Governor Ikpeazu signs 2021 Appropriation Bill


Abia State Governor, Dr. Okezie Ikpeazu, has signed the 2021 Appropriation Bill into law.


The Bill which was passed by Abia State House of Assembjy earlier Tuesday was presented to the Governor by the Clerk of the House, Sir John Pedro Irokansi, in his Aba Lodge where he endorsed the N131,852,752,000.00 (One Hundred and Thirty One Billion, Eight Hundred and Fifty Two Million, Seven Hundred and Fifty Two Thousand Naira Only) budget made up of N69bn for capital expenditure and N62.8bn for recurrent expenditure. 

Governor Ikpeazu presented the christened "Budget of Local Contents and Sustainable Development" to the State House of Assembly on the 7th of December, 2020.


The budget, which is 21.12 per cent higher than last year’s appropriation, comprised N62.6bn recurrent expenditure and N69bn capital expenditure.


Ikpeazu explained that the budget was inspired by the quest to reinvent the Abia spirit of industry and ingenuity and stimulate industrialisation through the establishment of Cottage Industries in the 17 council areas of the state.




It would also help to rejig agencies of government to ensure they become more productive, coordinate effective delivery of services to Abia people, and interpret the vision of delivering multi-sectoral growth across the state.

Comments

Post a Comment

Popular posts from this blog

The Governor Who Won’t Be Silenced: Gov. Makinde and the Struggle for Multiparty Democracy in Nigeria

Image
BY Innocent Imoh Paul Another election cycle is close by; and concerns about the strength of its multiparty democracy and the balance of power within the federation (Nigeria) are resurfacing. In this climate, Governor Seyi Makinde of Oyo State has emerged as one of the most outspoken opposition figures, arguing that the preservation of democratic pluralism is central to national stability. His firm stance within the Peoples Democratic Party (PDP), and his decision not to support President Bola Tinubu’s anticipated 2027 re-election bid, have renewed debate about federal influence, opposition resilience, and the future direction of Nigeria’s democracy. Makinde’s position extends beyond routine partisan disagreement. It reflects a broader concern about the pressures facing opposition parties in Nigeria and the implications such pressures may have for democratic competition. In recent public remarks, he warned that efforts to weaken or fragment the PDP could ultimately erode the checks and...
Read more

SPEECH BY THE EXECUTIVE GOVERNOR OF OSUN STATE, HIS EXCELLENCY SENATOR ADEMOLA JACKSON NURUDEEN ADELEKE, AT THE HANDING OVER OF OBA HILLS FOREST RESERVE TO THE FEDERAL GOVERNMENT TO BE MANAGED AS A NATIONAL PARK ON TUESDAY, 10TH DECEMBER 2024

Image
Protocols It is with great pleasure that I welcome you all to this historic occasion. I also extend my warm greetings to the eminent personalities, stakeholders, and representatives of the host communities of Oba Hills National Park. 2. I acknowledge and appreciate all the individuals who have contributed immensely to the success of this initiative. I particularly thank those who served in various transition committees over the years. Your efforts have brought us to this milestone. 3. Oba Hills Forest Reserve, now to be known as Oba Hills National Park, spans about 4,225 hectares across Iwo, Ejigbo, and Ola-Oluwa Local Government Areas. This forest reserve hosts varieties of ecological value. The site is also home to five unique hills which provide habitats for diverse plants and animals. 4. We regret to note that some of these species are endangered due to activities such as logging, hunting, and other human factors. It was for this reason that the Osun State Government engaged the Ni...
Read more

Delta awards N78bn contract for flyovers in Warri, Effurun

Image
Delta State Government has approved the award of contracts worth N78 billion to Julius Berger Nigeria Limited for the construction of three flyover bridges and road expansion in the Warri/Effurun megalopolis. This was part of decisions reached at the State Executive Council meeting presided over by Governor Sheriff Oborevwori on Tuesday in Asaba.  Briefing journalists at the end of the Exco meeting, the Permanent Secretary, Ministry of Works, Engr Fred Edafiogho, said approval of the contracts were aimed at solving the gridlock often experienced in the twin cities. He said the contracts included the design and construction of flyover bridge at Enerhen junction to Marine Gate; study, design and construction of road expansion and improvement works on the section of the DSC/NPA Expressway from Effurun roundabout to DSC roundabout including construction of a 3/4 Cloverleaf interchange at the existing Effurun Flyover Bridge as well as two pedestrian bridges. Others are design and constr...
Read more