Nigeria News

NIGERIA: Anambra State House of Assembly budget N110.94 billion for 2013

Anambra State Governor, Peter ObiAnambra State House of Assembly has passed the state’s 2013 budget of N110.94 billion. The amount represents a slight increase of N60 million or 0.054 per cent of the N110.89 billion presented to the House for approval by Governor Peter Obi in December last year.

The approved amount is made up of N39.995 billion for recurrent expenditure and N70.955 billion for capital expenditure.

The additional N60 million was an increase made by the finance and appropriation committee on the projected share of the state’s federation account from N54 billion to N54.06 billion.

The lawmakers also increased the capital expenditure of the House of Assembly from N710.50 million to N770.500 million and allocation for constituency projects from N300 million to N360 million

The House similarly removed the N50 million emergency funds allocated to Anambra State Universal Basic Education Board, ASUBEB, thereby reducing the capital expenditure of the Ministry of Education from N10.224 million to N10.173 million.

It also reduced the capital expenditure estimate for Environmental Health/Pollution control from N263 million to N21.5 million and increased the allocation for the promotion of preservation of arts, Igbo language and culture from N20 million to N70 million, thus increasing the capital budget of the Ministry of Information, Culture and Tourism from N888.617 million to N938.617 million.

Another landmark capital allocation increase was for the State Independent Electoral Commission, ANSIEC, from N298 million to N498 million, specifically to ensure that the commission conducted local government election this year.

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