintenance of existing infrastructure and public utilities;
• Maintenance of a neat and tidy environment;
• Provision of educational equipment and materials in our vocational centres and primary schools; and
• Provision of drugs and other equipment for the PHCs and staff clinic amongst others.
Please find below our proposed 2019 Budget estimates for your kind consideration and subsequent approval.
DETAILS OF PROPOSED 2019 REVENUE
S/NO DETAILS OF REVENUE BUDGETED
(1) Federal Allocation + VAT +CASH B/F N2,338,267,838.61
(2) IGR + State Coordinated IGR N190,325,000.00
TOTAL N2,528,592,838.61
DETAILS OF PROPOSED 2019 EXPENDITURE
S/NO DETAILS OF EXPENDITURE BUDGETED
(1) Personnel Cost (Inclusive of Teachers Salary) N1,051,112,141.55
(2) Overhead N792,590,274.43
(3) Capital (SSE + NCA) N684,890,422.63
TOTAL N2,528,592,838.61
Distinguished Ladies and Gentlemen, I am optimistic that with your continued support and feedback, we will continue to move Agege Local Government to an enviable position in Lagos State.
I appeal to you, the Honourable lawmakers, to cooperate with us as you have always done by looking speedily into this Budget Proposal and grant its approval.
Thank you for listening.
Long live Lagos State.
Long live Agege Local Government
ALHAJI GANIYU KOLA EGUNJOBI
EXECUTIVE CHAIRMAN
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