presents

Umahi Presents ₦178bn Budget For 2020

December 13, 2019 2:43 pm

David Umahi of Ebonyi on Friday, presented a budget of ₦178.1 billion for 2020 to the state House of Assembly. The budget was lower than the 2019 figure of ₦188.4billion.

Umahi while presenting the budget, tagged ‘budget of growth, consolidation, and transformation, expressed appreciation to the House and other critical stakeholders who ensured the effective implementation of the 2019 budget.

The governor said that the budget has a recurrent expenditure of N46.08 billion representing 25.8 per cent and capital expenditure of N132 billion representing 74.1 percent.

“The increase in the capital expenditure is due to the borrowing from the …

Ahiajoku

Ohakim Presents New Ahiajoku Lecture Logo To Ihedioha

November 22, 2019 5:22 pm

Former Governor Ikedi Ohakim has presented the new Ahiajoku lecture series logo to Governor Emeka Ihedioha of Imo State for its unveiling as a prelude to the 40th anniversary of the lecture series.

The presentation ceremony took place at the Executive Council Chambers of Government House, Owerri. Governor Ihedioha said the logo symbolises the enduring significance of the Ahiajoku festival and its pride of place in Igbo culture.

The festival started 40 years ago;from being a lecture series, Ahiajoku over the years has transformed to a festival – and lately to an institute.

Ohakim, who is the chairman of the …

Kogi: Collation Officer Presents ₦50,000 Bribe

November 17, 2019 7:36 am

A collation officer of the Independent National Electoral Commission (INEC) in Kogi state on Sunday presented a N50,000 bribe politicians offered to a presiding officer in Igalamela-Odolu local government area of the state during Saturday’s election.

There was widespread financial inducement by politicians during the election.

The collation officer presented the money at the INEC headquarters in the state while submitting the result of the local government he coordinated.

 

VANGUARD…

Gov. Obaseki Presents ₦177bn Budget For 2020

November 13, 2019 3:52 pm
Gov. Godwin Obaseki of Edo on Wednesday presented a budget of ₦177 billion for 2020 to the state House of Assembly for approval.

The News Agency of Nigeria (NAN), reports that the budget is 3.34 per cent higher than the 2019 figure of N175 billion.
The budget has N85 billion recurrent expenditure and ₦92 billion capital expenditure.
Obaseki said the budget was to consolidate and complete all ongoing projects in the state.
“The projected revenue for 2020 is estimated at ₦145 billion consisting of N68 billion statutory allocation, N14.5billion VAT, N40.3 billion Internally Generated Revenue (IGR), 15.3billion grants.

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Fayemi Presents ₦124.7b Budget Estimate To Ekiti Assembly

November 9, 2019 4:32 pm

Ekiti State Governor Kayode Fayemi has presented the 2020 Appropriation Bill of ₦124, 724,869,355.95 to the House of Assembly. The bill, which is christened ‘Budget of Deliverables’, has ₦53,538,093,806.59 (43 per cent) as capital expenditure, while the recurrent expenditure is ₦71,186,775,549.36 (57 per cent). Fayemi said the budget was tailored after his administration’s five-pillar agenda for development, which is aimed at enhancing good governance and speedy economic transformation of the State.

The breakdown of the budget along the five pillars give Agriculture and Rural Development N3,677,992,233.29 (three per cent), Knowledge Economy N24,704,934,736.29 (20 per cent); Social Investments ₦11,188,372,994.37 (nine …

Sanwo-Olu Presents ₦1.168trn 2020 Budget

Sanwo-Olu Presents ₦1.168trn 2020 Budget

November 8, 2019 1:31 pm

Lagos State Governor, Babajide Sanwo-Olu, on Friday presented a budget of ₦1.168 trillion to the Lagos State House of Assembly for approval for the 2020 fiscal year. The budget is higher than the 2019 appropriation bill by 34 per cent.

According to the Governor, Capital Expenditure amounts to ₦723.75 billion while Recurrent Expenditure is ₦444.81 billion, giving a capital to recurrent ratio 62:38 percent.

Sanwo-Olu disclosed that the proposed budget will be funded by a projected revenue inlay of ₦1.071 trillion and a deficit amounting to N97.53 billion.

“This, in our view, is strong for development. We have placed …

Okowa Presents ₦389.19bn As Delta 2020 Budget

Okowa Presents ₦389.19bn As Delta 2020 Budget

November 7, 2019 4:12 am

Delta State Governor, Dr. Ifeanyi Okowa, wednesday presented the 2020 Appropriation Bill of N389,190,799,362 approximately N389.19 billion to the state House of Assembly.

Okowa noted that he was presenting the 2020 Budget Estimates, christened Budget of Sustained Development ‘’from a position of cautious optimism’’ due to certain prevailing circumstances in the country.

Read Also: Iheme-Nwosu: Lawyers Boycott Courts In Edo, Imo

The budget estimate comprised Recurrent Expenditure of N171,549,384,315 and Capital Expenditure of ₦217,641,415,047.

This disparity between total recurrent and capital estimates signalled a positive development, indicating that the state government intended to spend more on capital projects than recurrent …

Kogi Guber: INEC Presents Voters Register To Parties

October 14, 2019 11:55 am

The Independent National Electoral Commission (INEC) has presented register of voters to 23 political parties ahead of the Nov. 16, Kogi governorship poll.

Alhaji Mohammed Haruna, the INEC National Commissioner in charge of Kogi, Kwara and Nasarawa States, presented the register to the parties at a brief ceremony in Lokoja on Monday.

Haruna urged them to cooperate with INEC in its bid to ensure free, fair, credible, conclusive and acceptable election.

He also urged them to ensure issue-based campaigns and refrain from violence and hate speech.

The state INEC Resident Electoral Commission (REC), Prof. James Apam, reminded the parties of …

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