Enugu Governor Signs 2018 Budget Into Law
Enugu State Governor Ifeanyi Ugwuanyi on Monday signed the 2018 budget worth 103.5 billion naira into law.
Signing the document in Enugu, Ugwuanyi reiterated his administration’s readiness to deliver good governance and harness human resources.
The governor said he is committed to ensure the full and prompt implementation of the budget.
Earlier, the Speaker of the State House of Assembly, Edward Obosi said that the legislators jerked up the budget estimate.
Ubosi explained the increase became necessary in order to accommodate various road projects in local council areas that need urgent attention.
The speaker said the 2018 budget reduced external and internal borrowings of the state by 60% and would not drag the state into any form of indebtedness.
“We are happy with the way the revenue board is working to reduce stress from the government, but they should not put hardship on our people,” he said.
He commended the governor for the prudent management of the state’s resources.
Ugwuanyi had on December 28, 2017 presented a budget estimate of 98.5 billion naira to the state assembly.
The budget was passed on February 12.
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