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Anambra Govt to invest N4b in completion of Airport

By John Ndu

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Anambra State government has revealed its resolve to further commence work at the State’s International and Passengers Airport, Umueri, Anambra East local government area.

The Commissioner for Budget and Economic Planning, Mrs Chiamaka Nnake said stated this during the budget break down, at the government House, Awka.

The budget break down was the summary of the N170 billion revised 2022 budget presented to the House of Assembly, last week.

The budget has been raised from the initial N141.9 billion approved by Governor Willie Obiano’s administration.

The Commissioner during the breakdown explained that “the revised budget size is about N170 billion versus the existing appropriation of N142 billion (with the capital expenditure accounting for 64% compared to 57% previously).

“Capital expenditure increased by 33% from N81 billion to N108 billion while Recurrent expenditure increased marginally by 0.79% from N60.9 billion to N61.4 billionRecurrent Expenditure Recurrent expenditure accounts for 36% of the budget size.

“The 0.79% increase in recurrent expenditure is due to an increase in personnel cost for the salary of teachers and health workers who are currently being recruited. Otherwise, every other recurrent cost stays flat.

“Capital Expenditure Capital expenditure accounts for 64% of the budget and about 60% of the capital budget is targeted at delivering infrastructure that the average citizen can feel, see, use or touch and which have the highest developmental impact.

“Budget allocation across our priorities include: Works: About N54 billion or about 50% of the Capital budget is for the Ministry of Works and Infrastructure and we intend to simultaneously invest in roads in most of the local governments, paying special attention to our urban regeneration agenda.

“On Transport, to support traffic decongestion and road management, the budget for transport was increased by 61% to N1.6bnSecurity and Law and Order: We left the budget on security unchanged at N9bn while we count on off budget resources from donations to augment.

“Water and Power, We have allocated N2.3bn. Community Choose your project, we have budgeted 25 million per Community. On youth, the budget for the Youth increased by over 300% to N2.4bn for commencing the programme on creating 1,000 youth Millionaires per annum (apprentices and traders).

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“ICT – ICT budget increased by over 700% to N1.3bn to commence the ICT-Businesses Innovation Hubs and training of 100,000 Youths.

“Agriculture, we have budgeted N700mn to commence the annual Oil Palm and Coconut RevolutionEducation- We would be recruiting and training teachers and renovating some schools. We budgeted N1.1bn.

“Healthcare, we will be employing doctors/health workers; upgrading hospitals. We budgeted a N2.9bn.

“Reforming/Digitizing IGR Collection – We budgeted N1.2bn for reforming and digitizing IGR collection process. We budgeted N2.5bn for setting up a leisure/entertainment park in Agulu-Lake.

” We budgeted N4bn for continuing work at the Airport. We budgeted N2bn for construction of new Government House and Governor’s LodgeWe plan to meet our counterpart funds with development partners.

“We have budgeted N5bN in Ministry of Budget and Economic Planning for Counterpart fund for the StateThe Budget will be funded by 24% IGR, 36% Federal allocation and 40% loan.”

The Commissioner explained that the state government had expressed determination to rehabilitate Water system and to ensure a steady water supply.

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