• 377

    USD/NGN

Mushin LG To Spend N2.7bn In 2013

Mushin LG To Spend N2.7bn In 2013

Chairman, Mushin Local Government Area, Lagos State, Mr. Olatunde Adepitan, says his administration will spend N2.7bn in 2013.

Adepitan stated this during the presentation of 2013 budget to the legislative arm on Monday.

He said of the amount, the sum of N1.66bn would be spent on recurrent while N1.03bn would be spent on capital expenditure.

He said the council would also spend N499.5m on personnel cost; N352.4m on teachers’ salaries and the overhead cost was put at N813m.

Adepitan said the revenue projection for the year consisted of N170m from the internally generated revenue; N2.16bn from the Federation Account and N240m from the state’s statutory allocation.

He also said the council would generate N130m from the Value Added Tax.

Adepitan said, “Our primary focus this year is to ensure that the good people of Mushin LG enjoy dividends of democracy to the fullest.

“We shall complete all the ongoing road construction works and equip the library. Also, we shall provide a conducive environment for our people and businesses to thrive. We implore the residents to always pay the rates due to the LG without any delay.

“I wish to emphasise here once again that the LG will no longer accept payment of rates through associations: every individual trader should possess original receipt in his or her name. Failure to do this will lead to serious sanction and such an individual will be labelled an economic saboteur.”

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