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Thursday, December 6, 2012

Ekiti State Governor Presents N93.6b, 2013 Budget To House of Assembly

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Ekiti State Governor Presents N93.6b, 2013 Budget To House of Assembly
Dec 6th 2012, 23:27

The Ekiti State governor, Kayode Fayemi has presented a budget proposal of N93, 616,830. 01 billion for year 2013 to the House of Assembly.


 

 

 

 

 

 

 

The "Budget of Empowerment and Consolidation" has a proposed recurrent expenditure of N46, 416,141,231 representing 49.6 per cent of the total budget estimate, while capital expenditure is N47, 200,688,770, representing 50.4 per cent.

Presenting the Appropriation bill, Fayemi said infrastructure would gulp 21.2 per cent of the total budget, education 17.2 per cent and health sector. 10.7 per cent. Agriculture sector would get three per cent, industry 3.3 per cent; tourism 1.7 per cent, while women empowerment, gender and sports would get 2.3 per cent.
In a further analysis, Fayemi stated that N9.9 billion would be expended on road projects even as he said that three divisional headquarters in the state- Ikere, Ikole and Ijero would have their township roads reconstructed and get street lights as part of government's urban renewal plan in Ekiti State.
According to a statement, the budget would also focus on water projects with N2.4 bilion budgeted for the rehabilitation of all major dams, while N2.163 was budgeted for the rehabilitation of all the General Hospitals and special Comprehensive Health Centres and furnishing of same.

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