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Uduaghan signs N451bn budget

Delta State Governor, Emmanuel Uduaghan

Governor Emmanuel Uduaghan of Delta State on Monday in Asaba signed the 2014 budget of N451bn into law.

Uduaghan, who signed the budget, along with three other bills, said all the bills were necessary to enable government to deliver the dividends of democracy to the people.

The News Agency of Nigeria  reported that the other bills were the Local Government Amendment; Public Officers Remuneration and Allowances and Delta State Security and Trust Fund bills.

He noted that the bills were important to enable government to realise its agenda of “Delta Beyond Oil.”

He said, “These four major bills are now laws and are very important in the running of government and in the life of every Deltan.

“These laws will assist us and guide us in our actions as we govern the state, so that we can offer our people more dividends of democracy,” Uduaghan said.

According to him, out of the N451bn budget, N161.7bn is for recurrent expenditure, while N289.1bn is for capital expenditure.

He said that the budget reflected the determination of the state government to address its capital projects and reduce its recurrent expenditure.

It will be recalled that the governor presented a budget of N392bn to the House on December 18, 2013, but the House, on February 19, passed a budget of N451bn for assent.

The Speaker of the House, Mr. Victor Ochei, told newsmen after the signing of the budget that it was increased because there were key projects that the current administration needed to complete.

“This is the last full budget that this administration will operate. Therefore, it is necessary for the House to provide for more funds to complete the projects,’’ he said.

Commissioner for Finance and Economic Planning, Chief Kenneth Okpara, said some of the projects, included the Asaba International Airport, the Osubi Airport, flyover projects in Asaba and Warri.

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