News
Enugu Allocates 59% Budget To Personnel Cost
The Enugu State Government has allocated 59 percent, which amounts to N38.662 billion, to personnel cost in the 2019 proposed budget of N109.999 billion.
This was disclosed by the state Commissioner for Finance and Economic Development, Eucharia Uche Offor, during a ministerial press briefing on 2019 budget held in Enugu last Monday.
According to her, “out of the 65.705 billion allocated to recurrent expenditure, personnel cost got N38.662 billion, representing 59 percent while overhead got N20.065 billion, representing 31 percent and subvention receive N6.978 billion, representing 11 percent.
She also disclosed that 57 percent, which amount to N24.584 billion, was allocated to the economic sector from the capital expenditure of N43.493 billion.
She stated further that 26 percent, which amount to N11.305 billion, was allocated to social sector while administrative sector gulp 14 percent, which amount to N6.177 billion.
“Also under capital expenditure, sum of N1, 046,320,000 representing two percent was allocated to law and Justice sector while regional sector got N380, 000.000representing 1 percent,” she said.
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