GOVERNOR Adebayo Alao-Akala of Oyo State, on Wednesday, signed the 2011 budget into law, declaring that his administration would ensure a faithful implementation of the provisions of the budget.

The governor, while signing the N148.7 billion 2011 appropriation, as approved by the state House of Assembly, at the Governor’s Office, noted that the budget was the last one in the first term of his administration, adding that its success would depend largely on the funds available to the state.

He lamented the mono-economic status of the country, saying that dependence on oil and the monthly federal allocation had been affecting the implementation of budget over the years, but promised that his administration would vigorously pursue other alternatives.

“2011 is a transition year from one administration to another one. But we will see to the faithful implementation of the 2011 budget. We are not going to rely solely on oil, whose price has continually been fluctuating, even in the world market.

“We will aggressively pursue our internally generated revenue (IGR) to ensure the success of the budget. With its provisions and programmes, it is a budget that will put smile on the faces of the people of the state.

“But I will implore the people to jealously guard the various public projects in their domains. These are projects executed with hard-earned public money and our people should not see them as government projects, but as projects that were executed for their benefit,” he said.

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