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Fayose Presents N93bn Ekiti Budget for 2017 In Military Camouflage

Farouk Mohammed
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Farouk Mohammed
ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
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Published: 2016/12/06
2 Min Read
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FAYOSE


Ekiti State Governor on Tuesday stunned members of the state house of assembly and guests gathered at the assembly for his presentation of the 2017 budget when he appeared in military fatigue.

 

fayoseFayose Presenting 2017 Budget
Fayose told the gathering that his administration had budgeted N93 billion for 2017, comprising N31 billion from the Federation Account; N7 billion from Internally Generated revenue; N1 billion from Ecological Fund; and the rest from other sources.

The sum of N38,427,507,894.60 was budgeted for capital projects and N55,028,891,248.80 for recurrent expenditure.

He listed the priority areas as follows: “It will be noted that the projects to be executed cut across every sector of our Six Cardinal Programmer. A large percentage however is allocated to infrastructure in our bid to ensure transformation of our Landscape with good roads, Modern Public Buildings, Potable Water and such like. Our Social Security Scheme will receive additional boost with provision for widows and women empowerment. The ongoing works on the Ado Ekiti Flyover bridge, Oja Oba Modern Market, Ikere Road Dualization, Construction of Governor’s Office and High Court Complex among others shall continue. We shall also dualize more roads in some Local Government Headquarters. We hope to complete some ongoing rural electrification projects and start new ones in Ile Ona, Iwaji, Igeede, Ilokun and Aba Igbira Waste Plant among others. We intend to boost our
capacity in Agriculture by supporting our farmers in Cocoa and Rice production.”

TAGGED:2017 BudgetFayose
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ByFarouk Mohammed
Publisher
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and development. He has over a decade of experience in journalism and international media, with a strong focus on geopolitics, conflict reporting, human rights, and the global digital economy.
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