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    Home»Business & Economy»Gov Okowa Presents N71bn Supplementary Budget For Approval
    Business & Economy

    Gov Okowa Presents N71bn Supplementary Budget For Approval

    Alexandra Dominic-ChukwuBy Alexandra Dominic-ChukwuMay 17, 2023Updated:May 17, 2023No Comments2 Mins Read
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    ENUGU, Nigeria (VOICE OF NAIJA)- The Delta State Governor, Ifeanyi Okowa, has presented a N71 billion 2023 supplementary budget to the State House of Assembly for approval.

    This was contained in a letter read during a plenary presided over by the Deputy Speaker, Christopher Ochor, in Asaba, on Tuesday.

    Governor Okowa said the budget comprised N5.6 billion in recurrent expenditure and N65.5 billion in capital expenditure.

    He said: “May I wish to note that there has been an actual and projected increase in some fiscal receipts.

    READ ALSO: Okowa Didn’t Sign Law On Govs’ New Retirement Benefits — Commissioner

    “Consequently, the supplementary budget has become necessary for appropriation to pay for some critical projects and activities of government and fund ongoing projects across the state in the year 2023.

    “In the light of the foregoing, it would be greatly appreciated if the draft 2023 Supplementary Appropriation Bill is placed before the House at its earliest convenience for consideration and passing into law.”

    The Majority Leader, Ferguson Onwo, moved a motion for the first reading of the budget, which was unanimously adopted when put to a voice vote by the deputy speaker.

    Also, during the plenary on Tuesday, the House Joint Committee on Rules, Business, Legal and Judicial Matters and Special Committee on Bills presented its report on a bill to provide for the state’s Compulsory Treatment and Care of Victims of Gunshots.

    Presenting the report, the Chairman, House Committee on Rules, Business, Legal and Judicial Matters, Charles Oniyere, said the joint committee worked tirelessly to deliver within the allotted time frame given to it.

    Oniyere said that after meticulous examination and scrutiny of the bill, the committee made some far-reaching recommendations for the approval of the House.

    The report will be considered by the Committee of the Whole next week.

    Delta State Delta State Budget Delta State News Ifeanyi Okowa
    Alexandra Dominic-Chukwu

    Alexandra Dominic-Chukwu is based in the eastern region of Nigeria. She covers politics, news writing, feature stories, among others. She has multitasking skills and can easily adapt to any working condition. She enjoys reading and writing.

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