The Government of Enugu State has allocated the sum of 1 billion naira for the construction of Public conveniences in the state out of its total budget proposal of 169.56 billion for 2020.
Recall that out of the total budget proposal for 2020, the sum of 68.8 billion was earmarked for recurrent expenditure while a total sum of 100.77 billion was proposed for capital expenditure which shows a 59% to 41% Capital to recurrent ratio.
The state commissioner, Ministry of Budget and planning, David Ugwunta while addressing newsmen during the 2020 budget breakdown of the State said that the decision to construct conveniences was in keeping with the resolve of the Federal Government to end open defecation by 2025.
Ugwunta who stated that the public conveniences will be made available in all the three senatorial zones in the state, added that the sum of 2.5 billion has also been allocated for the completion of the construction, landscaping and furnishing of International Conference Centre, ICC, Enugu.
He said that the sum of 1.5b has been allocated for the rehabilitation of Presidential Hotel, Enugu while the sum of 2b has been set aside for the construction/ renovation of public Buildings in the state.
“The 202 budget is obviously people oriented as it seeks to address the security challenges in the state, massively invest in and develop basic infrastructure, education, health and other critical areas of major concerns” he said.
He maintained that the budget intends to strategically consolidate and expand on the solid foundation already laid in creating an environment that encourages full development of human and natural resources as well as building of vital infrastructure in all sectors of economy in the state.
A further breakdown of the budget shows that out of the total sum of 68.8 billion allocated as recurrent expenditure, the sum of 34.97 billion is for personal costs, 27.18 billion is for overhead cost while 6.64 billion is for subventions to parastatals and Tertiary institutions.
Read Also: Driver Kills Woman In Awka
Out of the sum of 100.77 billion allocated for capital expenditure, 15.94 billion is allocated to the Administration sector, 66.69 billion to the economic sector, 1.62 billion to law and justice sector, 316.5 to regional sector while 16.16 billion is allocated to the social sector.
The 2020 budget is expected to be funded from estimated Independent Revenue of 119.89 billion, including 65.25 billion expected as statutory Allocations from the Federation Account Allocation Committee, FAAC 28.44 billion from the State’s Independent sources: Internally Generated Revenue and 26.2 billion as the opening balance.
The opinions, beliefs and viewpoints expressed by the author and forum participants on this website do not necessarily reflect the opinions, beliefs and viewpoints of Anaedo Online or official policies of the Anaedo Online.