The Delta State House of Assembly has today passed the 2021 Appropriation Bill worth N384 billion, thus indicating an increase of 1.6% from the sum of N378.4 billion that the state governor had earlier presented.
This is according to a report by the News Agency of Nigeria.
READ: Senate to probe NEPZA over 14.3 billion illegal transfer
The approval of the appropriation bill is sequel to a report presented by the Deputy Chairman, House Committee on Appropriation, Mr. Festus Okoh, to the lawmakers during the plenary in Asaba.
This was immediately followed by a motion for third reading and passage of the bill raised by the majority leader of the assembly, Mr. Tim Owhefere.
READ: Senate investigates Nigerian banks over ATM, SMS, and maintenance charges
The motion was unanimously adopted when put to a voice vote by the speaker. Mr. Okoh remarked that the budget is an affirmative reminder of the government’s effort to shore up productivity and propel the state economy on the path of growth.
READ: Federal Mortgage Bank disburses additional 8,700 homes, N112 billion in three years
What they are saying
Commenting on the appropriation bill, Mr. Festus was quoted as saying: “It will also help to improve processes and systems in public financial management, monitoring, and evaluation for better service delivery. . .It will as well increase opportunities for youths, women and unemployed graduates under various jobs and wealth creation programme.”
READ: Kano allocates N1.5 billion for road maintenance in 2021
What you should know:Â Â
- The Governor had earlier presented a budget proposal for 2021 worth N378.4 billionÂ
- However, the appropriation bill passed to law is 16% higher and amounts to N384 billionÂ
- The sum of N173 billion is budgeted for recurrent expenditure, while the sum of N210 billion is meant for capital expenditure.Â
