December 07, (THEWILL) – Governor Francis Nwifuru of Ebonyi State has presented a total of N202,127,108,107bn to the State House of Assembly for the 2024 fiscal year.
The Governor presented the 2024 budget christened “Budget of Progress and Innovation” to the Assembly on Thursday, at the Assembly complex, Nkaliki in the Abakaliki Local Government Area of the State.
He urged the Assembly to give the budget accelerated hearing to enable him to provide dividends of democracy to the people of the State.
Presenting the budget, the Governor noted that the overhead cost of the budget stands at N42,162,100,000 bn.
“Overhead cost N42,162,100,000bn. The sectoral analysis of the recurrent expenditure is contained in the table attached to the budget.
“The Administrative sector is 49.67%, the economic sector 24.49%, the Law and Justice sector 2.99%, the regional sector 0.05%, and the Social sector 28.78%.
“In the highlight of a capital project, the capital expenditure is 132,804,740, totalling a budget of N202,127, 918, 907.
“The above shows as a percentage analysis, the capital expenditure stands at 66% while the recurrent expenditure stands at 34%.
“Distinguished ladies and gentlemen, permit me to lay before you, the proposed 2024 budget in the sum of N202,127,108,107.
“I look forward to the accelerated hearing of this budget so that we can proceed as partners to deliver dividends of democracy to our dear citizens,” he stated.
The Governor noted that the heartbeat of priority of his administration was on health and education sectors where he envisaged a transformative impact on the lives of the people of the State.
“Imagine a state where every citizen, regardless of their location, has access to world-class health services.
“Our ongoing efforts to upgrade all the 13 general hospitals across the state are not just infrastructural enhancement. They are pathways to healing and hope,” the Governor stated.
Sunday Ogbu is a professional journalist with eight - twelve years experience that had worked with various print and online media. Sunday specializes in news reporting with the aim of educating his readers on current social, political and economic occurences within his area of coverage. Sunday is a strong force to work with in the media industry and uses his positive attitude and tireless energy to encourage others to work hard and succeed. Sunday is inspired daily by his wife and their four children. In his free time, Sunday likes sight-seeing, reading and discussing issues of societal interest.
