Ekiti Assembly passes 109.6bn 2021 budget

  The Ekiti State House of Assembly, on Tuesday, passed N109,666,376,722.61 Appropriation bill for the state. Governor Kayode Fayemi had on ...

 

The Ekiti State House of Assembly, on Tuesday, passed N109,666,376,722.61 Appropriation bill for the state.

Governor Kayode Fayemi had on October 27, presented the budget of N109.6bn with the theme “Budget of Recovery and Economic Restoration.

The passage followed the submission of the report of the House Committee on Finance and Appropriation by its Chairman, Mrs Olubunmi Adelugbua at yesterday’s plenary.

Adelugba said Ministries, agencies and parastatals appeared before various Committees of the House for the defence of their estimates while a Public Hearing was organised on the bill with major stakeholders having opportunities to make contributions.

She said the organisation of the public hearing was in fulfillment of major requirements of the bill passage, adding that the 2021 budget estimates was consistent with the government Fiscal Policy.

Adelugbua disclosed that the budget covered all aspects of the five Pillars of Governor Kayode Fayemi administration developmental agenda.

According to her, the breakdown of the budget showed that governance takes over N29.3 billion, representing 27 per cent, Agriculture and Rural Development – N7.9 billion or seven per cent while Infrastructure and Industrial Development got N25.2 billion or 23 per cent.

Others are Social Investment with N25.3 billion or 23 per cent and Knowledge Economy with N22 billion or 20 per cent.

The majority leader, Gboyega Aribisogan, representing Ikole constituency 2 moved the motion for the adoption of the report and seconded by his counterpart, Mr. Ajibade Adeyemi before it was unanimously adopted by the House.

In his remarks, the Speaker, Funminiyi Afuye commended the committee and other members of the house for their efforts that led to the passage of the 2021 budget estimate.

He expressed optimism that the 2021 budget would be fully implemented in order for Ekiti people to continue to enjoy the superlative services and benefits inherent in democratic governance.

COMMENTS

Name

BBNaija,2115,Business,2711,CampusGist,1035,Celeb,4898,celebrities,240,Comedy,8,CONFESSION,11,Education,2287,Entertainment,5563,Fashion,367,Featured,626,Gist,2037,Health,682,Job,3,Lifestyle,873,Music,153,MY STORY,37,News,77894,Opinion,739,Poem,10,Politics,12723,Relationship,210,Sponsored Contents,31,Sports,15750,Style & Travel,47,Success Stories,264,Technology,342,Video,114,
ltr
item
Saga Gist - Top Source for Nigeria News: Ekiti Assembly passes 109.6bn 2021 budget
Ekiti Assembly passes 109.6bn 2021 budget
https://dailypost.ng/wp-content/uploads/2019/09/ekiti-assembly3.jpg
Saga Gist - Top Source for Nigeria News
http://www.sagagist.com.ng/2020/12/ekiti-assembly-passes-1096bn-2021-budget.html
http://www.sagagist.com.ng/
http://www.sagagist.com.ng/
http://www.sagagist.com.ng/2020/12/ekiti-assembly-passes-1096bn-2021-budget.html
true
3363430711841052055
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content