Edo assembly passes N485.6bn supplementary budget
Economy
EDO House of Assembly on Monday approved the Revised Supplementary Budget of N485.6 billion for 2024.
Gov. Monday Okpebholo, on Nov. 13, in a letter, requested the House to consider and pass the Revised Supplementary Budget for the continuous development of the state.
The motion to dissolve the house into committee of supply to consider the budget, was moved by the Majority Leader of the House, Charity Aiguobaruehian and seconded by the Minority Leader, Eric Okaka.
At the Committee of Supply, the House considered and passed the budget estimates.
The Revised Supplementary Bill of N485.6 billion, had a total of N283. 1billion as capital expenditure while the recurrent expenditure was put at N202.5 billion
The Speaker, Blessing Agbebaku, after the passage of the budget, directed the Clerk of the House, Mr Yahaya Omogbai, to give the bill its third reading and thereafter forward clean copies to the governor for his assent.
Meanwhile, the House screened and cleared Dr Cyril Adams Oshiomole as Commissioner for health-designate. (NAN)
18th November, 2024.
C.E
Related Posts
Chad: New EUR 28m AfDB-funded solar project to boost Chad’s energy access
THE Board of Directors of the African Development Bank Group has approved funding worth EUR 28 million to build solar power...
Read MoreMadagascar: AfDB approves a grant of over $9m to strengthen protection, sustainable use systems for natural capital, ecosystems
THE Board of Directors of the African Development Fund – the African Development Bank Group’s concessional financing window – approved...
Read More$20bn extra required yearly to achieve 2027 economy target – Edun
THE Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says the country needs to invest 20...
Read MoreMost Read
Subscribe to Our Newsletter
Keep abreast of news and other developments from our website.