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Fayemi signs 2022 Appropriation bill into law, promises timely completion of legacy projects

December 24, 2021
in Business News, Latest Nigeria News, Nigeria News, Politics News
Fayemi signs 2022 Appropriation bill into law, promises timely completion of legacy projects

Fayemi signs 2022 Appropriation bill into law, promises timely completion of legacy projects

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Ekiti State Governor, Kayode Fayemi has signed the 2022 Appropriation of One Hundred Billion, Seven Hundred and Fifty Three Million, Nine Hundred and Ninety Three Thousand, Two Hundred and Forty One Naira, Sixty Kobo ( ₦100, 753,993,241.60K) into law with a promise to complete all ongoing legacy projects and consolidate on other achievements recorded in the past three years.

The 2022 Appropriation, christened “Budget of Legacy and Consolidation”, was presented to the Governor by the Speaker of the Ekiti State House of Assembly, Rt. Hon Funminiyi Afuye, at the Executive Council Chamber, Governor’s Office, Ado Ekiti in the presence of the Deputy Governor, Otunba Bisi Egbeyemi, Deputy Speaker, Hakeem Jamiu, and other members of the Executive Council and the legislators.

The budget with a percentage ratio of 60:40 recurrent to capital expenditure, according to Governor Fayemi was designed to complete the Ekiti Cargo Airport, the Ado-Iworoko section of the Ado-Ifaki Road, renovation of township roads, and the commencement of the construction of farm roads across the State.

Others include completion and equipping of the Intensive Care Unit (ICU) at Ekiti State University Teaching Hospital (ESUTH), construction and renovation of schools, provision of learning materials to students, completion of ongoing erosion and watershed management project, foundation laying for Ekiti Knowledge Zone and the Special Agriculture Processing Zone, among others.

The Governor added that the budget was also prepared to ensure that enduring legacies are handed over to successive governments with a clear blueprint of development plans to lift Ekiti into a period of sustained prosperity.

Earlier, the Speaker of the House of Assembly, Funminiyi Afuye conveyed the satisfaction of state law makers with the budget preparation, adding that it reflected the yearnings and aspiration of the people of the State and was guided by strong fiscal policies with strategic focus on the five pillar of Governor Fayemi’s administration.

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