Cross River assembly approves N437.876 bn supplementary budget

Date:

By Jude Opara

The Cross River House of Assembly has passed a supplementary budget of N437.876 billion for the governance of the state.
The budget breakdown showed that N151.684 billion was appropriated for personnel costs, N283.333 billion was for capital expenditure and N2.857 billion was approved for statutory expenditure.
Governor Bassey Otu presented the Supplementary Appropriation Bill to the assembly on July 18.
Speaking during a debate on the bill, Cyril Omini, the chairman, Finance and Appropriation Committee, said the committee undertook a detailed scrutiny of the bill before reporting to the house.
He said the budget would enable the governor to effectively run the business of governance and undertake more development projects in the state.
Mr Omini, who represents Yakurr 1 Constituency, said the bill was referred to the committee after passing the first and second readings.
“As a committee, we adhered to Orders 64 and 66 of the house rules in carrying out our assignment,” he said.
Other lawmakers who spoke during the debate commended the committee for a thorough exercise and described the supplementary budget as a step in the right direction.
In his remarks, the speaker, Elvert Ayambem, said the governor had remained prudent in using public funds, saying, “Every sector has received the attention of the government.”

READ MORE  An icon is lost in Nda-Isaiah - APC

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Man drowns after jumping into Asa river during Ilorin disagreement 

A 42-year old man, identified as Nasiru, is feared...

Help Save Andrew: 27-Month-Old Baby Needs N4.2m for Life-Saving Spine Surgery in Abuja

A public appeal has been made for financial assistance...

World Bank Report: ADC asks Tinubu to explain missing $12.4b

Says gap is equivalent to almost a quarter...

Atiku is a true pan-Nigerian leader, deserves 2027 electoral bictory — ADC-PCC

Accuses Tinubu's administration of sectionalism, divisive politics   By Lateef...