Rivers
Etche Budgets N3.46bn For 2013
The Etche Local Government Area of Rivers State has proposed the sum of three billion, Four hundred and twenty five million naira (3,425,000,000), as budget estimates for the 2013 Financial year.
The budget tagged “budget of consolidation” would enable the council continue with its development strides, as well as to enable the council consolidates on the achievements of 2012 in the area.
Presenting the budget to the local government legislative arm at the legislative chambers Okehi last Monday, the chairman of the council, Barrister Reginald Ukwuoma said the estimated recurrent expenditure would gulp the sum of N1,781,510,443, while the sum of N1,643,489,557 representing 48% of the total estimates was for capital expenditure.
Barrister Ukwuoma also announced that the sum of N43, 900, 226, was projected on internally generated revenue adding that his administration had intensified efforts to ensure that the IGR was achieved.
The council boss stated that the present administration was committed to the upliftment of the people of the area adding that the budget was geared towards completing of the various projects under construction in the area.
“Since the present Administration is committed to uplifting the lives of the people of Etche, we intend to consolidate on the existing projects yet to be completed and also embark on the ones that will be realistic and reliable for our people” he declared.
He averred that the 2013 budget would concentrate on the Economic sector which according to him, would take care of the completion of Eketa Igbodo market, the police post, the health office as well as the mini fire service block, all in the market.
Barrister Ukwuoma averred that other sectors like education, health, information, social development, sports and culture would also receive serious attention in 2013 fiscal year.
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