Posted by Charles Iwuoha, Enugu | 27 December 2019 | 385 times
Governor Ifeanyi Ugwuanyi of Enugu State today, Friday, December 27, 2019, signed into law the Enugu State 2020 Appropriation Bill.
The appropriation bill of a total of N169,557,658,300 is made up of a Capital Expenditure budget of N100,767,658,300 i.e. 59% of the total budget and Recurrent Expenditure of N68.790 billion, being 41% of total budget. The budget was passed by the Enugu State House of Assembly on December 24.
This budget, which is a result of Constructive Stakeholder and Inter-governmental Engagement, spanning over four months, is tagged “Budget of Responsive and Accountable Governance”. It is aimed at continued robust investment in infrastructural development, which includes the construction of 17 small scale industries with at least one in each local government of the state and the completion/reactivation of legacy projects including: Presidential Hotel Enugu; Enugu International Conference Centre; Nike Lake Resort Hotel; Michael Okpara Square; construction of an ultra-modern 3,000-capacity multi-purpose arena; and construction work at the ADADA Campus of the Enugu State University of Science and Technology, in line with the Multi-campus Law as passed by the State House of Assembly.
The Recurrent Expenditure of N68.790 billion aimed at ensuring smooth running of government, its agencies and departments, also accommodated expected expenditure arising from the consequential adjustments on the new minimum wage.
Governor Ugwuanyi expressed gratitude to the Speaker and members of the House of Assembly “for the commitment to duty and harmonious relationship with the Executive, which has resulted in the unprecedented peace and development being experienced in Enugu State today.”
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