Governor Umo Eno of Akwa Ibom State has officially signed the 2024 appropriation bill, amounting to N849.97 billion, into law. This significant event took place during an expanded Executive Council meeting at the Government House in Uyo on Thursday.JAMB Portal
The approved budget, as passed by the Akwa Ibom House of Assembly on December 21, saw an increase of N4.3 billion from the initial proposal of N845.63 billion that Governor Eno had presented. This adjustment in the budget reflects the state’s evolving fiscal priorities and requirements.InformationGuideNigeria
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In his remarks, Governor Eno emphasized the importance of enhancing revenue generation efforts in the state. He pointed out that for the fiscal year 2024, there should be a greater focus on generating revenue rather than on expenditures.JAMB Result
This approach is aimed at ensuring a more sustainable financial framework for the state, enabling it to meet its developmental goals and address the needs of its citizens effectively.
“In signing this budget today, my priority will be on revenue. How do we get to bring in the revenue? Because there is no point having a budget this big when the revenue is not commensurate.NYSC Portal
“If you review what happened last year, we had the budget too and in previous years, but revenue is always the issue.
“So, while we sign this budget to show that we have approval, I think what will be most important for all of us is to make sure that we meet the revenue part of it,” he said.
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