Edo Assembly Passes N153.2bn Budget Estimate

By Ikenga Chronicles February 7, 2017

The Edo House of Assembly on Monday has finally passed the 2017 budget estimates of N153.2 billion for Governor Godwin Obaseki’s attention.

Recall that Obaseki had on December 19, 2016 presented a budget size of N150 billion to the house for consideration and passage.

According to report, the budget as presented by Obaseki consisted of N74.9 billion recurrent expenditures and N75.11billion as capital expenditures but the House increased it by about N3 billion, raising the capital expenditures to N76.6 billion and allocating N76.5 for re-current expenditures.

Considering the bill, the Chairman, Appropriation and Project Monitoring, Damian Lawani (APC Etsako Central) constituency said the budget reflected the views of the people and was designed to consolidate and complete all ongoing projects.

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