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