N153.2billion Edo State Budget Singed By The Executive Governor Godwin Obaseki

The executive governor of Edo State Godwin Obaseki has signed this year’s Appropriation Bill of N153.2 billion into law as well as a bill for the amendment of the state’s Contributory Pension Act.

While speaking to the state Assembly he said:

 “A budget of consolidation and prosperity”, adding that it would consolidate on achievements of previous administration and lead to prosperity.

 “It was clear in our minds that we want to appropriate more money to the civil service. I am grateful that you have retained all we asked for.

“Without improving the conditions of the civil service, we will not be able to get the level of productivity required from them.”

“We have cut off from the old system and the responsibility we have now is to settle all outstanding pension issues.

“We now have a scheme which will not have pension deficit in future.”

The governor also pledged that his administration will create 500 agro-entrepreneurs and the approval by the Nigerian Universities Commission (NUC) to run Taiwo Akpata University of Education.

Speaker of the house, Justin Okonoboh, said: “Today, we are ready with the Appropriation Bill and I am excited to present it to Mr Governor.”

The Budget of N150 billion presented to the State Assembly on December 19, for consideration and passage consists of N75.11 billion for capital expenditure and N74.9 billion for recurrent expenditure.