We’re Committed To Surpassing Our 2012 Overall Budget Performance Of 89% – Fashola
Lagos State Governor, Mr Babatunde Fashola (SAN) presided at the 2013 first quarter budget review session, informing that the budget recorded a performance of 61 percent in the first quarter even as the administration remains firmly committed to surpassing the overall performance of 89% recorded last year.
Speaking with State House Correspondents after the closed door session which took place at the Banquet Hall of the Lagos House, Ikeja, the Governor said the 61 percent budget performance is slightly down from performance in the first quarter of 2012 which was 65 percent.
“Yes, we just received the first quarter report for 2013 of the budget performance and the result was a 61 percent budget performance slightly down from performance in the first quarter of 2012 which was 65 percent but again we remain committed to improving upon our overall performance of 89 percent at the end of the year 2012”, he added.
He reiterated that this is the first quarter and in spite of the fact that the 2013 Budget is also a budget that was dedicated to complete existing projects, the performance capacity will improve in the second quarter subject to funding as a major challenge.
“But in terms of the impact of the budget, I think it all speaks for itself. Fitch rating for the state economy from stable to positive and from improved service delivery extending to Saturdays, there is a total output for service delivery which is what a budget should do. Connect with reality
in terms of projects that are coming to completion in terms of the housing projects,
road projects, school projects, so by the by we are on our way”, he explained.
Giving an insight into what could have accounted for the first quarter report, Governor Fashola noted that it becomes understandable when one takes a look at what typically happens in the first quarter with many construction firms shutting down for Christmas and starting off again early
in the year, adding that he is comforted that things are heading in the right direction.
While speaking on the role that stability will play in the performance of the budget, Governor Fashola said nothing can happen without stability and peace stressing that people must increasingly become law abiding and must increasingly become law abiding voluntarily because if there is a safe environment the government can focus more on developmental issues and so
much more, as that has been the case largely in Lagos.
“People have respected each other’s diversity, religious and ethnic, and we can only encourage them to continue to do that. After that of course, is the citizens involvement in government by discharging their obligations to honestly and fully disclose their income and promptly pay taxes that is due on such income. That is the citizen end of the social contract. In that way they can hold us responsible and accountable to how the resources they put at our disposal are utilised”, the Governor said.
Also giving an insight into the budget performance, the Commissioner for Economic Planning and Budget, Mr Ben Akabueze said the State has done reasonably well in terms of revenue generation and management. “We have done reasonably well in terms of expenditure management but we just need to intensify efforts with our project completion”.
He enjoined the people to regularly pay their taxes and recognise the fact that the budget belongs to them adding that when people talk about success of the budget it is in terms of what extent it delivers value to the people.
“The people must own the budget and that includes making themselves extension of the eyes, ears and whatever of government. They own the projects, so when the projects are being undertaken in your community, take a keen interest in what is going on and make sure that if anything looks unusual or out of the ordinary, take advantage of the communication lines
with government basically in protecting that which has already been done so that we are not going back to fix what has been done rather than increase the stock of goods available to the people”, Mr Akabueze reiterated.
The Governor was flanked by the Head of Service, Prince Adesegun Ogunlewe and Commissioner for Information and Strategy, Mr Lateef Ibirigba at the media briefing session.
The budget review session was attended by the Deputy Governor, Hon (Mrs) Adejoke Orelope-Adefulire, members of the State Executive Council, Body of Permanent Secretaries and senior officials of Ministries, Departments and Agencies.
SPECIAL ADVISER TO H.E ON MEDIA
APRIL 12, 2013
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