TheNigerian news portal is a citizen’s online publishing and broadcasting platform combined with patriotic zeal to usher in positive narratives about the image of our country and it’s citizens. The portal was inaugurated in the united kingdom in 2016 and has consistently demonstrated fair, unbiased and transparent reportage of evolving developmental issues across the globe and particularly feeding its international audience in the accurate, facts-filled and truthful reports in and around the globe. As to remain as giants of both online publishing and broadcasting. TheNigerian news has recently launched "Television Nigerian" currently streaming in social media platforms as a web-TV

Okowa presents N389bn 2020 budget to state assembly

- Advertisement -

By Bukola Olasanmi

Delta Governor, Senator (Dr) Ifeanyi Okowa, has presented 2020 Appropriation Bill of N389.19 billion christened “Budget of Sustainable Development” to the House of Assembly.

The governor announced that Capital Expenditure of the budget would gulp N217.64 billion representing 55.92 per cent and that N171.55 billion or 44.08 per cent had been earmarked for Recurrent Expenditure during the period.

The budget is a little less than 2019’s N390.38 billion comprised of N157.10 billion for recurrent expenditure and N233.28 billion for capital expenditure.

Okowa said that the 2020 budget would help his administration to achieve fiscal stability and promote accountability as imperatives for sustained economic growth.

He said that he would prioritize efficiency in expenditure through stringent control on non-productive expenditure, judicious allocation of resources and cost effectiveness of project delivery.

The governor also stated that the budget would accelerate rural-urban integration and urban renewal through roads and flood control infrastructure, markets development, housing and sanitation.

He said it was targeted at growing the non-oil sectors to produce an economy that was truly diversified, self-reliant, resilient and could withstand external shocks.

“During the fiscal year, we will continue to pursue Health for all Deltans (HeFAD) in line with the Universal Health Coverage mandate of the United Nations Sustainable Development Goals.

“Through the budget, we will increase investment in youth entrepreneurship development programmes as well as technical/vocational education designed to foster a new generation of wealth creators, business leaders and managers. “It will deepen and strengthen our social investment programmes for improved protection of the poor and vulnerable segments of the society, and escalate our peace-building initiatives to secure our oil and gas installations.

“It will ensure public safety and engender an investor-friendly climate, boost revenue through widening of the tax base and administration of a functional tax regime that is fair, just and equitable and engender a more responsive and efficient public sector,” he said.

Road and Physical Infrastructure sector was allocated N84.54 billion, the highest amount of the budget and was followed by Education with N31.6 billion.

Support our journalism with a contribution of any size

Nigeria's media space is swamped with falsehood, deceit and delusion. Just a handful abides by the truth. TheNigerian is one of the unique platforms helping to shape the global narrative about Nigeria and her citizens across the world. It's quite costly to maintain this brand of journalism, however.

Readers from around the world, like you, make TheNigerian's work possible. We need your support to deliver quality, investigative journalism – and to keep it open for everyone. At a time when factual, honest reporting is critical, your support is essential in protecting our editorial independence. Every contribution, however big or small, is so valuable for our future.

Our brand of professional citizens' journalism requires a contribution from members of the public, patronage and sponsorship to thrive. We rely on this financial support to be able to carry out our numerous obligations of training, running cost, production, printing and general services. We also embark on Corporate Social Responsibilities through educational programs on our TV, newspaper and blogs.

Make a token donation to support us:
Account Name: Patriot and Sage Digital Communication Ltd
Account No: 1015619537
Bank Name: Zenith Bank

Get real time updates directly on you device, subscribe now.

The Is The Best Offere For You

Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Support our journalism with a contribution of any size

Nigeria's media space is swamped with falsehood, deceit and delusion. Just a handful abides by the truth. TheNigerian is one of the unique platforms helping to shape the global narrative about Nigeria and her citizens across the world. It's quite costly to maintain this brand of journalism, however.

Readers from around the world, like you, make TheNigerian's work possible. We need your support to deliver quality, investigative journalism – and to keep it open for everyone. At a time when factual, honest reporting is critical, your support is essential in protecting our editorial independence. Every contribution, however big or small, is so valuable for our future.

Our brand of professional citizens' journalism requires a contribution from members of the public, patronage and sponsorship to thrive. We rely on this financial support to be able to carry out our numerous obligations of training, running cost, production, printing and general services. We also embark on Corporate Social Responsibilities through educational programs on our TV, newspaper and blogs.

Make a token donation to support us:
Account Name: Patriot and Sage Digital Communication Ltd
Account No: 1015619537
Bank Name: Zenith Bank

Subscribe to our mailing list

close-link