Monday, 19 February 2018

JUST IN: ANAMBRA STATE HOUSE OF ASSEMBLY APPROVES AND PASSES 2018 STATE BUDGET


By: Ifeanyi Okonkwo (Anambra),


Anambra State House of Assembly, last week, approved and passed the 2018 Budget of the state, titled “Budget for Wealth Creation, Economic Diversification and Value for Money”, after its third reading.
 
SPEAKER
Recall that Governor Willie Obiano, some weeks back had submitted the State Budget to the State House of Assembly for approval and passage.
 
Speaker of the House, Hon. (Barr) Mrs. Obianamme Rita Maduagwu after the House had approved the Budget, thanked the Honourable House Members, the Clerk and staff of the Legislatures for their wonderful contributions towards the passage of the 2018 Appropriation Bill.


In her words of commendation the Speaker said, “We have fulfilled our promises to the Governor of the state and the entire Ndi-Anambra that, we will do our part in consideration of the bill”.
 
GOV. OBIANO WHILE PRESENTING THE BUDGET
She also commended all the various Committees, especially, the Finance and Appropriation Committee, led by Hon. Obinna Chris Emeneka, Member representing Anambra East, for a successful Budget defense exercise. 

“The passage of this Budget is in line with upgrading the standard of living of Anamberians as well as the growth and development of the state. The content of this year’s budget is rich in content and we are happy that last year budget recorded about 80 percent implementation and we expect over 90 percent implementation in this year’s budget. It is practically achievable in view of the passion of Chief Willie Obiano to transform Anambra through his purposeful administration. We will take seriously over-sight functions to ensure proper implementation of the budget”. She reiterated.

Hon. Chidozie Ezeugwu, Senior Special Adviser to the Governor on Legislative Matters, while speaking to newsmen on the development said, “This is a budget of hope and job creation. This means that his Excellency will go into action. We believe and trust His Excellency that, this year, the governor will surpass last year’s achievement”.

He went further to say, “The on-going projects will be completed as promised by the governor during campaign. There will be serious development across the state. Chief Obiano has made it clear that once ongoing projects are completed, communities should request other areas of their choice that need urgent attention”. 

Chairman of the Committee on Finance and Appropriation in the Anambra State House of Assembly, Hon. Obinna Chris Emeneka, while answering questions from Journalists said the budget is a capital-revenue based budget.

“The passage of this year’s budget is a welcomed development to the people of the state. The budget themed, “Budget for wealth creation, Economic diversification and value for money”, shows that the budget is a capital project revenue meaning that Ndi-Anambra should expect more job creation, payment of pension and gratuities, better health institutions and many more”.

“With the successful passage of this budget, it has proved that the Executive is looking at the functions of the Legislature in helping so as to adequately utilize funds. Anambra state government is committed to embarking on a lot of projects considering the fact that some of the increase made by various ministries was as a recommendation from committees on ministries that need funds”. Hon Emeneka stated.

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