Finance

Enugu State Govt budgets N186b for 2022 fiscal year

Governor Ifeanyi Ugwuanyi of Enugu State on Tuesday presented a budget proposal of N186 billion to the Enugu state House Assembly.

Tagged budget of ‘Sustained growth and consolidation’ the Governor expressed determination to complete all ongoing projects.

He listed new road projects across the state, bridges, schools, and a new stadium in Oji River, among other projects.

The Governor noted that the 2022 budget is 9.9 per cent higher than last year’s.

The recurrent expenditure according to the budget will take N71.447billion which represents 38.00 per cent while the capital budget gets N115.158billion which represents 62 per cent of the 2022 budget.

The 2022 budget, the Governor said, is part of their 8-point agenda stressing that the 2021 budget achieved most of its set out agenda despite the economic hardship occasioned by the COVID-19.

Landmark projects in the 2022 budget include the completion of all ongoing projects viz-a-viz construction of Flyover at T-junction by Nike lake Resort centre, Nike Road, Abakpa Nike, purchase of 10 tractors, provision of agricultural inputs, establishment and reconstruction of abattoirs, purchase of waste disposal compactor trucks and dump sites.

While thanking the House of Assembly members for their robust support, the Governor praised them for the speedy passage of the 2021 budget and urged them to continue supporting his administration like they have always done.

In his reaction, the Speaker, Rt. Edward Ubosi, praised the Governor for not going for bogus budgets.

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