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Gov. Adams Oshiomhole
Edo State Governor, Adams Oshiomhole, on Tuesday presented an estimated budget size of N156.551bn for the 2015 fiscal year to the Edo State House of Assembly.Tagged “Budget of Developmental Consolidation,” the governor explained that the budget was designed to achieve the consolidation of his administration’s development agenda, with continuous focus on the core priority sectors of the government, which include infrastructure, education and health, in terms of resource allocation and injection of new investments.
The fiscal budget comprises N87.56bn as Capital Expenditure, representing 55.77 per cent of the total budget and a proposed Recurrent Expenditure of N68.99bn, which represents 44.23 per cent of the total budget.
According to the governor, the sum of N18.5bn was proposed for the environment sector, education, N18.1bn; road infrastructure, N16.95bn; health N9.295bn; judiciary, N2.955bn; agriculture, N1.005bn, water resources and water supply, N0.981bn and N0.500bn for rural electrification in the capital budget for the energy sub-sector.
Oshiomhole said, “With the giant strides we recorded since we came on board, I make bold to say that 2015 holds a bright future for our people. We will continue to stand on our well articulated development strategy and our key priorities, which will enable us to focus and deploy resources in a more prudent, efficient and effective manner.”
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Gov. Adams Oshiomhole
Edo State Governor, Adams Oshiomhole, on Tuesday presented an estimated budget size of N156.551bn for the 2015 fiscal year to the Edo State House of Assembly.
Tagged “Budget of Developmental Consolidation,” the governor explained that the budget was designed to achieve the consolidation of his administration’s development agenda, with continuous focus on the core priority sectors of the government, which include infrastructure, education and health, in terms of resource allocation and injection of new investments.
The fiscal budget comprises N87.56bn as Capital Expenditure, representing 55.77 per cent of the total budget and a proposed Recurrent Expenditure of N68.99bn, which represents 44.23 per cent of the total budget.
According to the governor, the sum of N18.5bn was proposed for the environment sector, education, N18.1bn; road infrastructure, N16.95bn; health N9.295bn; judiciary, N2.955bn; agriculture, N1.005bn, water resources and water supply, N0.981bn and N0.500bn for rural electrification in the capital budget for the energy sub-sector.
Oshiomhole said, “With the giant strides we recorded since we came on board, I make bold to say that 2015 holds a bright future for our people. We will continue to stand on our well articulated development strategy and our key priorities, which will enable us to focus and deploy resources in a more prudent, efficient and effective manner.”
- See more at: http://news.bestnaira.com/posts/view/oshiomhole-presents-n156551bn-2015-budget#sthash.yR3FwiFW.dpuf
Edo State Governor, Adams Oshiomhole, on Tuesday presented an estimated budget size of N156.551bn for the 2015 fiscal year to the Edo State House of Assembly.
Tagged “Budget of Developmental Consolidation,” the governor explained that the budget was designed to achieve the consolidation of his administration’s development agenda, with continuous focus on the core priority sectors of the government, which include infrastructure, education and health, in terms of resource allocation and injection of new investments.
The fiscal budget comprises N87.56bn as Capital Expenditure, representing 55.77 per cent of the total budget and a proposed Recurrent Expenditure of N68.99bn, which represents 44.23 per cent of the total budget.
According to the governor, the sum of N18.5bn was proposed for the environment sector, education, N18.1bn; road infrastructure, N16.95bn; health N9.295bn; judiciary, N2.955bn; agriculture, N1.005bn, water resources and water supply, N0.981bn and N0.500bn for rural electrification in the capital budget for the energy sub-sector.
Oshiomhole said, “With the giant strides we recorded since we came on board, I make bold to say that 2015 holds a bright future for our people. We will continue to stand on our well articulated development strategy and our key priorities, which will enable us to focus and deploy resources in a more prudent, efficient and effective manner.”
- See more at: http://news.bestnaira.com/posts/view/oshiomhole-presents-n156551bn-2015-budget#sthash.yR3FwiFW.dpuf
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