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Showing posts with the label 2022 Appropriation

A'IBOM ASSEMBLY SLAMS NIGERPET, DPS CONSTRUCTION COMPANIES OVER STATE ROADS.

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  ... threatened to summons Contractors, Commissioners, Consultants to Assembly for questioning. Williams Akpabio - Information Unit (AKHA), Uyo. Akwa Ibom State House of Assembly Committee on Finance and Appropriation today while discharging its Constructional right and provisions of the Standing order of the House of Assembly slams over the actions some construction companies handling State roads against the completion agenda of His Excellency Governor Udom Emmanuel's completion agenda. The committee during it's follow-up inspection after 2022 budget defense went to project site to ascertain if the funds appropriate for projects has been judiciously used.  While inspecting 8.5km Okoroete - Elile -Amadaka - Kampa  road, the Committee led by its Chairman, Rt. Hon. Uduak Odudoh and Member representing Ikot Abasi/Eastern Obolo State Constituency frowned at the action of Nigerpet Structures Limited Company, he further observed that the level of work done at the site is not c...

GOVERNOR UDOM EMMANUEL PRESENTS N582.1 BILLION PROPOSED ESTIMATE FOR 2022 FISCAL YEAR.

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Williams Akpabio - information Unit (AKHA), Uyo Governor Udom Emmanuel of Akwa Ibom State on Monday presented to the House of Assembly, N582.115 billion proposed budget estimate for 2022 fiscal year.  The  budget christened the “Budget of Re-defining Standards”. with intention to take stock of achievements in the past six and half years and consolidate the gains of our achievements thus far, for sustainable expansion and growth. According to the Extimate, Government proposed a total budgetary outlay of N582.115 billion for the 2022 Financial Year as against the approved revised provision of N598.975 of 2021 representing a decrease from the 2021 revised budget; thus: Recurrent Expenditure                                            - N260.151 billion Capital Expenditure                            ...