x

Delta State Approves N936 Billion Budget Proposal for 2025

By Anne Azuka

The Delta State Executive Council (Exco) has approved a proposed budget of N936 billion for the 2025 fiscal year. This decision was made during an Exco meeting presided over by Governor Sheriff Oborevwori.

Following the meeting, the State Commissioner for Economic Planning, Mr. Sonny Ekedayen, revealed that the budget allocates N587.4 billion (62.75%) to capital expenditures and N348.7 billion (37.25%) to recurrent expenditures. Ekedayen, accompanied by the Commissioners for Information, Works (Rural and Riverine Roads), and Riverine Infrastructure, noted that the budget is based on an exchange rate of N1,300 per dollar.

Ekedayen commented, “This budget of N936,078,818,719 is divided into N587.4 billion for capital and N348.7 billion for recurrent expenses. The budget reflects our commitment to key sectors and a balanced approach between expenditures.”

He added that the proposed budget is 29.12% larger than the 2024 budget, underscoring the state’s commitment to development in agriculture, youth empowerment, infrastructure, healthcare, and education. Ekedayen also emphasized that the budget will be fully funded without borrowing, relying primarily on allocations from the Federal Accounts Allocation Committee (FAAC) and internally generated revenue, which is projected to reach N140 billion.

Commissioner for Information, Dr. Ifeanyi Osuoza, stated that Exco approved numerous projects benefiting communities across Delta State. With the two-year anniversary of the current administration approaching, Exco urged all ministry heads to ensure quality oversight, insisting on high standards and no tolerance for substandard work.

Among the other resolutions, Exco confirmed key appointments, including HRM Dr. Greg N. Oputa as the Obi of Aboh in Ndokwa East and Professor Epiphany Azinge, SAN, as the Asagba of Asaba in Oshimili South. Several infrastructure projects were also approved, including road rehabilitations and new constructions across the state, such as the Ugwhrughelli/Ehidi road, Amechi Aguisi Street in Asaba, and the oil road in Jeddo, Okpe LGA.

The Commissioner for Works, Rural and Riverine Roads, Mr. Charles Aniagwu, noted that contractors delayed on projects for over a year without progress will face review. Aniagwu highlighted approved projects like the Uzere Asaba-Ase Bridge reconstruction and internal roads in Isoko South and Ika North East.

The Commissioner for Riverine Infrastructure, Hon. Ebikeme Clark, added that Exco ratified the Governor’s approval for constructing a Model Secondary School in Oporoza and an access road to the Nigerian Maritime University in Okerenkoko. He praised the Governor’s commitment to riverine communities, stating that these developments align with the administration’s dedication to opening up communities for business and growth.

Hot this week

Sokoto Govt Flags Off Food Distribution for Vulnerable Groups

By Muhammad Ibrahim, Sokoto The Sokoto State Government says it...

CROSSJOF Hails Hon. Nyiam As Champion of Fight Against Illicit Drug Abuse in Boki LGA

By Joyce Remi-Babayeju Cross River State journalists in Abuja under...

Plateau Drug Agency Visits Langtang North Over Reports of Substandard Products

By Israel Adamu, Jos The Plateau State Drugs and Medical...

Delta Govt Says Brazil Visit to Unlock Industrial Growth, Job Creation

By Anne Azuka The Delta State Government says its recent...

A’ibom committed to industrial Cluster Development

By Ogenyi Ogenyi, Uyo Akwa Ibom State government has restated...

A’ibom moves to end epileptic electricity at Summit

By Ogenyi Ogenyi,,Uyo In a renewed move to end electricity...

WIELD-I to Protest Against NAFDAC Over Toxic Chemicals, Fake Drugs

…Calls for Removal of Prof. Mojisola Christianah Adeyeye The Women’s...

Calls for Reform Dominate Global Governance Initiative Seminar in Abuja

Nigerian and Chinese officials, scholars, and policymakers have called...

Senator Lalong Congratulates Plateau APC Woman Leader Alice Dimlong at 50

Senator Simon Bako Lalong, representing Plateau South Senatorial District...

Sokoto Govt Flags Off Food Distribution for Vulnerable Groups

By Muhammad Ibrahim, Sokoto The Sokoto State Government says it...

AIG Adenola Calls for Strong Police-Media Partnership in Bayelsa

The Assistant Inspector General of Police in charge of...

NAPS Backs Kogi Poly on Fees Increment, Shelves Protest

By Noah Ocheni, Lokoja The National Association of Polytechnic Students...

Only Traitors Wish For Nepal-Style Protest In Lagos, Says Group

The Defend Nigeria Movement (DNM) has joined in warning...

Related Articles

Popular Categories

spot_imgspot_img