File Photo: Godwin ObasekiThe Governor of Edo State, Mr Godwin Obaseki, will on Wednesday, November 29, present the budget proposal for 2018 fiscal year to the Edo State House of Assembly for consideration.
The budget is expected drive growth and progress in all sectors of the state. It has N73.9 billion for capital vote while N66.2 billion is proposed for recurrent expenditure. This brings the budget size to N140.1 billion.
According to Obaseki, the budget will boost industrial activities following the implementation of the 2017 budget, which laid the foundation for economic revolution in the state.
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Reviewing the activities of the outgoing year, the governor said that, “despite the challenges posed by the economic recession, the state was able to meet its salary and pension obligations to civil servants, constructed several roads across the state and kick-started the development of the N200billion Benin Industrial Park amongst other achievements.
Obaseki To Present N140bn 2018 Budget Proposal
