Ekiti State Governor, Dr Kayode Fayemi, on Tuesday presented a sum of N109.666,376,722.61 appropriation bill before the State House of Assembly for passage.

The budget composed of N52billion for capital expenditure and N57 billion as recurrent expenditure .

The budget tagged: ‘Budget of  Recovery and Economic  Restoration’ was presented before the Speaker, Rt. Hon. Funminiyi Afuye and other members of the Assembly for passage.

Fayemi explained that the budget proposal was a product of consultation and meetings with members of the public through town hall meetings.

He said the budget was judiciously tailored towards good governance and economic recovery for Ekiti state and its people.

He said the budget would be funded through federal allocation, value added tax, Internally Generated Revenue as well as support from development partners.

Speaking on the implementation of 2020 budget Governor Fayemi explained that  though the pandemic created a big challenge, his government was able to deliver on the budget through prompt payment of salaries, free education, free health care for the vulnerable members, inauguration of many noble projects among others.

The Governor however announced his determination to commence the payment of the consequential adjustment for the thirty thousand new minimum wage for workers from grade level eight and above noting that the necessary requirements have been captured in the budget.

He also promised to build health centers across the one hundred and seventy four wards across the state so as to enhance health care system.

One thought on “Gov Fayemi presents N109.6 billion budget estimate to Ekiti Assembly for 2021”

Leave a Reply

Your email address will not be published.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