TUNDE ADELEKE, Osogbo
The Acting Chairman of Ife East Area Council, Hon. Adekunle Adewumi, on Wednesday, presented the sum of ₦3.9 billion as the proposed budget for the 2026 fiscal year to the legislative council.
The presentation, which took place at the Council Secretariat, Oke D. O. Modakeke, marked a significant step in the budgetary process for the forthcoming fiscal year.
In his address, Adewumi stressed that the budget is firmly aligned with the Renewed Hope Agenda of President Bola Tinubu, an agenda that calls for fiscal discipline, inclusive growth, grassroots development, and people-centred governance.
He noted that priority areas of the budget include infrastructure development, education, healthcare, youth empowerment, and improved administrative efficiency.
He further stressed that the proposed budget is designed to promote sustainable development, strengthen service delivery, and address key socio-economic needs of the people of Ife East Area Council.
He said, “We have proposed to appropriate N3.9 billion in the next fiscal year, 2026. The budget proposal is expected to be financed through the share of Irepodun Local Government: monthly statutory revenue allocations from the Federation Allocation Account and internally generated revenue from a number of taxable people and rates.”
In his response, the Leader of the Legislative House, Hon. Adekunle Adeyeye, commended the Executive arm for the timely presentation of the budget and assured that the Legislative House would give the proposal due consideration in the interest of the Council and its residents.
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