Awka - Governor Obi of Anambra State recently presented the 2013
budget of N110 Million to the State House of Assembly for
Appropriation.
The Budget which will be used to run the affairs of the State in the
coming year which was captioned 'People's Budget for Integrated
Development' was presented yesterday to the State House of Assembly
for consideration and approval.
The Governor said that the amount represents an increase of 33.28%
over the Budget of this year.
He said the amount is made up of N70.895 Billion for Capital
Expenditures and N39.995 Billion for Recurrent Expenditures, adding
that an estimated total sum of N70.895 Billion is expected from
Capital Receipts in 2013 an increase of 51.07% over the budget sum of
N46.929 Billion for 2012.
He observed that the emphasis of the State Government will be on
poverty reduction measures with the economic sector having an
allocation of 32.39% of the total Capital Budget.
The Speaker of the House of Assembly Mrs Chinwe Nwebili promised that
the Budget will be passed by January next year.
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