Governor Kayode Fayemi of Ekiti state, on Friday presented a budget of N129.9billion for 2019 to the state House of Assembly for consideration.

The News Agency of Nigeria, (NAN) reports that the budget, christened, “Budget of Restoration”, is made up of N57.8billion capital expenditure and N72.7billion recurrent expenditure.

The capital expenditure represents 44 per cent, while the recurrent expenditure is about 56 per cent of the budget.


Fayemi said the budget was tailored after the 4-pillars of his administration, which are Social Investment, Knowledge Economy,

Infrastructure and Industrial Development and Agriculture and Rural Development.

He listed the policy thrust and objectives of the budget to include establishment of an effective strategy to revamp the state’s economy as well as improving Internally Generated Revenue (IGR), among others.

According to him, the budget has been structured in a manner that will liberate the state from poverty and underdevelopment.

“I am not on a revenge mission, but rather, I am back as a healing balm on a painful wound. We as a responsible government are not interested in trials by media, political witch hunt or playing to the gallery merely to achieve cheap popularity.

“That is why this administration is not set out to abandon any of the ongoing projects embarked upon by my predecessor, especially considering the fact that such projects are being financed by the state tax payers.

“A bottom- line approach was adopted in preparing the budget to really meet the yearnings of the people and return the state to its rightful place among the comity of states.

“This was why I made sure government consulted widely and gathered the inputs of all stakeholders in achieving a budget that will reflect collective aspirations, needs and demands for sustainable growth of all the 16 Local Government Areas,” he said.

Responding, the Speaker, Mr Adeniran Alagbada commended the governor for the early presentation of the budget and promised to accord it accelerated consideration so that people of the state can begin to enjoy dividends of democracy under the new All progressive Congress led administration.

https://www.akelicious.net/2018/12/fayemi-presents-n1299bn-budget-for-2019.html

All these billions our governors are presenting..

Chaiii.....And they say "money nor dey, " money nor dey"

OP you mean 2019 loot

ekiti a dara

Carry on sir, lets hope this budget will help the poor.


Buhari till 2023

Wow, this will be more than enough for Jubril's upcoming sugeries

Ekiti people over you..

Nor be my business be this na

Ok. It is noted.

Politicians sabi sweet-mouth for africa! Ahn-ahn!! Balm kor. Bam Bam ni. Lol. Las las 20 bil na for the hon louse members. 40bil for executheives. The rest na for family and friends wey get companies and contractors with the highest bribe bids will be categorised under 'miscellaneous'.

Fayemi

Wishing him well...

Pls govern Ekiti State well...

Ekiti & Education is like bread and butter.

D beginning of an era

i mean to loot Ekiti money just started

N129.9billion for 2019
N452.2billion for 2020
N651.3billion for 2021
N856.4billion for 2022


just watch

Nonsense

Where fayemi wan see the money

God I wish such money go just appear for my house now

Me too I get appropriation bill wey I wan pass

This budget is in 'civia' pains.

Bustincole:
D beginning of an era

i mean to loot Ekiti money just started

N129.9billion for 2019
N452.2billion for 2020
N651.3billion for 2021
N856.4billion for 2022


just watch

Fayemi will not exceed 2020 max with PDP controlling the federal government.

Good way to go.

SocialJustice:
Fayemi will not exceed 2020 max with PDP controlling the federal government.

Wake up from your nightmare mr man!

Bustincole:
D beginning of an era

i mean to loot Ekiti money just started

N129.9billion for 2019
N452.2billion for 2020
N651.3billion for 2021
N856.4billion for 2022


just watch

Not surprise at all.
Since that is what y'all have been used to with your thieving party.

Mccullum:
Wishing him well...

Pls govern Ekiti State well...

Ekiti & Education is like bread and butter.

NA B4

passing a budget that cannot even be quarterly fufilled and the rest will only be looted

post=74053456:

Wake up from your nightmare mr man!

Have you finished grilling snakes and vulture today?

He is not wasting time to recover election investment

亚冠小组赛全部结束

Fayose presented 69b budget in last years .fayose certified criminal.

This budget is too ambitious. Waiting to see how it will be funded. I wish the state well anyway!