Delta’s N714. 4bn Budget Passes 2nd Reading

Delta State Appropriation Bill of N714.4 billion for the 2024 fiscal year has passed second reading on the floor of the state House of Assembly.

The House leader, Emeka Nwaobi led the debate yesterday on the merit of the bill during plenary of the Assembly presided over by the speaker, Hon Emomotimi Guwor.

Nwaobi said Delta State has been positioned on the road map for accelerated and uncommon socio-economic transformation by Governor Sheriff Oborevwori who had during his campaign promised to do more for the people.

The majority leader and the deputy speaker, Arthur Akpowhowho, member representing Bomadi constituency, Oboro Preyor and his counterpart for Warri South 1, Austin Uroye, said the 2024 budget is geared to restore hope to Deltans, alleviate poverty and encourage steady growth in every sector of the economy, including the non-oil sector.

Others in their individual contributions, described provisions in the proposed budget as vision driven and geared towards speedy development and well-defined economic reforms.

Guwor commended the lawmakers for their robust debate on the appropriation bill, saying that they had again proven their commitment to the growth and development of the state.

The speaker referred the bill to the House Committee on Finance and Appropriation, with all other standing committees as sub committees to report back to the House today, Wednesday.

The proposed law, christened: “Budget of Hope and Optimism” is made up of N316.6 billion, representing 44 percent of the budget as recurrent expenditure and N397.9 billion, 56 percent as the capital expenditure.