Politics
Enugu Assembly Passes Revised 2020 Budget Of N146bn
Enugu State House of Assembly last Wednesday passed the revised 2020 budget of over N146 billion.
The passage follows clause to clause consideration of the revised budget during plenary in Enugu last Tuesday.
In his submission, the Leader of the House, Mr Ikechukwu Ezeugwu, said revising the budget had become necessary considering the negative impact of COVID-19 on the state and country at large.
Ezeugwu argued that the economic projections made in January had been ridiculed by the outbreak of the pandemic.
According to him, the only viable option left for the Enugu State government was to cut down its budget estimates.
The Leader disclosed that the recurrent expenditure was increased from N68 billion to N69 billion while capital expenditure was reduced from N100 bllion to N76.5 billion.
While hinting that the state government would be responsive to the realities of the time, he maintained that funds would be re-channeled from non-essential to essential items, especially in the health sector.