COVID-19 pandemic: Ondo cuts budget by N36.4 billion.

Due to the ravaging effects of the COVID-19 pandemic, Ondo State House of Assembly has passed the 2020 revised appropriation bill of N151 billion, 438 million.

The reversed  budget is N36.4 billion lower than the previous appropriation of N187 billion.

The review of the budget, according to the Speaker, Bamidele Oleyelogun  became imperative in the face of the realities on ground.

The reversed budget is to ensure that government’s positive impact was felt through achievable interventions and programmes.

Recalled that state assembly had earlier passed the 2020 appropriation of N187 billion before the outbreak of COVID-19 pandemic in the country in December.

The Speaker said, ” Due to the adverse effect the COVID -19 pandemic on the economy in the state and the country, it became imperative for state House of Assembly to review the already passed 2020 budget to accommodate social protection programmes that will mitigate the effect on its citizens”