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Enugu budgets N67.8bn for 2010

By Tony Edike

ENUGU—GOVERNOR Sullivan Chime of Enugu State,  yesterday presented a budget estimate of N67.8 billion to the State House of Assembly, for the execution of various programmes and projects of the government in the 2010 fiscal year.  The estimate showed an increase of 12 percent over that of the outgoing year (2009), which was N60.4 billion.

Presenting the budget to the state legislators, Chime said it was made up of N30.1 billion for recurrent expenditure, which is 44 percent of the budget and capital expenditure of N37.7 billion, representing 56 percent, explaining that the increase of the capital expenditure over recurrent in next year’s budget was a reflection of the government’s determination to ensure that all the capital projects it begun were completed.

He said that the government expects to earn a revenue of N36.6 billion,  made up of N30 billion from the federal revenue and N6.62 billion, which would be generated through aggressive internally-generated revenue, adding that out of the N30.1 billion set aside as recurrent expenditure, N20.2 billion representing 68 percent of the package had been devoted to personnel costs, including Consolidated Revenue Fund charges.

To the parastatals and tertiary institutions in the state, which appeared to have been underfunded in the current year, Chime said the sum of N5.8 billion had been earmarked for overhead costs while N4 billion had been set aside as their subventions.

The Governor further announced that a total of N37.7 billion had been appropriated for capital expenditure next year, explaining that the focus of the government next year would revolve around completion of on-going projects and select people-driven development programmes, that are the priority needs of the various constituents identified during the recent Visit Every Community (VEC) exercise carried out by the state government.

Listing the policy thrust of the budget to include “consolidation on the gains of the year 2009 budget, completion of on-going projects, increased involvement of the private sector in the development of the state, massive provision of social and economic infrastructure in the rural and urban areas, and diversification and intensification of the resource and revenue of the state,” the Governor said the government “shall make strategic adjustment to the point that our policies and plans will address the core issues which impact positively on the quality of life of our people.”


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