NNPC

Delta: Lawmakers approve N71bn supplementary budget for Okowa 12 days to handover

#image_title

The Delta State House of Assembly has passed N71 billion supplementary appropriation bill proposed by Dr. Ifeanyi Okowa, the state governor, 12 days to the expiration of his tenure as governor.

Okowa, whose tenure as governor ends on May 29th, had on Tuesday, forwarded a letter to the house, requesting it to consider and pass the supplementary budget, which he said is for the 2023 Fiscal year, ending December 31.

He said the budget consists of N5.6 billion as recurrent and, N65.5 billion as capital expenditure respectively.

Okowa added that the supplementary budget became necessary to pay for critical projects, activities of government as well as fund ongoing projects across the State in the 2023 fiscal year.

Considering the bill for passage, the Deputy Speaker of the State Assembly, Rt. Hon. Ochor Christopher Ochor, commended the lawmakers for what he described as their legislative ingenuity in the passage of the bill.

Ochor said that the eventual passage of the bill would help in scaling up the infrastructural and capital developments in the State.

Earlier, the Majority leader, Hon. Ferguson Onwo, commended the governor for proposing the bill, which he noted was aimed at ensuring the completion of ongoing developmental projects in the State.

Other lawmakers who spoke in support of the bill noted that it was aimed at boosting the welfare of the generality of Deltans.

First Bank

About Daily Record

Check Also

Nigerians Speak As DStv, GOtv Lose 1.8 Million Subscribers

MultiChoice, the company behind DStv and GOtv platforms, has recorded a huge decline in its …

Leave a Reply

Your email address will not be published. Required fields are marked *