Obaseki Signs 2017 Budget

By Ikenga Chronicles February 8, 2017

Obaseki Signs 2017 Budget

Barely 48-hours after the Edo State House of Assembly passaged the 2017 budget, Edo State Governor, Godwin Obaseki, on Tuesday swing into action by signing the 2017 appropriation bill also known as the budget of consolidation and prosperity.

Signing the bill before the Speaker of the House of Assembly, Obaseki said: “As you recall, last year, before Christmas, I presented this bill to you for consideration. We were very clear when we were putting this bill
together that there were certain key principles and budget policies, which we showed will lead to significant change in our economy.”

Continuing, the governor assured that based on the budget, an ad-hoc committee had been set up, which had been able to source land in excess of 2500 hectares (a figure which may rise to 5000 hectares) to produce about 500 ‘agripreneurs’ in the state.

“If you recall the electioneering process,” he said, “I know we promised that by God’s grace, at the end of four years, we would have substantially resolved, if not totally eliminated all the pension arrears that we have.”

Obaseki also revealed that his government had even commenced implementation of the Contributory Pension Scheme since January and that with the signing of the Pension Bill, what was left was to start settling arrears.

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