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Wednesday, November 27, 2024

DTHA Approves N979bn For 2025 Fiscal Year

BY ANDREW IKEHI

CITING the need for increased infrastructural development in the State, the Delta State House of Assembly has jerked up the 2025 Budget proposal as presented to it by the State Governor, Rt. Hon. Sheriff Oborevwori by 7.3 per cent.

The House, yes terday, announced an approved budget envelope of N979 billion for the 2025 fiscal year as against the initial N936 billion presented to it for consideration and approval

With the legislator s ’ approval and its subsequent increment, the approved capital budget for the 2025 fiscal year stands at N630.5bn as against the initial sum of N587.3bn earlier presented by the State Governor, Rt.Hon. Sheriff Oborevwori.

On the recurrent expenditure, the lawmakers approved the sum of N348.76bn as against the initial sum of N348.71bn, representing an increased recurrent expenditure of N50 Million.

The approval, The Pointer reports was sequel to recommendation raised at Tuesday’s Plenary by the House committee on Finance and appropriation in a report presented by its Chairman and member representing Ika North-East State Constituency, Hon Marylyn Okowa-Daramola.

Rising from its Committee of Supply presided over by the Speaker, Rt. Hon. Emomotimi Guwor where the lawmakers examined the Money Bill Clause by Clause, the House unanimously adopted the recommendation of the Finance and Appropriation Committee

Following the adoption of the committee report, the bill was read the third time just as it was sequently passed.

Motion for the passage of the money bill was moved by the majority leader of the House, Hon. Emeka Nwaobi, just as it was seconded by the Minority Leader, Hon. Edafe Emakpor

Commending the lawmakers for the passage of the bill, the Speaker of the State Assembly, Rt. Hon. Emomotimi Guwor said the approved budget was in line with global best practice, adding that it was in the collective interest the State.

In an interview with journalists, the Chairman, House Committee on Finance and Appropriation, Hon. Marylyn Okowa-Daramola said that the increase in the budget, particularly the capital expenditure was aimed at ensuring robust infrastructural development in the State.

She particularly cited the need to beef up road infrastructure as well as agricultural development across the nooks and crannies of the State.

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