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Obiano Presents N141.9b Budget To Anambra Assembly

Obiano Presents N141.9b Budget To Anambra Assembly

October 15, 2021
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Obiano Presents N141.9b Budget To Anambra Assembly

by Present Nigeria
October 15, 2021
in News
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Obiano Presents N141.9b Budget To Anambra Assembly
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The Governor of Anambra State, Chief Willie Obiano, has presented a budget proposal of the sum of N141. 9 billion for 2022 to the State House Assembly.

Out of the draft estimate based on realistic projections on all sources of revenue, recurrent expenditure was pegged at sixty point nine billion naira at forty-three per cent, while the Capital expenditure is eight one billion naira at sixty-seven per cent.

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While road, works and infrastructure will gulp twenty-three billion naira, agriculture will take three billion naira, as well as three-point two-three billion naira for education.

The environment is expected to take three-point four two billion naira, two-point zero eight billion naira for Youth Empowerment and creative economy, five-point eight billion naira for Health, one billion naira for small and medium enterprises and two-point one billion naira for water resources and public utilities.

The community social development program will get one point four billion naira to enable the commencement of the third phase of the community-choose-your-project initiative as well as provisions for disability programs.

Governor Obiano said that the estimate is geared towards sustaining his performance over the last seven years, with no plans to increase taxes and levies in the coming year.

Speaker of the State House of Assembly presided over the proceedings, ABS reports.

Secretary to the State Government, Professor Solo Chukwulobelu, Chief of Staff to the Governor, Mr. Primus Odili, Head of Service, Barrister Harry Uduh, Senator Victor Umeh, members of the State Executive Council, Traditional rulers, among others, attended the budget presentation.

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