Enugu State Governor Ifeanyi Ugwuanyi has presented a N98.5 billion budget to the House of Assembly.
He noted that it is his third budget presentation aimed at sustaining economic growth.
The “Budget of Sustainable Economic Growth” has a capital expenditure of N37.84 billion and recurrent expenditure of N60.776 billion.
The Ministry of Works got the highest allocation, followed by Education, with N6.238 billion.
Others are Health (N3.7 billion); Rural Development (N2 billion); Housing (N1.18 billion); Water Resources (N782 million); Agriculture (N707 million) and Commerce and Industry (N250 million).
On expected receipts, Ugwuanyi said the government would get N43 billion from statutory allocation and N2.5 billion from Internally Generated Revenue (IGR).
The governor said the budget was articulated in line with the state’s mid-term expenditure frame work, whose basis was formed by the success of the 2017 budget.
“It’s a multi-year prospective budget and our determination is to surpass the past achievements,” Ugwuanyi promised.
The Speaker, Edward Uboshi, promised that the budget will get accelerated passage.
