Gov. Ugwuanyi signs N103.5b 2018 budget into law

Gov. Ugwuanyi signs N103.5b 2018 budget into law



Governor Ifeanyi Ugwuanyi of Enugu State, on Monday signed the N103.5 billion 2018 budget recently passed by the House of Assembly into law, with a firm promise to fully implement the appropriation law for the benefit of the people and rapid and sustainable development of the state.

Signing the budget at the Government House, Enugu, in the presence of his Deputy, Mrs. Cecilia Ezeilo and other members of the State Executive Council; members of the House of Assembly led by the Speaker, Rt. Hon. Edward Ubosi; State Chairman of the Peoples Democratic Party (PDP), Hon. Augustine Nnamani, among other top government functionaries.

Gov. Ugwuanyi noted that the House after due deliberation on the budget and consideration of the defence by the various ministries, MDAs, Parastatals and all concerned with the budget, increased the budget size from N98,563,500,000 to N103,563,500,000.

The governor commended the members of the House for the speedy and considerate passage of the budget and the “wonderful” cooperation they have accorded the state government since inception.

He also expressed appreciation to the people of the state, who he described as the true heroes of democracy, for the opportunity to serve and their “unwavering” support and prayers for his administration, reassuring them that his promise to deliver good governance and selfless service to the state remains sacrosanct.

“Mr. Speaker, Honourable Members, I equally wish to assure you of our commitment to the full implementation of this budget as we are fully aware that this will enable us realize all the objectives that we have set down in it for the benefit of our people and for the rapid and sustainable development of our dear state”, Gov. Ugwuanyi said.

Earlier in his remark, the Speaker commended Gov. Ugwuanyi for the modest budget, which he said reduced both the internal and external borrowing to 16 percent, describing the governor as a good manager of finance.

Rt. Hon. Ubosi, who stated that the budget will not put the state in “a very tight condition” and “cannot hang any debt on us”, also explained that the appropriation law was increased by N5 billion to accommodate road projects that need urgent attention such as the Nkalagu-Eha-Amufu federal road at Isi-Uzo Local Government Area and other roads across the three senatorial districts of the state.

He also applauded the state’s Board of Internal Revenue led by Prince Emeka Odo for its innovation and resourcefulness in generating income for the state saying: “They are trying in reducing the stress on the state”.

The Speaker equally appreciated members of the State Executive Council, especially the commissioners for their “wonderful” cooperation and support during the budget defence, stressing the synergy was unprecedented and commendable.

While disclosing that the House made minor adjustments in the budget, Ubosi assured that the House in the course of its oversight function will monitor the implementation to the letter.

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