Delta State Governor, Sen Ifeanyi Okowa, Wednesday presented N367, 095,083,451, Year 2019 Budget Appropriation Bill to members of the State House of Assembly christened ” Budget of Sustainable Growth” for consideration and subsequent approval.
Gov Okowa projected N209, 999, 054, 198, 57.21 for capital expenditure, while N157, 096, 029, 253, and 42.79 was earmarked for recurrent expenditure.
The 2019 budget proposal had an increase of N59 billion from the 2018 Budget which was N308, 888,558,898.
Okowa, while presenting the 2019 budget of sustainable growth to the State House of Assembly presided over by the Speaker, Rt Hon. Sheriff Oborevwori, disclosed that the budget would enable his administration consolidate on the successes and achievements of past years.
Okowa informed the Assembly that the state has continued to make giant strides in the development of vital sectors and tackling the unemployment of youths in the state even in the midst of harsh economy conditions in the country.
“Despite the fluctuating fortunes of the economy in the last three-and-a-half years, I humbly note that our state has continued to forge ahead.” Okowa said.
“Workers are paid regularly, thousands of previously unemployed youths are gainfully employed, and many of our people now enjoy better facilities in terms of roads, water, education and health,” he added.
In a state where agriculture is one of the main source of income of the people, Okowa said the sector has received strong considerations with cluster farms springing up all over the state.
“Agriculture has received a strong boost with many cluster farms springing up in different parts of the state and, even more importantly, our people remain committed to peace and harmonious living.
“We shall build on this stable growth to position Delta State as a dynamic economy for the future; indeed, a stronger Delta beckons.” he said.
Interestingly, road construction and education are to gulp 29 per cent of the budget, with roads getting N79.6 billion, while the education sector would gulp the sum of N26.8 billion in the budget of sustainable growth for Deltans.
Copyright © 2020 Totorinews.com All rights reserved. The information contained in Totorinews.com may not be published, broadcast, rewritten, or redistributed without giving due credit to Totorinews.com as the source.
