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Warri South LG targets N876m IGR in 2017

By Onozure Dania

WARRI South Local Government Area in Delta State has projected the sum of N875, 858,488.00 as its expected Internally Generated Revenue, IGR, in 2017 with the hope of getting N1, 975,762,038.00 as statutory federal and state allocations for the fiscal year.

This was disclosed, when Chairman of Warri South council, Mr Matthew Edema, presented the council’s 2017 budget estimate of N3.721 billion to the its legislative arm.

Mr Matthew Edema,

Edema, who christened the 2017 appropriation “Budget of complete Restoration and Hope,” explained that the budget “is geared towards restoring and facilitating all-round socio-economic and infrastructural development of the entire local government area.”

Noting that the 2016 budget of his administration was not fully executed due to the global fall in oil prices and recession, he said that his administration recorded huge success in the areas of “removal of all illegal payments, all illegal allowances, ghost workers and plugging of all loopholes/leakages.”

A breakdown of the 2017 estimate shows that capital expenditure will gulp  N917,350,875.00, consolidated revenue fund charges will take N942,088,153.26, while personnel and overhead cost will gulp N1,214, 673,538.33 as well as N647,272,805.00 respectively.

Further breakdown reveals that N390, 792, 500 is budgeted for economic sector, education sector, health and administration sectors will claim N35, 250,000, N108, 045, 000 and N202, 920, 375, respectively.

As major source of revenue to the council,  Edema disclosed that N105, 000,000 has been budgeted to develop markets in Warri, even as N60m will be expended to continue the strides so far recorded in environmental sanitation in the council.

Leader of the Legislative Arm, Mr. Sunday Aguweye assured of accelerated hearing and passage of the 2017 budget proposal.

 


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