The Executive Governor of Delta State, Dr Ifeanyi Okowa has presented N367bn budget tagged “Budget Of Sustainable Growth” for 2019 fiscal year to the Delta State House Of Assembly.
In the budget presented, capital expenditure is expected to gulp N209, 999,054,198 which is 57.21% while the sum of N157, 096,029,253 or 42.79% of the budget would be spent on recurrent expenditure.
He said; “Despite the fluctuating fortunes of the economy in the last three-and-half years, I humbly note that our State has continued to forge ahead; workers are paid regularly, thousands of previously unemployed youths are gainfully employed, and many of our people now enjoy better facilities in terms of roads, water, education and health. Agriculture has received a strong boost with many cluster farms springing up in different parts of the State and, even more importantly, our people remain committed to peace and harmonious living,”.
“We shall build on this stable growth to position Delta State as a dynamic economy for the future; indeed, a stronger Delta beckons.” he added.
He presented the budget to a full House Of Assembly members with the Speaker, Rt. Hon. Sheriff Oborevwori.
N76.6bn was proposed for road infrastructure while 26.8bn was proposed for Education.