Business
Andoni Proposes N4.3bn FOR 2012
The Chairman of Andoni Local Government Area of Rivers State, Hon. Orom Nte Ereforokuma has made a budgetary proposal of N4,336,200,000,00 for the Council legislative Assembly.
Hon. Ereforokuma who made the presentation recently at the council chamber at Ngo, the headquarters of the council, hinted that N2,495,840,000.00 is for capital expenditure while N1,840,360,000.00 is for recurrent expenditure.
Explaining the budget tagged: “Budget of proactive development, Hon. Ereforokuma divulged further that N1,278,500,000 would be spent on economic sector, N283,340,000.00 for social services, N385,000,000.00 for Area Development, and N639,000,000,00 for Administration.
Assuring that the council has taken steps to increase the revenue base of the area, he promised to better the lives of the Andoni people as well as provide steady power supply by linking communities in the area to the national grid.
The council boss also promised to provide portable water, good road network, and learning materials to encourage students in their educational pursuits.
Ereforokuma assured that the budget would be judiciously utilised to promote good health and disease-free environment as well encourage young farmers and fishermen with soft loans.
In her speech , the leader if the legislative Assembly, Hon. Ataisi Willington commended the chairman for the early presentation of 2012 budgetary estimate to the legislative assembly.
She promised that the legislative Assembly would ensure speedy passage of the budgetary proposal into law to fast track the projects and progammes enshrined in it.
Enoch Epelle