Mr Olakunle Sobukanla (APC -Ikenne), the Chairman, House Committee on Finance and Appropriation, had earlier during plenary on Friday in Abeokuta presented the report of his committee on the budget before the whole House.

Sobukanla said that the appropriation bill had an adjustment to the capital expenditure leading to an increment of N2.1 billion for capital projects.

According to him, the adjustment increased the capital expenditure from N269.13 billion to N271.23 billion.

The lawmaker added that the recurrent expenditure was reduced from N154.89 billion to N152.79 billion or a reduction of N2.1 billion.

He stated that the N2.1 billion removed from the recurrent expenditure was added to the capital expenditure.

Sobukanla, thereafter, moved the motion for the adoption of the report, which was seconded by Sylvester Abiodun (PDP-Ijebu North 1), and unanimously supported by all the lawmakers through a voice vote.

The bill was thereafter read clause-by-clause before the lawmakers by the Speaker, Olakunle Oluomo (APC—Ifo 1).

Mr Yusuf Sherif (APC-Ado Odo Ota 1), the Majority Leader, moved the motion for the third reading, seconded by the Minority Leader, Ganiyu Oyedeji (APM -Ifo 11), while the acting Clerk, Deji Adeyemo, read the bill for the third time.

Gov. Dapo Abiodun had on Dec. 3 presented the budget proposal of N449.974 billion for the 2020 fiscal year before the state legislature for consideration.