By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Okowa presents N561.8bn budget to Delta Assembly for 2023
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

Okowa presents N561.8bn budget to Delta Assembly for 2023

Adamu Abubakar
By Adamu Abubakar
Published: October 28, 2022
Share
2 Min Read
SHARE

Governor Ifeanyi Okowa and Vice-presidental candidate of the Peoples Democratic Party (PDP) in the 2023 elections has presented a N561bn budget to the Delta State House of Assembly for 2023.

In his presentation, Okowa said the budget would be funded through federal allocation, Internally Generated Revenue and receipt from other sources.

He said; “The review of our performance in the outgoing fiscal year constitutes a good background for the presentation of what we have outlined to achieve in the incoming fiscal year. It is our expectation that all spending proposals for the 2023 budget must be guided by the principles of fiscal discipline, transparency, accountability, and prudent utilisation of scarce resources.

“It is important to emphasize that the 2023 budget is targeted at strengthening the achievements made by this administration since 2015. We intend to maintain our policy thrust of prudent management of resources, budget discipline, observance of due process, ensuring good value for money, completion of ongoing projects, provision of basic infrastructure, general increase in agricultural production, improving the livelihood of those in the lower rung of the economic ladder and enhancement of Internally Generated Revenue.”

- Advertisement -

Others, according to the governor, include general increase in agricultural production, improving the livelihood of those in the lower rung of the economic ladder and enhancement of Internally Generated Revenue.

The governor disclosed that in preparing the budget, macro-economic framework for the 2023-2025 Medium Term Expenditure Framework and the Fiscal Strategy Paper as well as the National Inflation consumer prices, the real GDP growth, derived from the National Bureau of Statistics and the Federal Government’s assumptions for the preparation of the 2023 Budget were considered.

Speaking during the budget presentation, Speaker of the House, Sheriff Oborevwori, commended the governor for the giant strides recorded by his administration in infrastructural and human capital development in the last seven and half years.

Oborevwori stated that Dr Ifeanyi Okowa’s model entrepreneurship development programmes have rescued many youths and women from unemployment and underemployment.

- Advertisement -

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:Ifeanyi Okowa
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
Previous Article Court fixes Nov 18 to hear Nnamdi Kanu’s suit against AGF, Malami
Next Article 5 simple ways to fund your business ideas

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 4 days ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Tinubu Urged by PDP to Cut Fuel and Electricity Costs Amid Eid-el-Kabir Festivities
News
Mike Ejeagha
Mike Ejeagha, Nigerian Highlife Maestro, Dies at 95
News
Tinubu Welcomes Gov Eno to APC as Political Realignments Intensify Across States
Politics Top stories
Super Eagles Rally to Draw Against Russia in International Friendly
Sport
Manchester United Raises Annual Core Profit Forecast to Between £180m and £190m After Europa League Boost
Sport
- Advertisement -
Ad imageAd image

You May Also Like

Ange Postecoglou
Sport

Tottenham Hotspur Part Ways with Ange Postecoglou Despite Europa League Glory

Yusuf Abubakar
Yusuf Abubakar
June 6, 2025
News

Dangote Names Main Refinery Access Road “Bola Ahmed Tinubu Road” in Honor of President

Muhammad A. Aliyu
Muhammad A. Aliyu
June 6, 2025
L-R: Ify Okoye, Digital Creator; Linda Ejiofor-Suleiman, Actress; Stella Erebor, Head Internal Audit, Nigerian Communications Commission; Emanuella Samuel, Comedienne/Actress, Sylvia Musalagani, Safety Policy Manager, Africa, Middle East & Turkey (AMET), Meta, and Nicole Chikwe, founder of The Mummy Summit, during the launch of Instagram teen accounts in Lagos on Wednesday, June 4, 2025
Tech

Meta Launches Teen Accounts on Instagram in Nigeria to Enhance Online Safety for Young Users

Farouk Mohammed
Farouk Mohammed
June 6, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?