Connect with us

News

Oborevwori  presents N714.4bn 2024 budget for Delta

Published

on

Oborevwori  presents N714.4bn 2024 budget for Delta

Oborevwori  presents N714.4bn 2024 budget for Delta

Governor Sheriff Oborevwori of Delta on Wednesday presented a budget of N714.4 billion for 2024 to the State House of Assembly for approval.

Presenting the budget tagged ”Budget of Hope and Optimism”, Oborevwori said it was made up of N316.6 billion recurrent expenditure and N397.9 billion capital expenditure.

” I wish to announce a budget proposal of N714.4 billion  for the services of Delta Government in 2024.

”This amount comprises the sum of N316.6  billion or 44 per cent of total budget for Recurrent Expenditure, and N397.9 billion or 56 per cent of total budget for Capital Expenditure,” he said.

Read Also: How 2 Brothers Defraud Man Of N3.7 Million, Face Prosecution

Oborevwori said that the  budget showed a decrease of N94.9 billion or 12 per cent, compared with the 2023 budget of N809.4 billion.

”The slight decrease is due to the fact we have planned the 2024 budget around fiscal discipline, which means that the budget will be funded largely from within and the State would spend only what it can earn within the period.

”The main sources of funds for the 2024 budget as proposed would be mainly from the internally generated revenue, statutory allocation, mineral derivation, value added tax and other capital receipts.

“The proposed recurrent expenditure estimates for 2024 of N316.6 billion is made up of personnel costs of N150 billion which is 21 per cent of the proposed Recurrent Budget.

”Also, 39 per cent of the total proposed 2024 budget and overhead costs of N106.6 billion is 15 per cent of the Recurrent Budget estimates or 35 per cent of the aggregate budget proposal for 2024,” he said.

Oborevwori added: ”The personnel cost of N150 billion anticipates the domestication of a likely salary increase by the Federal Government sometime in 2024, while the overhead cost mirrors the inflationary trend in the country.”
He said that the government had set up a framework of action with a view to advancing the state through massive infrastructure renewal, human capital development, and appropriate social investment programmes.

”This budget is emphatic on keeping our expenditure within revenue limits, reducing our debt profile, and ensuring that we do not build new inflationary pressures through extra budgetary funding.

”This presents a challenge to Ministries, Departments and Agencies (MDAs) of government to embrace the timeless principles of strategic planning, fiscal discipline, excellent service delivery, and the judicious allocation of resources to projects and programmes based on their socio-economic value,” Oborevwori said.

In his remarks, the Speaker, Me Dennis Guwor commended the governor for his achievements in his first 100 days in office, saying that the people were expecting more projects, programmes and investment that would transform the state.

“Although the dream is a tall order, with concerted effort and cooperation between the legislature and the executive including other stakeholders, it is achievable,” he said.

He assured that the cordial and harmonious working relationship between the legislature and the executive would be sustained to drive development in all sectors of the state. 

Oborevwori  presents N714.4bn 2024 budget for Delta

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

WAFU Qualifiers: Mailantarki Care FC beat Nigeria’s Flying Eagles 1-0

Published

on

WAFU Qualifiers: Mailantarki Care FC beat Nigeria’s Flying Eagles 1-0

Nigeria’s Flying Eagles …

The Nigeria National team U-20 (Flying Eagles) suffered a defeat in the hands of Mailantarki Care FC in one of its series of preparatory games on Wednesday in Abuja.

The reigning Champions of the 2024 International Youth Championship in Denmark (Dana Cup) produced an all-around performance against the Nigeria National team outfit, the Flying Eagles at the FIFA Goal Project pitch of the MKO Abiola Stadium.

Coach Aliyu Zubairu’s U-20 team began preparation last week ahead of the upcoming WAFU Championship scheduled in Togo, where the representatives of the zone in the 2025 U-20 nations cup will emerge.

Sensational wing wizard Miko Dalha scored the only goal of the game following a delightful footwork before smashing into the near post before the break.

The host could have equalized from the spot deep into the game just for Mailantarki goalie Abbati Muhammed to punch away the penalty kick. However, the Flying Eagles defeated Water FC 1-nil in its first game courtesy of Bayelsa United forward Rabiu Abdullahi.

Continue Reading

News

USAID Urges Adamawa Officials to Sustain State2State Interventions and Reforms

Published

on

USAID Urges Adamawa Officials to Sustain State2State Interventions and Reforms

The United States Agency for International Development (USAID) has called on Adamawa State officials to continue supporting various interventions and reforms to foster sustainable development across key sectors. The call was made during a review of Adamawa’s financial instructions held in Yola on Wednesday.

Aduku Godwin, the Regional Advisor for USAID’s Learning to Read Project, emphasized the importance of maintaining these reforms to drive long-term progress in areas such as governance, education, and infrastructure development. He affirmed USAID’s commitment to collaborating with the State2State team in Adamawa to enhance good governance and ensure quality education in the state.

Machill Maxwell, USAID Project Management Specialist for Integrated Governance, commended the improvements seen in Adamawa’s health, education, and Water, Sanitation, and Hygiene (WASH) sectors. He stressed the need for efficient and accountable use of resources, pointing out that past inefficiencies had limited the impact of significant financial investments.

Hajiya Nafisa Ado, Senior Technical Assistant and Learning Advisor for the Learn to Read Project, expressed satisfaction with the partnership aimed at building the capacity of state officials to promote transparency, accountability, and effectiveness in governance and education.

Similar collaborative efforts are also underway in Bauchi, Gombe, Ebonyi, and Sokoto States as part of USAID’s broader initiative to support state-level reforms in

Continue Reading

News

Jos DisCo urges Gombe customers to reciprocate improved power supply

Published

on

By

Jos DisCo urges Gombe customers to reciprocate improved power supply

The Jos Electricity Distribution Plc (JED), on Wednesday, appealed to its customers in Gombe State to pay their electricity bills as a way of reciprocating the improved power supply in the state and its franchise.

Mr Abdu Mohammed, the managing director of JED, made the call while speaking at a customer consultative forum held in Gombe.

Mohammed decried the non-payment of electricity bills by consumers in the state, noting that the attitude of energy users in that regard was posing a big challenge to the company.

Represented by Mr Yerima Baba, the manager of Doma regional office, Mr Mohammed said the customers had a duty to pay for services that they have enjoyed.

According to him, this will enable JED sustain the improvement towards guaranteeing customers’ satisfaction across its franchise.

He stated that in the month of August, the energy bill for the state was N1.3 billion and only about 15.4 per cent of the total bills charged had been paid by customers.

“The electricity business is changing gradually and drastically. It is well known that Jos electricity is giving out the total volume of energy.

“There are feeders we give up to 100 per cent energy; this means that if translated to money, our monthly energy increases as well as the bill.

“But unfortunately, the response from the customers is appalling, so bad that if it continues like that, it would be difficult to sustain the business.

“We are consuming the total energy that is worth over N2 billion yet, the income generated from the two regions in Gombe State as at Tuesday September 17 is less than N200 million.

“We were billed over N1.3 billion for the month of August for the whole of Gombe and Doma,” he said.

Mohammed said there was high level of apathy in terms of payment of electricity bills, lamenting that people were paying just what they like.

“We are calling on customers to reciprocate now that energy is stable and availability is increasing; we are out to serve you please help us to serve you better,” he said.

Mohammed also decried the high rate of energy theft and vandalism which he said was affecting the company.

Also speaking, Mr Saad Abubakar, the manager of Gombe regional office said JED was working to improve on its metering, adding that improvements and customers’ satisfaction remained a critical component of the organisation.

Abubakar commended the customers for turning out to engage with JED on how to improve service delivery while assuring them that all genuine concerns raised would be addressed.

Our correspondent reports that customers during the engagement lauded JED for improved power supply in the state.

Continue Reading
Advertisement

Trending

Verified by MonsterInsights