Ebonyi gov signs N101.1b Appropriation Bill into law

Umahi

Umahi

Governor David Umahi of Ebonyi State yesterday signed the 2016 Appropriation Bill into law. The budget is expected to pursue government’s urban renewal drive, ensure efficient health care services and boost agriculture.

The governor, while performing the function at the Government House, Abakaliki, stressed his administration’s deep desire to assist Ebonyi indigenes hawking on the streets of major cities in the country.

According to him, his administration was determined to help them engage in a more dignified ventures adding that assisting indigent widows was paramount.
“The government will in 2016 assist indigent widows, pursue its urban renewal drive, ensure efficient health care services, boost agriculture and address the plight of Ebonyi people,” Umahi assured.

He stressed that his administration would focus on agriculture and internally generated revenue to make the state buoyant and self-sustaining.
Umahi lauded the state House of Assembly for the timely passage of the bill and called for stronger collaboration in the implementation of the budget.

He said, “The chunk of the budget, or 20 per cent of it (about N20 billion), is expected to come from agriculture; we also expect more than N60 billion to come from Internally-Generated Revenue (IGR). We expect to borrow about N17 billion from the capital market and financial houses.

Unfortunately, from the time we proposed this budget to today, the expected inflow from Federation Account, which stands at about N36 billion, at N3 billion per month has gone down by about 33 per cent.”
Speaker of the House of Assembly, Francis Nwifuru, had explained that the budget went through normal process before being passed.
The 2016 budget proposal was submitted to the Assembly on December 10, 2015.

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