By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News PathfinderNews PathfinderNews Pathfinder
  • Home
  • News
  • Economy
    • Business
    • Opinion
    • Politics
    • Technology
  • Sports
    • Grassroot
    • Athletics
    • Female Football
    • Football
    • NPFL
    • Others
  • Health
    • Coronavirus
  • Education
  • Entertainment
  • Fashion
  • FIFA
  • Human Interest
  • Interview
  • Religion
  • SMEs
  • Community
  • Feature
Reading: Gov. Soludo Assents To 2022 Revised Appropriation Budget Of N170Bn, Says Borrowed Money For Critical Infrastructural Development
Share
Notification Show More
Font ResizerAa
Font ResizerAa
News PathfinderNews Pathfinder
  • Privacy Policy
  • About Us
  • Advertize With Us
  • Teams
  • Home
  • News
  • Economy
    • Business
    • Opinion
    • Politics
    • Technology
  • Sports
    • Grassroot
    • Athletics
    • Female Football
    • Football
    • NPFL
    • Others
  • Health
    • Coronavirus
  • Education
  • Entertainment
  • Fashion
  • FIFA
  • Human Interest
  • Interview
  • Religion
  • SMEs
  • Community
  • Feature
Follow US
  • Home
  • Blog
  • Complaint
  • Advertise
© 2022 News Pathfinder. All Rights Reserved.
News Pathfinder > Blog > Interview > Gov. Soludo Assents To 2022 Revised Appropriation Budget Of N170Bn, Says Borrowed Money For Critical Infrastructural Development
Interview

Gov. Soludo Assents To 2022 Revised Appropriation Budget Of N170Bn, Says Borrowed Money For Critical Infrastructural Development

NewsPathFinder
Last updated: July 22, 2022 11:50 am
NewsPathFinder
Published: July 22, 2022
Share
SHARE

By Pamela Eboh

Anambra State Governor, Professor Chukwuma Soludo, has assented to the 2022 Revised appropriation budget of N170 billion naira.

Signing the budget tagged “Building Off From The Blocks” at the Government House, Awka, Thursday night, the governor hailed members of the House of Assembly for being responsible, responsive and diligent to their job as lawmakers and representatives of the people of Anambra State

He noted that the patriotic and responsive manner the budget was passed by the State House of Assembly was not only commendable but signalled the birth of a new partnership for a greater Anambra

He said, “There was no underhand dealings in signing the budget rather the process was conducted with integrity, patriotism and responsiveness

“Government is left with no options other than to ratchet up multiple strategies including taking a look at the trajectory of expenditure, introduce prudence in spending, among others.”

Soludo recalled that in his campaign manifesto, N250 billion naira was estimated as the amount required to build critical infrastructure towards the realization of the livable and prosperous homeland in the state that Ndi Anambra yearns for.

He however regretted that the resources at Government disposal are abysmally lean as well as the earnings from the oil sector which has also gone downward slide.

According to the governor, efforts are being made to digitalize the Internally Generated Revenue, IGR of the state to eliminate leakages

While describing it as part of the measures to improve government finances, he explained that in the interim, his administration has decided to borrow N100 billion naira, saying, “Ndi Anambra cannot wait.”

The Governor added, “Not the whole amount will be spent this year. The borrowed money will be re-fenced and will be used for critical infrastructural development particularly in building roads, bridges etc.

“There will be absolute prudence in making sure Ndi Anambra gets value for the money borrowed. Every kobo will be judiciously used to create wealth that will benefit the people of the state.”

While canvassing for stronger synergy between the legislative and other arms of government at all levels, Soludo thanked the Speaker and the House members for understanding the exigencies to approve the plan to borrow, even as he promised Ndi Anambra that the money will be spent on critical infrastructure, particularly on roads, bridges, flyover, among other strategic projects.

He gave assuance that the budget will be implemented within the cash flow, noting that his administration is currently cleaning up the state wage bill and the payroll system.

“I thank Ndi Anambra for their support and sacrifices through payment of their fair share of taxes and others. For people who have violated public order such as indiscriminate building of illegal structures, we say enough is enough. These are necessary, painful steps that we must take to rescue our state”, Soludo stated.

The Commissioner for Budget, Ms. Chiamaka Nnake and Special Adviser to the Governor on House of Assembly Matters, Chief Anayo Nnebe appreciated the members for doing a good job on the budget.

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to share on Pinterest (Opens in new window) Pinterest
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading...

You Might Also Like

Why I am Contesting For NFF Executive Board Member — Alkali
Our Primary Target In NNL Is To Solidify Our Presence – Ijele FC Boss, Naza
Football Academies Should Partner Schools For Successful Developmental Programs — Mr Chidi Okoro
Soludo has what it takes to rule Nigeria: Aburime
We Are Deliberate About Our Support For Sports In Nigeria – ProStar Boss, Maduako
Share This Article
Facebook Twitter Email Print
Previous Article ACSPN Empowerment Series Ends In Anambra With A Call On Practitioners To Apply Ethical Guidelines In Fighting Insecurity
Next Article Anambra Approves Specialized Court For Children And Other Offences.
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

Facebook Like
Twitter Follow
Youtube Subscribe
Telegram Follow

Like Our Page

Latest News

NNL Announce New League Format And Kick-Off Date For 2025/2026 Season
Sports
Ali Ibrahim Pledges To Boost Table Tennis In North Central If Elected
Sports
AFN Boss, Okowa Reaffirms HiRacer’s $20,000 Pledge To Amusan
Athletics
Anambra State Government Approves N42.8 Billion Worth Of Infrastructure Projects
News
//

Newspathfinder is a Nigerian based online newspaper published by PUZOFACT MEDIA AND COMMUNICATION SERVICES with trained media professionals.

 

Quick Link

  • About Us
  • Advertize With Us
  • Contact Us
  • Privacy Policy
  • Teams

Support

  • Back Pass
  • Column
  • Feature
  • Foreign
  • Video

Calendar

July 2022
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Jun   Aug »
© 2023 News Pathfinder. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

%d