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News

Fayose Presents N93bn Ekiti Budget for 2017 In Military Camouflage

Farouk Mohammed
By Farouk Mohammed
Published: December 6, 2016
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FAYOSE


Ekiti State Governor on Tuesday stunned members of the state house of assembly and guests gathered at the assembly for his presentation of the 2017 budget when he appeared in military fatigue.

 

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FAYOSEEkiti State Governor on Tuesday stunned members of the state house of assembly and guests gathered at the assembly for his presentation of the 2017 budget when he appeared in military fatigue.Fayose told the gathering that his administration had budgeted N93 billion for 2017, comprising N31 billion from the Federation Account; N7 billion from Internally Generated revenue; N1 billion from Ecological Fund; and the rest from other sources.
fayoseFayose Presenting 2017 Budget
Fayose told the gathering that his administration had budgeted N93 billion for 2017, comprising N31 billion from the Federation Account; N7 billion from Internally Generated revenue; N1 billion from Ecological Fund; and the rest from other sources.

The sum of N38,427,507,894.60 was budgeted for capital projects and N55,028,891,248.80 for recurrent expenditure.

He listed the priority areas as follows: “It will be noted that the projects to be executed cut across every sector of our Six Cardinal Programmer. A large percentage however is allocated to infrastructure in our bid to ensure transformation of our Landscape with good roads, Modern Public Buildings, Potable Water and such like. Our Social Security Scheme will receive additional boost with provision for widows and women empowerment. The ongoing works on the Ado Ekiti Flyover bridge, Oja Oba Modern Market, Ikere Road Dualization, Construction of Governor’s Office and High Court Complex among others shall continue. We shall also dualize more roads in some Local Government Headquarters. We hope to complete some ongoing rural electrification projects and start new ones in Ile Ona, Iwaji, Igeede, Ilokun and Aba Igbira Waste Plant among others. We intend to boost our
capacity in Agriculture by supporting our farmers in Cocoa and Rice production.”

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ByFarouk Mohammed
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Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
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