MetroNewsSociety

Soludo Signs Revised Budget Of N170 Billion, Borrows N100 Billion

Soludo Signs Revised Budget Of N170 Billion, Borrows N100 Billion

Governor Charles Soludo of Anambra has signed the revised budget of N170 billion into law. PeopleGazette reports.

Mr Soludo said the budget christened ‘Building off from the Blocks’, fell short of N250 billion, estimated as the amount required to build critical infrastructure.

See Other Top News:

Christian Aburime, the Anambra governor’s press secretary, who disclosed this in a statement on Friday, said, “While commending the speedy passage of the budget, the governor called for stronger synergy between the legislature and other arms of government. There were no underhand dealings in signing the budget, rather the process was conducted with integrity, patriotism, and responsiveness.” Information Guide Nigeria

Mr Soludo, who said though the resources at government’s disposal were abysmally lean, and earnings from the oil sector were so low, his administration would bridge the deficit through multiple strategies, including cutting down on expenditure and prudent procurement process.

The governor said he obtained the approval of a N100 billion loan to boost available finances for effective execution of the budget. jamb results

“Not all the borrowed money will be spent this year; it will be re-fenced and used for critical infrastructure development, particularly in building roads, bridges, and others,” Mr Soludo stated. “There will be absolute prudence in making sure the people of Anambra get value for the money borrowed, and every kobo judiciously used to create wealth.”

Mr Soludo, however, noted, “My administration is currently cleaning up the state wage bill and the payroll system.”

Check and Confirm: How much is Dollar to Naira today     Pounds to Naira today

👍Advertise your business on InfoGuideNigeria.com!

From just N4,999 per month, you can advertise your products and services to over 1,500,000 users on our website. Click here to read more.

👇👇👇👇👇

Information is Power!

Don’t miss any valuable information or opportunity that can change your life, business, and family positively and permanently.

👇👇👇👇👇

Click Here to Join our Google Group 

For Latest updates on News, Jobs & Business Ideas, and Opportunities.

Copyright Warning!

Contents on this website may not be republished, reproduced, or redistributed either in whole or in part without due permission or acknowledgment.
.
Proper acknowledgment includes, but not limited to (a) LINK BACK TO THE ARTICLE in the case of re-publication on online media, (b) Proper referencing in the case of usage in research, magazine, brochure, or academic purposes,.
.
All contents are protected by the Digital Millennium Copyright Act 1996 (DMCA).

.


The images, except where otherwise indicated, are taken directly from the web, if some images were inserted by mistake violating the copyright, please contact the administrator for immediate removal.

.
We publish all content with good intentions. If you own this content & believe your copyright was violated or infringed, please contact us  for immediate removal.

🤑 Start Making Money from home today!

👉 Get the correct FREE FOOTBALL PREDICTION TIPS and Guides today. Click here

.

🤑 Make Money now!

👉 Make money writing for us. Apply for Freelance writing jobs in Nigeria.

👉 Make Money as InfoGuideNigeria Advertising Agents, read more here

.

Goodnews

Essien, Goodnews is a gruaduate of Communication Arts, University of Uyo, Uyo; Currently working at Infoguide Media as a news writer.

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button

It looks like you're using an ad blocker!

This website InfoGuideNigeria.com is maintained by the advertising revenue and we noticed you have ad-blocking enabled. Please disable Ad-Blocker