Home > Breaking News > Appropriation Bill: Rivers passes N470bn, Ogun N221bn

Appropriation Bill: Rivers passes N470bn, Ogun N221bn

Share Button

-Agency reports

The Rivers State House of Assembly on Friday passed the state’s 2017 Appropriation Bill of N470 billion. The Ogun State House of Assembly has passed the sum of N221, 090, 844,017as the 2017 Appropriation Bill for the state.

Speaking at the Plenary, the Speaker of the Rivers state Assembly, Mr. Dabutorudima Adams, said the House was satisfied with the performance of all the agencies of government that defended their allocations.
He said the House was also satisfied with the performance of the 2016 budget.
Adams said the adherence of the Executive arm in the implementation of the 2016 fiscal document, necessitated the approval of the 2017 budget.
“The consultations on the 2017 document carried out by the lawmakers with the various agencies, ministries and parastatals were strong enough.
“Today, we are approving the 2017 Appropriation Bill as a valid working document for the next fiscal year.
“The budget would no doubt put smiles on the faces of the people of the state as it would support the creation of jobs for our teeming youths and women,’’ he said.

The Ogun state governor Sen. Ibikunle Amosun said, the Budget came with a reduction of about N38m from the initial N221, 129,344,017 presented over a month ago.
The passage of the bill followed the presentation of the report of the House Committee on Finance and Appropriation led by Hon. Akanbi Bankole, who thereafter, moved the motion for its adoption, seconded by Hon Olayiwola Ojodu and supported by the whole House.

Share Button

Leave a Reply

Your email address will not be published. Required fields are marked *