Abi Chairman Presents 2.6Billion 2014 Budget Estimate to Legislative House

In Breaking News, Business & Economy, National News, Reports

by crossriverwatch admin

Chairman, Abi LGA, Hon. Edith Amadi and the Leader of the Abi Legislative Council during the presentation of the 2014 budget
Chairman, Abi LGA, Hon. Edith Amadi and the Leader of the Abi Legislative Council during the presentation of the 2014 budget

The Chairman of Abi Local Government Council Hon Mrs Edith Amadi has presented the council’s 2014 budget estimate to the Legislative House for deliberation and subsequent approval.

Performing the presentation Wednesday, Hon Amadi disclosed that the sum of Two Billion, Six Hundred Thirty Three Million, Nine Hundred and Eighty Seven Thousand, Two Hundred and Three Naira (N2, 633,987,203) only, representing an increase of 7.71% above last year’s budget, was been projected for this year’s Council expenditure.

According to the council boss, the 2014 budget estimate was driven by her vision, determination and desire to improve the socio-economic well-being of Abi people in line with the State government’s Seven Point Agenda, the Millennium Development Goals (MDGs) as well as the Local Economic Empowerment Strategy (LEEDS) instrument.

While appreciating the enormous challenges before the Local Government Area, the Chairman re-affirmed her resolve to remain focused with her administration’s developmental agenda for the council area which according to her remains a priority.

She said: “all of these lofty ideas and innovation embodied in my vision for a better Abi cannot be achieved when there is flagrant break down of law and order by our people for whatever reasons.

“Therefore I charge us all to make our various communities a society where peace reign; a society devoid of inter and intra communal clashes as only a peaceful society can guarantee inclusive development of Abi Local Government. So, all hands must be on deck if we must achieve the transformation we desire.

“To tread this path with confidence, we must not only remain united but also committed to our cause. It is therefore my resolve that whatever resources that may come our way will be judiciously utilized for the development of Abi,” the Chairman affirmed.

According to the Estimates, the Economic sector which is comprised of Agriculture and Rural Development, Livestock, Forestry, Fisheries Manufacturing and Craft, Energy, Commerce, Finance, Culture and Tourism, Cooperative as well as Transport sub sectors would receive a capital vote of Seven Hundred and Forty Six Million, One Hundred and Seventy Six Thousand, Five Hundred and Forty Five Thousand Naira only (N746, 176,545) representing 65% of the total capital receipts.

The Social Services Sector received a total allocation of One Hundred and Thirty One Million, One Hundred and Thirty One Thousand, Four Hundred and Three Naira (N131,131,443) being 11% of the total capital receipts. Under this sector, the sum of Forty Million, Six Hundred and Sixty Four Thousand, Nineteen Naira (N40, 664,019) only was set aside for the Education sub sector while the Health and Social Services sub sector would get the sum of Fifty Million, Five Hundred and Sixty Seven Thousand, Four Hundred and Four Naira (N50,567,424) only; Eleven Million Naira (N11, 000,000) was allocated to Information and Communication sub sector as Social Development Youth and Sports got the sum of Twenty Six Million, Six hundred Thousand Naira (N26, 600,000) only.

Total for Environment and Regional Development sector stood at One Hundred and Ninety Million Naira (N190, 000,000) only representing 16% of the total capital receipts of the total budget estimate for 2014.

The amount would be shared among the following sub sectors respectively: Water Supply, Sewage and Drainage, Housing, Town and Country Planning as well as Environment and Refuse Disposal,while General Administration of Council would receive a budgetary allocation of Ninety One Million, Five Hundred Thousand Naira(190,500,000) only being 8% of the total capital receipts for this year’s estimate.

follow us on twitter @crossriverwatch

Since You Are Here, Support Good Journalism

CrossRiverWatch was founded on the ideals of deploying tech tools to report in an ethical manner, news, views and analysis with a narrative that ensures transparency in governance, a good society and an accountable democracy.

Everyone appreciates good journalism but it costs a lot of money. Nonetheless, it cannot be sacrificed on the altar of news commercialisation.

Consider making a modest contribution to support CrossRiverWatch's journalism of credibility and integrity in order to ensure that all have continuous free access to our noble endeavor.


New Feature: Don't miss any of our news again.Get all our articles in your facebook chat box.Click the Facebook Messenger Icon below to subscribe now

Text Advert by CRWatch :Place Yours

Will You To Learn How To Make Millions Of Naira Making Special Creams From Your Kitchen?.Click Here

Expose Your Business And Make More Sales. Advertise On CrossRiverWatch.com Today

You may also read!

Cross River Assembly Confirms Francis Odachi Ekpo As DG Due Process And Price Intelligence Bureau

By Itam Offor The Cross River State House of Assembly has confirmed the appointment of Mr. Francis Odachi Ekpo


Daily News – Wednesday 17 August, 2022

Listen To The Podcast The Headlines: Advert by CRWatch :Place Yours Non-Release Of Record Of Proceedings, An Infringement Of


INEC Redeploys Cross River REC To Akwa Ibom, Replaces Him With Dr. Alalibo Johnson

By CrossRiverWatch Admin The Independent National Electoral Commission, INEC has redeployed Dr. Cyril Omorogbe, Cross River State Resident Electoral


Leave a reply:

Your email address will not be published.

Mobile Sliding Menu

Share this now