Rt. Hon. Francis Nwifuru the Governor of Ebonyi State Thursday presented a total of N202,127,108,107 bn appropriation bill to the state House of Assembly for the 2024 fiscal year.
The budget presentation took place at the Assembly Complex Nkaliki, Abakliki Local Government Area of the State.
According to the Governor, the budget tagged “Budget of Innovation and Progress” has overhead cost of N42,162,100,000 bn.
He appealed to the lawmakers to give the budget accelerated hearing to enable him provide dividends of democracy to the people of the state.
“Overhead cost N42,162, 100,000bn. Whereas the sectoral analysis of the recurrent expenditure as contained in the table attached to the budget.
“The Administrative sector is 49.67%, economic sector 24.49%, Law and Justice sector 2.99%, regional sector 0.05% and Social sector 28.78%.
“In the highlight of capital project, the capital expenditure is 132,804, 740 totalling budget of 202, 127, 918, 907.
“The above shows as a percentage analysis, the capital expenditure stands at 66% while the recurrent expenditure stands at 34%.
“Distinguished ladies and gentlemen, permit me to lay before you, the proposed 2024 budget in the sum of 202, 127,108,107.
“I look forward to the accelerated hearing of this budget so that we can proceed as partners to deliver dividends of democracy to our dear citizens”, he stated].
Gov Nwifuru further state that the heartbeat of priority of his administration was on health and education sectors where he envisaged a transformative impact on the lives of the people of the state.
“Imagine a state where every citizens regardless of their locations have access to world class health services.
“Our ongoing efforts to upgrade all the 13 general hospitals across the state are not just infrastructural enhancement. They are pathways to healings and hopes”, the governor stated.
Picture : Governor Nwifuru presenting the budget to the State Assembly
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