Governor David Umahi of Ebonyi State Friday presented to the state House of Assembly appropriation bill of one hundred and one billion, one hundred and fifty four million, six hundred and forty six thousand thirty naira, N101.1 billion, only for 2016 fiscal year.
A breakdown of the bill tagged ‘Budget of Divine Actualisation’ earmarked N62, 396,750,000.00 for capital expenditure representing 61.68 per cent of the budget outlay while N38,757,896,030.00 was set aside for recurrent expenditure being 38 percent of the total estimate.
The total estimate of about N101.1bn is slightly above that of 2015 which was N96.52bn.
The economic sector got N36.890 billion, the largest chunk, being 59 per cent of the estimate of which the governor said was with the basic aim of tackling challenges in the roads, water, electricity, agriculture, education, commerce and industrial sectors.
Under the economic sector, the Ministry of Works got the highest allocation with N25 billion, representing 67.8 per cent, Ministry of Water Resources, N3billion, Commerce and Industry, N2billion while other Ministries shared N6.89 billion being 18.7 per cent of the budget for the sector.
The social sector got a total of N10.304 billion representing 16.5 per cent of the capital budget with education having allocation of N5.909 billion, health N2.445 billion and others N1.95 billion.
Judiciary and regional (capital city, Abakaliki and environs) received N1.117 billion and N0.203 billion respectively.
Giving an overview of the 2015 budget Umahi noted that the past administration had on December 30, 2014 presented to the House her 2015 appropriation bill.
He explained that the then Executive did not come up to defend the budget, a situation that dragged until he was sworn in as governor on May 29, 2015.
He added that the development made him to review the estimate and presented same to the fifth House of Assembly on June 22, 2015.
The House after receiving the bill immediately deliberated on it and allowed it to pass first reading in the presence of the governor.