2023: Akwa Ibom Assembly passes N700 billion budget
Akwa Ibom House of Assembly passed a N700 billion budget for 2023 into law on Thursday in Uyo.
The budget is made up of N344.005 billion in recurrent expenditure and N355.995 billion in capital expenditure.
The parliament increased the executive’s proposal by 0.4 per cent following a report by the Committee on Finance and Appropriation chairman, Uduak Odudoh.
Governor Udom Emmanuel proposed a budget of N697.005 billion on November 7 for consideration by the legislators.
The parliament urged the executive to ensure the prompt and commensurate release of funds to ministries and agencies for the execution of projects and programmes in the budget.
Its speaker, Aniekan Bassey, commended the House Committee on Finance and Appropriation for the quick passage of the budget.
He said the lawmakers would continue to build a robust and impactful relationship with other arms of government to foster development and growth in Akwa Ibom.
Mr Bassey commended ministries and government agencies that defended their budgets.
Meanwhile, the parliament adjourned its plenary session until January 5, 2023.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Africa
Rwanda spent $32 million on fuel subsidies in four months: Minister
He said the subsidies were to shield consumers and businesses from surging oil prices triggered by the conflict in the Middle East.
Heading 3
FG to integrate 80 million Nigerian students into NIMC database
He said the ministry had integrated the National Learners’ Identification Number (LIN) with the NIN through the Nigeria Education Management Information System (NEMIS).
Lagos
LCDA unveils plan to reconstruct motor park in Badagry
The LCDA chairman said the reconstruction aimed to reposition the Morogbo market into a modern commercial hub.
Africa
Uganda: UN says no new Ebola cases reported in 17 daysÂ
The UN said Uganda has not recorded new Ebola cases in 17 days.
NationWide
TETFund expands 2026 research fair to boost innovation, commercialisation
He said the initiative aimed to transform research findings into marketable products that would create jobs, support local manufacturing, and contribute to national development.
Abuja
We’ll transform Wasa to modern, vibrant commercial FCT hub, says Tinubu
The president said his administration would transform Wasa by providing premium infrastructure.
