Home » Edo, Headlines, State News » Edo cut 2017 budget estimates by 16.49%

Edo cut 2017 budget estimates by 16.49%

EDO State Government said it has reduced the state 2017 budget to N127.92 billion from N153. 9 billion earlier estimated.

The decision was taken by the state’s execu- tive council on Friday in Benin and communicated through a statement by Mr Paul Ohonbamu, the state Commissioner for Communication and Ori- entation.

Ohonbamu said that after careful deliberation and examination, the 2017 budget estimate of about N153.19 billion was cut down to N127.92 billion, representing 16.49 per cent reduction.

He added that the reduction was necessitated by the creation of new ministries as well as the current economic realities in the country. Ohonbamu also said that the new budget estimate would be sent to the State House of Assembly for consideration and passage.

-Sun

Related Posts

EasyFreeAds Blog News Facebook Twitter Myspace Friendfeed Technorati del.icio.us Digg Google Yahoo Buzz StumbleUpon

Short URL: http://newnigerianpolitics.com/?p=49101

Posted by on Oct 14 2017. Filed under Edo, Headlines, State News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

Headlines

NNP BREAKING NEWS:

Categories

Browse Books & Magazines

Featuring Top 4/14 of Books & Magazines

Browse Corruption Politics

Featuring Top 3/98 of Corruption Politics

You’re chasing shadows, Mark tells EFCC

Browse NNP Columnists

Featuring Top 10/1219 of NNP Columnists

Browse National Politics

Featuring Top 5/669 of National Politics

Justice must be Served: As we remember Ken Saro-Wiwa – 22 years after his murder

--

FEATURED VIDEOS

SEARCH POSTS BY DAY & MONTH

SunMonTueWedThuFriSat
12
34
5
6
7
8910
1112
13
14
1516
17181920
21
22
2324252627
28293031

© 2018 New Nigerian Politics. All Rights Reserved. Log in - Designed by Gabfire Themes