Ihedioha, Zulum sign 2020 budgets
Imo State Governor, Emeka Ihedioha, has signed the N197.6bn 2020 appropriation bill into law.
A breakdown showed N91.4bn for recurrent expenditure, while it was for N106.2bn for capital expenditure, representing 53.8 per cent of the budget size.
He also signed five other bills into law, bringing to a total of 18 bills signed by him since he became governor seven months ago.
At the occasion were his deputy, Gerald Irona; the Speaker, House of Assembly, Dr. Chiji Collins and Secretary to the State Government (SSG), Uche Onyegucha, among other state government officials.
With the processes completed, Imo has restored the January-December budget circle.
Ihedioha, on November 27, presented a proposal of N197.6bn to the assembly. Last Tuesday, the Assembly passed the bill after the Ogbuagu-led committee did necessary legislative screening.
He commended the members of the ninth state Assembly for passing the bill at record time.
Also, Borno State Governor, Babagana Zulum has signed the N146.8bn 2020 appropriation bill into law, stating that he won’t entertain submissions outside the budget.
Zulum said: “I intend to be strict in adhering to 2020 budget provisions for Ministries, Departments and Agencies (MDAs). Under no circumstance should any commissioner make financial submission that was not provided for in this budget.”