N137bn budget presented to the State House of Assembly by Governor Rochas


imsgThe State Governor has presented a budget of N137bn to the state house of Assembly for 2014.

According to the Governor,  “Budget of Consolidating Rescue’’ was anchored on the four-year development plan of the rescue mission agenda of his administration. He also maintained that the budget would give priority to development projects which would improve the economy of the state.

The governor said the budget would also enable the creation of employment opportunities and increase the revenue generation capacity of the state.

From the breakdown of the budget, N746.5 million had been earmarked for commerce and industry while N32.1 billion was for projects in works, transport, housing and urban development.

The sum of N671 million was set aside for town and country Planning, survey and community development while N3 billion was earmarked for culture and tourism.

He said N14.16 billion was proposed for social services in education, health, information, women affairs, youth and sports development.

The education subsectors of primary/secondary and tertiary/technology got N3.5 billion and N5 billion respectively while health subsector had a proposal of N1.5 billion.

General administration was allocated N15.4 billion and economic sector comprising of agriculture, commerce and industry, works and housing, transport and tourism, lands and road development received N45.9 billion.

The governor commended the House for their support for his administration and called on members to expedite action on the budget.

The Speaker, Mr Benjamin Uwajumogu, said the presentation was an opportunity to have a retrospective look at the achievements of previous years and setting new targets.

He said obstacles which looked formidable at the inception of the Okorocha-led administration had been dismantled.

“At the inception of the present administration, there were obstacles that seemed formidable and near-insurmountable.

“By applying robust initiative and rare ingenuity, the whole obstacles have been dismantled,’’ he said.

The speaker stated that the rescue mission agenda of the present administration had become clearer to the people and that the pace of development was sufficient proof.

He urged public officials to ensure that resources entrusted to them were judiciously used.

“We must ensure that all public resources entrusted to our care are judiciously used so that the dividends of democracy are felt by all and sundry.

“All that is required is sacrifice, sincerity of purpose, understanding, courage and political will,’’ he said.


Please enter your comment!
Please enter your name here