South west News

Ekiti Assembly passes N7.5bn supplementary budget

The Ekiti State House of Assembly has passed the revised 2016 Appropriation Bill into law.

A team from the Benin Electricity Distribution Company (BEDC), which was invited by the house to a plenary to explain the current epileptic supply of electricity to the state, also had its day at the assembly’s sitting on Thursday.

Special Assistant (Media) to the Speaker of the House, Stephen Gbadamosi, explained that the revised Appropriation Bill was passed after the chairman of the House Committee on Finance and Appropriation, Honourable Samuel Abiola Jeje, submitted its report to the whole House.

Jeje had said, “At the close of the committee’s exercise, a total sum of N48,200,100,797:80 only has been proposed to the House as current expenditure for consideration,” under listed sub-headings, while “the total sum of N22,353,061,886:81 only was approved by the committee as capital expenditure.”

Speaker of the House, Kola Oluwawole, commenting on the bill, said “the bill’s passage was accelerated because of the state government’s desire for infrastructure development. This will assist the government to meet up with the proposed projects and her ongoing ones.”

He explained that the committee had redistributed wealth in accordance with the current realities and with the aim of assisting the Ayo Fayose-led administration to achieve its massive infrastructural revolution goals.

OA

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