The governor of Ekiti State, Mr. Peter Ayodele Fayose, presented the 2015 budget speech to the State House of Assembly. The N80.7 billion budget aims to continue projects from the governor's first term and focus on empowerment, agriculture, infrastructure, education, health, and good governance. The budget allocates 60% to recurrent expenditures like salaries and 40% to capital projects. It is expected to improve the lives of citizens and support economic growth through job creation and improved infrastructure and social services.

1. 2015 BUDGETSPEECH DELIVERED BY THE GOVERNOR, MR. PETER AYODELEFAYOSE ON MONDAY15TH OCTOBER, 2014.
2015 BUDGET SPEECH DELIVERED BY THE EXECUTIVE GOVERNOR
OF EKITI STATE, MR. PETER AYODELE FAYOSE AT THE STATE HOUSE
OF ASSEMBLY COMPLEX, ON MONDAY 15TH
OCTOBER, 2014.
PROTOCOLS
I am highly delighted to stand before this Honourable House to
present the maiden budget speech of my second term in office as
the Executive Governors of Ekiti State.
As I stated during my inauguration and swearing in on October
16th
, 2014 that “Essentially, this government is a government of
restoration. We shall continue with the people-oriented
programmes which we started in 2003”. It is therefore noteworthy
that we have consulted widely in ensuring the input of all
Stakeholders in arriving at a budget that reflects our collective
aspiration for sustainable development across all sectors of the
economy. The Budget 2015 which I have tagged “Budget of
Restoration” has been prepared with strategic underpinning of the
six (6) Cardinal Programmes of this administration as follows:
- Empowerment
- Development of Agriculture
- Infrastructural Development
- Education, Science and Technology
- Health and
- Good Governance
As you are aware, the Annual Budget has proved to be the most
effective and efficient tool for the formulation, implementation and
execution of government’s plans and programmes. It is also a
veritable means by which resources that will be available to
Government within a Fiscal Year are estimated and allocated to
socially and economically productive sectors of the economy. A well
planned budget is an instrument of economic policy, accountability
and resources management. It is not only a control mechanism, but

2. 2015 BUDGETSPEECH DELIVERED BY THE GOVERNOR, MR. PETER AYODELEFAYOSE ON MONDAY15TH OCTOBER, 2014.
a guide for human and materials management. It ensures a fiscal
discipline and also curtails unnecessary expenditures. As a tool for
economic planning, policy, and fiscal control, the year 2015 Budget
has been prepared in conformity with the tenets of Public Financial
Management (PFM). It is crafted as an offshoot of the Medium Term
Expenditure Framework (2015-2017) which was passed by this
Hounourable House of Assembly on Monday 8th December, 2014.
The role of this distinguish House therefore is to examine the
draft Budget and in the process, further articulate the needs of the
electorate and appropriate public funds for the realization of the
collective objectives of Government. This crucial function is strategic
and cannot be wished away. Every careful step has therefore been
taken to ensure all provisions of the law are strictly adhered to in the
preparation of the 2015 Budget.
REVIEW OF THE 2014 BUDGET
Rt. Honourable Speaker, House members, distinguished ladies and
Gentlemen, it is expedient that I review the performance of 2014
Budget which this administration inherited from the immediate past
administration. However, before I go into details of the Budget
performance, I will like to emphasize on the position of the State
finances as at when I took over in October 16th
2014.
S/N Nature of Debts Amounts
i. Bonds 26,250,204,976.00
ii. External Debt 6,260,949,265.00
iii. Commercial Loans 15,645,352,788.12
iv. Capital (Contracts/MDAs) 7,736,635,543.13
v. Outstanding Salary 3,786,290,489.83
vi. Gratuity 7,220,098,505.28
vii. Pension Arrears 2,618,833,664.38
viii. Total 69,518,365,231.74

3. 2015 BUDGETSPEECH DELIVERED BY THE GOVERNOR, MR. PETER AYODELEFAYOSE ON MONDAY15TH OCTOBER, 2014.
I wish to reiterate the fact that today our State has been committed
financially up to and until year 2020, even beyond my own
administration. To this end, the understanding and the support of
Ekiti People is required.
Table 1: Review of 2014 revenue Performance
As depicted in the table above, the total Budget was One Hundred
and Three Billion, Eight Hundred and Eighty Two Million, and Three
Hundred Ninety Three Thousand and Four Hundred and Thirty Three
Naira Only. (N 103,882,393,433.00) and the total revenue expected
as at 31st October, 2014 was Eighty Six Billon Five Hundred and Eight
Million, Six Hundred Sixty One Thousand, One Hundred and Ninety
Four Hundred Naira and Seventeen Kobo Only (N
86,568,661,194.17k) out of which the sum of Sixty Seven Billion, Nine
Hundred and Forty Nine Million, Eight Hundred and Fifty Seven
Thousand, Two Hundred and Seventy Four Hundred Naira and Thirty
Seven Kobo Only (N 67, 949,857,274.37) was realised representing
78% performance within the period under review.
Ministry / Department REVISED ESTIMATES
2014
Proportional Estimates ACTUALS JAN -
OCT 2014
% Performance
A
1 Fedaral Allocation 32,387,403,753.00 26,989,503,127.50 29,379,336,707.00 109%
2 Internally Generated Revenue (Including
Parastatals)
20,150,908,908.00 16,792,424,090.00 6,356,658,362.72 38%
3 VAT 7,237,006,026.00 6,030,838,355.00 6,237,486,200.46 103%
4 Draw - Down: External (Grants / Loans) 10,547,554,735.00 8,789,628,945.83 3,390,080,033.11 39%
5 MDGs Conditional Grants Schemes (State
and LGAs)
1,075,000,000.00 895,833,333.33 1,200,000,000.00 134%
6 Loan - Internal Loan Bond 6,300,000,000.00 5,250,000,000.00 14,682,613,000.00 280%
7 Grants from Federal Government
(Reinbursement on Federal Road Projects
handled by the State)
6,700,000,000.00 5,583,333,333.33 -
8 Ecological Fund 525,000,000.00 437,500,000.00 - 0%
9 Excess Crude Oil Proceeds + Budget
Differential
4,811,940,864.00 4,009,950,720.00 1,161,156,433.08 29%
10 Sundry Incomes: [FAAC Augumentation,
Refund from NNPC & Proceeds from Sales of
Fertilizer
3,849,931,152.00 3,208,275,960.00 1,790,815,968.08 56%
11 Others: Sundary Incomes [SURE-P] 2,727,995,964.00 2,273,329,970.00 1,875,855,284.96 83%
12 Others: Transfer from Prior Fiscal Year 7,569,652,031.00 6,308,043,359.17 1,875,855,284.96 30%
103,882,393,433.00 86,568,661,194.17 67,949,857,274.37 78%
S/N
REVENUE
Total Revenue:

4. 2015 BUDGETSPEECH DELIVERED BY THE GOVERNOR, MR. PETER AYODELEFAYOSE ON MONDAY15TH OCTOBER, 2014.
Table 2: Review of 2014 Expenditure Performance
Distinguish Honourable Members, as at the end of October, 2014 a
total sum of Sixty One billion, Nine Hundred and Fifty Six Million, Six
Hundred and Thirteen Thousand and Three and Eighty Nine Naira,
Thirty five Kobo Only (N 61,956,613,389.35) had been expended on
both the recurrent and capital expenditures representing 70%
performance. Forty Billion, One Hundred Thirty Eight Million, Eighty
Seven Thousand, Four Hundred and Fifty Eight Only Ninety Four
Kobo Only (N40, 138,087,458.94K) was spent on Recurrent
Expenditure while Twenty One Billion, Eight Hundred and Eighteen
Million, Five Hundred and Twenty Five Thousand, Nine Hundred and
Eighty Naira, Forty and One Kobo Only (N21, 818,525,980.41) was
spent on capital expenditure.
THE 2015 BUDGET
You may wish to recall that in my inauguration speech, I emphasized
that this administration would embark on projects that would
Ministry / Department REVISED ESTIMATES
2014
Proportional Estimates ACTUALS JAN -
OCT 2014
% Performance
B
1 Personnel Cost 9,433,946,102.00 7,861,621,751.67 7,538,467,372.76 96%
2 Other Charges 5,843,744,049.36 4,869,786,707.80 2,088,143,770.05 43%
3 Grants to Parastatals 19,688,263,791.08 16,375,509,384.23 13,432,204,092.92 82%
4 Transfer to Other Funds (Recurrent) 10,325,546,474.65 9,981,849,240.23 6,749,331,439.21 68%
5 Consolidated Revenue Fund Charges 9,603,631,414.61 10,503,026,178.84 10,329,940,784.00 98%
Total Recurrent Expenditure: 54,895,131,831.70 49,591,793,262.78 40,138,087,458.94 81%
C
1 Economic Sector 22,896,220,290.33 16,781,850,241.94 8,900,899,117.49 53%
2 Social Services Sector 8,617,495,257.52 7,181,246,047.93 8,113,341,485.42 113%
3 Environmental Sector 2,364,107,034.07 1,891,755,861.73 250,541,035.65 13%
4 Administrative Sector 11,178,457,035.20 9,157,464,696.00 3,418,580,960.52 37%
5 TOF Capital 3,930,981,984.18 3,605,835,618.53 1,135,163,331.33 31%
45,056,279,617.12 35,012,316,847.60 20,683,362,599.08 59%
Total TOF Capital: 3,930,981,984.18 3,605,835,618.53 1,135,163,331.33 31%
Grand Total: Capital Total + Tof
Capital:
48,987,261,601.30 38,618,152,466.13 21,818,525,930.41 56%
103,882,393,433.00 88,209,945,728.91 61,956,613,389.35 70%
CAPITAL EXPENDITURE
Total Capital Expenditure:
GRAND TOTAL:
RECURRENT EXPENDITURE
S/N

5. 2015 BUDGETSPEECH DELIVERED BY THE GOVERNOR, MR. PETER AYODELEFAYOSE ON MONDAY15TH OCTOBER, 2014.
improve the lot of the entire citizenry of Ekiti State. This policy
thrust shall be pursued and consolidated in the next fiscal year as the
budget would be designed to improve on all on-going projects which
are in-line with the 6 cardinal programmes of this administration.
OBJECTIVES OF THE BUDGET
Based on these foregoing, the policy thrust of the 2015 Budget
include but are not limited to the following:
i. Aggressive IGR drive;
ii. Radical approach to reducing the level of poverty of the
citizenry through provision of conducive environment for job
creation and stomach infrastructural facilities
iii. Improving on all on-going Capital Projects;
iv. Effective supervision and monitoring of all government Capital
Projects to enable Government get value on fund expended on
projects;
v. Improvement in socio-economic infrastructure such as
rural/urban roads, rural/urban water supply and rural
electrification;
vi. Improvement in the quality of Education through adequate
funding of all tiers of Education
vii. Promotion of economic activities through support for Small and
Medium Scale Enterprises (SME);
viii. Putting in place appropriate policies that would enhance
effective, efficient and well motivated public service to
enhance productivity and promotion of industrial peace and
harmony in the State;
ix. Prompt payment of workers salary;
x. Adherence to Due process through budget discipline and
effective utilization of public fund;

6. 2015 BUDGETSPEECH DELIVERED BY THE GOVERNOR, MR. PETER AYODELEFAYOSE ON MONDAY15TH OCTOBER, 2014.
xi. Increasing the effectiveness and functionality of all social
services like improving the quality of health care delivery,
sound Education policy and ICT driven economy;
xii. Development of Agriculture so as to ensure provision of
enabling environment for food security and agro-based
industries with immense private sector participation.
HIGHLIGHTS OF 2015 BUDGET
In order to keep the economy growing and restore the tempo of
sustainable development, we have proposed a Budget of Eighty
Billion, Seven Hundred and Seventy Four Million, Thirty Four
Thousand Eight Hundred and Sixty Seven Naira and Twenty Eight
Kobo Only. (N80, 774,034,867.28k) for the year 2015 Financial Year.
2015 REVENUE PROJECTIONS
Ministry / Department Proposed Estimates
2015 (N)
% Distribution
1 Fedaral Allocation 30,948,303,542.35 38%
2 Internally Generated Revenue (Including
Parastatals)
8,885,524,000.00 11%
3 VAT 7,660,360,510.48 9%
4 Draw - Down: External (Grants / Loans) 8,819,953,944.55 11%
5 MDGs Conditional Grants Schemes (State
and LGAs)
1,374,000,000.00 2%
6 Loan - Internal Loan Bond 5,000,000,000.00 6%
7 Grants from Federal Government
(Reinbursement on Federal Road Projects
handled by the State)
1,000,000,000.00 1%
8 Ecological Fund 4,000,000,000.00 5%
9 Excess Crude Oil Proceeds + Budget
Differential
1,219,214,254.73 2%
10 Sundry Incomes: [FAAC Augumentation,
Refund from NNPC & Proceeds from Sales of
Fertilizer
1,880,356,766.48 2%
11 Others: Sundary Incomes [SURE-P] 2,562,874,321.55 3%
12 Others: Transfer from Prior Fiscal Year 7,423,445,527.13 9%
80,774,032,867.28 100%
S/N
REVENUE
Total Revenue:

7. 2015 BUDGETSPEECH DELIVERED BY THE GOVERNOR, MR. PETER AYODELEFAYOSE ON MONDAY15TH OCTOBER, 2014.
RECURRENT EXPENDITURE
A total sum of Forth Eight Billion, Seven Hundred and Seventeen
Million, Two Hundred and One Thousand, One Hundred and Twenty
Two Naira and Eighty Six Kobo Only (N48, 717,201,122.86) has been
earmarked for the recurrent expenditure of government in the 2015
fiscal year. This represents approximately 60% percent of the total
budget. With this Government expects to meet the following
obligations listed in the table below:
The recurrent capital ratio of 60% to 40% would be achieved in the
next fiscal year.
Highlights of Some Key Recurrent Expenditure:
(a) SUBVENTIONS:
This Government will continue to accord priority to the sustenance
of these key parastatals for accelerated growth and development. To
this end, allocations to key parastatal are as listed below;
S/N Receivers Subvention Amount (N)
1 Judiciary 1,128,081,321.13
2 College of Education 2,426,000,000.00
3 Ekiti State University 3,281,345,005.89
4 Teaching Service
Commission
8,713,846,999.82
5 BSES 262,500,000.00
1 Personnel Cost 8,613,473,668.45 11%
2 Other Charges 2,413,100,994.41 3%
3 Grants to Parastatals 20,860,226,980.63 26%
4 Transfer to Other Funds (Recurrent) 6,278,316,369.03 8%
5 Consolidated Revenue Fund Charges 10,552,083,110.34 13%
Total Recurrent Expenditure: 48,717,201,122.86 60%
RECURRENT EXPENDITURE

8. 2015 BUDGETSPEECH DELIVERED BY THE GOVERNOR, MR. PETER AYODELEFAYOSE ON MONDAY15TH OCTOBER, 2014.
6 SUBEB 230,220,677,.78
7 Agric Development Project 210,000,000.00
8 Water Corporation 352,928,299.04
9 University Teaching Hospital 2,501,841,358.53
10 Internal Revenue Service 525,000,000.00
11 Scholarship Scheme 59,415,684.20
CAPITAL EXPENDITURE
A total sum of Thirty Two Billion, Fifty Six Hundred Million, Eight
Hundred and Thirty One Thousand, Seven Hundred and Forty four
Hundred Naira and Forty Two Kobo Only (N32, 056,831,744.42) has
been earmarked for the capital expenditure of government in the
2015 fiscal year. This represents approximately 40% percent of the
total budget. The fund is distributed across sectors as follows as
shown in the table below:
HIGHLIGHT OF KEY CAPITAL EXPENDITURE IN LINE WITH 6
CARDINAL PROGRAMMES
Empowerment
This Government shall promote egalitarian society for all Ekitis at
home and in the Diaspora. It shall rekindle hope and restore the self-
1 Economic Sector 11,461,144,770.16 14%
2 Social Services Sector 5,952,119,201.77 7%
3 Environmental Sector 4,948,000,000.00 6%
4 Administrative Sector 5,559,164,555.30 7%
5 TOF Capital 4,136,403,217.19 5%
27,920,428,527.23 35%
Total TOF Capital: 4,136,403,217.19 5%
Grand Total: Capital Total + Tof
Capital:
32,056,831,744.42 40%
CAPITAL EXPENDITURE
Total Capital Expenditure:

9. 2015 BUDGETSPEECH DELIVERED BY THE GOVERNOR, MR. PETER AYODELEFAYOSE ON MONDAY15TH OCTOBER, 2014.
confidence that we are known for. Every Ekiti Person shall be
assisted to pursue and realize his or her aspiration in the area of core
ability or competence and encouraged to develop to the fullest
without any form of inhibition or limitation.
Government shall create an enabling environment and provide basic
facilities for various professions, business, vocation, skill acquisition
and other form of human enterprise. It shall promote equal
opportunity for women and support the physically challenged to
demonstrate that there is ability in disability. The Government plans
to spend Three Hundred and Eleven Million Naira Only (N311,
000,000.00k) on this sector for the year 2015 fiscal year. The
distribution is as contained in the table below;
S/N Distribution Amount (N)
1 Ministry of Women Affairs,
Gender Empowerment
&Social Welfare
291,000,000.00
1 Women Development
Programmes
20,000,000.00
DEVELOPMENT OF AGRICULTURE.
The main stay of our economy, outside of Federal Allocation is
agriculture; hence, this government shall ensure and encourage
increase agricultural production towards food security for local
consumption and also for export. It shall enhance the production of

10. 2015 BUDGETSPEECH DELIVERED BY THE GOVERNOR, MR. PETER AYODELEFAYOSE ON MONDAY15TH OCTOBER, 2014.
cash crops, particularly Cocoa and palm oil. It shall lay emphasis on
agro-based project as a catalyst to employment generation through
the encouragement of small/medium enterprise such as cassava
processing, rice milling, and poultry feed mills, fruit and juice
factories etc. Government shall also provide farm equipment,
storage facilities and soft loans. To this end, the total sum of One
Billion, Five Hundred and Ninety Million, Five and Ninety Six
Thousand Naira Only (N1, 590,596,000.00k) has been allocated to
key projects in Agricultural sector as listed below
S/N Distribution Amount (N)
1 Ministry of Agriculture &
Rural Development
960,596,000.00
2 Forestry Dept 70,000,000.00
3 Agriculture Development
Project
170,000,000.00
4 Farm Settlement Scheme 60,000,000.00
5 Ekiti Marketing Board 10,000,000.00
6 Rural Development 250,000,000.00
7 FADAMA 70,000,000.00
INFRASTRUCTURAL DEVELOPMENT
The importance of infrastructural development cannot be over
emphasized. Thus, for effective functioning of the socio-economic
apparatus of the State, this Government shall ensure the provision of
good and durable intra and inter-township roads. It shall also
encourage Local Government Council to construct access roads to
communities and farmsteads. The State Government shall
collaborate with the Federal Government towards the realization of
Federal Projects including the Federal Government Secretariat, the
Airport project, the extension of Rail line and also on road

11. 2015 BUDGETSPEECH DELIVERED BY THE GOVERNOR, MR. PETER AYODELEFAYOSE ON MONDAY15TH OCTOBER, 2014.
maintenance. We shall ensure the rehabilitation of existing dams, in
addition to the replacement of old and damaged water pipes to
ensure improved water supply to all communities. Provision of
enabling environment and partnership with private investors for
affordable housing schemes shall be vigorously pursued. The sum of
Eleven Billion, Four Hundred and Thirty Two Million, Two Hundred
and Twenty Five Thousand, Seven Hundred and Seventy Naira and
Sixteen Kobo Only. (N11, 432,225,770.16k) has been allocated to
infrastructure development of the state in the next fiscal year, as
shown in the table below:
S/N Distribution Amount (N)
1 Public Works Project 9,522,225,770.16
2 Water Corporation 1,600,000,000.00
3 Electricity 310,000,000.00
EDUCATION, SCIENCE AND TECHNOLOGY.
The State is known for her prowess in education advancement, this
administration will pursue a deliberate policies and programmes
towards restoration of her past glory in education. To this end, the
PDP led Government in Ekiti State will offer free and compulsory
quality and qualitative education up to senior secondary school level.
Teachers shall be accorded their right of place as critical stakeholders
in education development of our State. Conducive working
environment shall be provided for them through provision of
appropriate working tools, training and other benefits. We shall
ensure adequate funding for all levels of education including the
University and all other tertiary institutions in the State. Our
technical Colleges shall be strengthened for skill acquisition. Bursary

12. 2015 BUDGETSPEECH DELIVERED BY THE GOVERNOR, MR. PETER AYODELEFAYOSE ON MONDAY15TH OCTOBER, 2014.
award and scholarship Schemes shall be restored. So therefore the
sum of Two Billion, One Hundred and Twenty Four Million, Five
Hundred and Ninety Eight Thousand, Five Hundred and Fifty Two
Naira and Thirty Eight Kobo Only. (N2, 124,598,552.38) has been
earmarked for the sector in the following order
S/N Distribution Amount (N)
1 Main Ministry of Education 273,598,552.38
2 SUBEB 170,000,000.00
3 Board for Technical &
Vocational Education
236,000,000.00
4 Ekiti State University/
College of Medicine
500,000,000.00
5 College of Education 190,000,000.00
6 ANFE 68,700,000.00
7 Teaching Service
Commission
66,000,000.00
8 Ekiti State Library Board 505,800,000.00
9 Ekiti State Quality Assurance
Agency
100,000,000.00
HEALTH
They say health is wealth. You will also agree with me that the
wealth of a State is in the state of her peoples’ health. Base on this,
this government shall buy into the concept of Universal Health
Coverage (UHC) and pursue deliberate policies and programmes that
will make every Ekiti Man and Woman have access to health care
services in the State.

13. 2015 BUDGETSPEECH DELIVERED BY THE GOVERNOR, MR. PETER AYODELEFAYOSE ON MONDAY15TH OCTOBER, 2014.
This administration shall provide Free Health Care Services for
children aged 0-5, pregnant women and the physically challenged.
We shall provide functional equipment and adequate personnel at all
levels of health care facilities in the State in addition to rehabilitation
of facilities in our hospitals and health centres. The University
Teaching Hospital shall be adequately funded and staffed
appropriately to offer quality and qualitative tertiary health care
services to our people, also at affordable prices. The Government has
allocated the sum of Two Billion, Seven Hundred and Thirty One
Million, Five Hundred and Two Thousand, Six Hundred and forty Nine
Naira and Thirty Nine Kobo Only.(N 2, 731,520, 649.39k), the
distribution is as contained in the table below;
S/N Distribution Amount (N)
1 Main Ministry of Health 1,517,520,649.39
2 College of Health Tech. Ijero
– Ekiti
145,000,000.00
3 University Teaching Hospital 550,000,000.00
4 Primary Health Care
Development Agency
284,000,000.00
5 Central Medical Store 80,000,000.00
6 Hospital Management Board 155,000,000.00
SECURITY
No meaningful development can take place in an atmosphere of
insecurity, where people sleep with one eye closed. It is in realization
of this fact, that our government shall provide adequate security for
lives and property in Ekiti State. This administration shall pro-actively

14. 2015 BUDGETSPEECH DELIVERED BY THE GOVERNOR, MR. PETER AYODELEFAYOSE ON MONDAY15TH OCTOBER, 2014.
collaborate with Police and other Law enforcement Agencies and
support local vigilante groups to protect lives and property in the
State. Our Government shall also ensure the take-off of military
formation in Ekiti State.
GOVERNANCE AND PUBLIC SERVICE.
This administration appreciates transparent, accountable, honest,
and participatory leadership which are the tenet and fulcrum upon
which democracy rotates, that is our standing and promise to the
good people of Ekiti State.
We understand the critical role of the Public Service as the engine
room of Government. We shall therefore take appropriate steps
toward the restoration of the core values of professionalism,
honesty, integrity, accountability and probity. The ugly trend of
politicization of the service shall be halted.
The Civil Service shall be re-positioned to serve the interest of the
public and re-directed as a key player in socio-economic
transformation of our state through objectivity and dutiful
implementation of Government development programmes. Priority
attention and resources shall be accorded the training and re-
training of officers to attune them with best practices in governance
and service delivery. The sum of Five Billion, Three Hundred and Sixty
Six Million, Five Hundred and Sixty Four Thousand, Five Hundred and

15. 2015 BUDGETSPEECH DELIVERED BY THE GOVERNOR, MR. PETER AYODELEFAYOSE ON MONDAY15TH OCTOBER, 2014.
Fifty Five Naira and Thirty Seven Kobo Only N 5, 366,564,555.37k has
been budget for security, governance and public service for the fiscal
year under reference.
CONCLUSION
Right Honourable Speaker and the Honourable members of this
distinguished house, this budget is a document that has articulated
the policies and programmes of the government to achieve the
collective aspirations of the good people of Ekiti State, Nigeria in the
year 2015. It is our resolve to faithfully implement the provisions as
passed by this Assembly.
It is now a singular honour for me to formally present to you the
proposed 2015 Budget, the “BUDGET OF RESTORATION”. I pray that
the implementation of this budget will bring the desired growth and
development to our people and Ekiti State, Nigeria,
Thank you.
Wishing you a Merry Christmas and prosperous Happy New Year in
Advance.
MR. PETER AYODELE FAYOSE,
EXECUTIVE GOVERNOR,
EKITI STATE, NIGERIA

16. 2015 BUDGETSPEECH DELIVERED BY THE GOVERNOR, MR. PETER AYODELEFAYOSE ON MONDAY15TH OCTOBER, 2014.