The governor also speaks on a COVID-19 stimulus package.
Osun State Governor, Adegboyega Oyetola. [PHOTO CREDIT: Official Twitter handle of Mr Oyetola @GboyegaOyetola], on Monday, signed the state’s 2020 revised budget of N82.2 billion into law after its passage by the State House of Assembly.
Speaking during the signing of the budget into law, at the governor’s office, Abere in Osogbo, Mr Oyetola explained that N9 billion was allocated forThe governor buttressed that the funds will provide a stimulus package that takes care of the health aspect of the pandemic, and the economic recovery aspect through the provision of support to Small and Medium Scale Enterprises.
“Don’t forget that sometimes last year, we had an Economic and Investment Summit where we realised there was a need to diversify the economy from oil to agriculture, mining and tourism as if we knew the pandemic was around the corner.“We made efforts to develop the agriculture and mining sectors which we have actually sanitised as we have been receiving a lot of investors coming in to partner with us.
“For those who said we budgeted N9 billion to fight COVID-19, that is not correct, it is a kind of stimulus package that will create more jobs for our youths. So, the budget analysis here is moved to support healthcare including the pandemic itself and to support the economy by giving support to MSME and the need to diversify the economy.”
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