Abeokuta - Governor Ibikunle Amosun of Ogun on Tuesday called on State ministries, departments and agencies (MDAs) to explore new ways of increasing their Internally Generated Revenue (IGR).
Amosun made the call in Abeokuta at the opening of a two-day Treasury Board Meeting on the 2014 budget.
He said the government needed to increase its IGR in order to augment the shortfall in the federal allocation.
He, however, cautioned that whatever strategy they might adopt must not cause hardship to the people.
Amosun hinted that the 2014 budget would be slightly lower than that of 2013 and assured that his administration would still deliver on its campaign promises.
The governor stressed the need for effective budgeting for the realisation of government’s vision and mission.
"While each ministry, department and agency is presenting the request as to how much we will need, we should also think of how much we can generate.
"Please note that we do not have unlimited access to funds, and so we must continue to think out of the box and explore new ways of generating fund’’, he said.
Amosun who noted that the meeting was the third on the 2014 budget, stressed that it was necessary in order to conform with best accounting practises in budget preparation.
He, therefore, urged all officers concerned in the various agencies to be resourceful.