ASABA – Governor Ifeanyi Okowa Delta State has presented a budget proposal of N389,190,799,362 to the state’s House of Assembly.
The budget is christened “Budget of Sustained Development”.
In the sectoral highlight, Okowa said N217,641,415,047, which represents 55.92 per cent of the total package, was for capital expenditure and put the recurrent expenditure, which is 44.08 per cent, at N171,549,384,315.
The sum of N9.7 billion was proposed to deliver on quality healthcare and N1.5 billion was set aside to boost the performance of his empowerment programmes.
While the Governor earmarked N84.54 billion for the Ministry of Works in the fiscal year for roads cum physical infrastructure, N31.6 billion was provided for education, which was tagged “Building a Knowledge Economy”, in the presentation.
He said the intention was to continue to reposition the education system of the state to equip youths for the new world of rapid change and digital revolution.
He said, “I don’t think I need to say much about improving roads and physical infrastructure. We must continue with significant investments in this sector to connect our communities, renew our urban centres, boost commerce and provide a more civilized living environment for our people.”
He said this was done for his administration to be consistent with its agenda to spend more on projects and programmes that would impact directly on the socio-economic well-being of the people.
He maintained that the budget was reasonable enough to accommodate the welfare package of the civil servants and meet the future of Asaba International Airport.
The Governor hailed the candour and civility in which the Assembly had conducted its business
Meanwhile, the Speaker of the state Assembly, the Speaker, Sheriff Oborovwori, promised speedy passage for the development and partnership to build a stronger Delta that would stand on the tripod of prosperity, peace and progress.
In his remarks on Wednesday, shortly after the presentation of the 2020 budget, the Speaker said that the budget was another milestone in the transformation and development that Deltans have witnessed since the beginning of the Okowa administration.