More
    HomePoliticsSouthern Ijaw LG proposes N8.98 bn budget for 2024

    Southern Ijaw LG proposes N8.98 bn budget for 2024

    Published on

    The Southern Ijaw Local Government Area (LGA) in Bayelsa, on Friday proposed to spend N8.98 bn for the 2024 fiscal year.

    Hon Target Segibo, Chairman of the LGA presented the budget extimates to the Southern Ijaw Legislative Assembly at Oporoma, headquarters of the council.

    He explained that he budget focuses on critical areas to ffast track development of the LGA. he listed the key areas to include infrastructure, education, healthcare, agriculture, sports ,workers’ welfare, poverty reduction, security, employment generation and rural development.

    The budget, he said is built around his commitment to transparency and accountability of the various income and expenditures.

    The Chairman in his presentation said the implementation of the budget will fulfil his key campaign promises to people of the area.

    He noted that the implementation will be largely determined by the support of other actors in the Council and people of Southern Ijaw. “Under this administration, Southern Ijaw Local Government Council will create and break grounds across development sectors.

    “This is all due to our commitments in an inclusive growth. “Of particular interest, Mr.Leader and members of the Southern Ijaw Legislative Assembly,are the recent data on healthcare delivery, poverty, unemployment.

    “Also, welfare of workers and physical development of the LGA as well as Security. “All these are critical demonstrations that Southern Ijaw Local Government Area will be better within the three (3) years of my very focused administration,” Segibo said.

    He said the budget will be funded with incomes from the federal allocations, internally generated revenue, grants and other capital receipts. The budget allocated N2.73 bn , 30.44 per cent of the budget estimate to recurrent expenditures.

    Whereas ₦ 6.056 bn representing 67.40 for capital expenditure. Receiving the budget estimate on behalf of other members, Leader of the Southern Ijaw Legislative Assembly ,Mr.Edward Oweila commended Segibo on his proactive leadership.

    He applauded the timely presentation of a people-oriented budget. He assured the Council Chairman that the House will thoroughly consider the budget estimate with a view to passing it within expected time.

    Latest articles

    POVERTY, REFORM AND THE PROBLEM OF CAUSATION

    What the evidence says about hardship, recovery and the road ahead By Tanimu Yakubu, Director-General,...

    Resource Control: Ambakederimo calls for 70 % revenue retention by states

      Elder Joseph Ambakederimo, a Niger Delta leader, has called for a fundamental restructuring of...

    Bayelsa PDP rules out automatic ticket, welcomes MacIver’s 2027 governorship bid

      The Peoples Democratic Party (PDP) in Bayelsa has reaffirmed its readiness for the 2027...

    PC-NCG Warns Nigerians Against Fake Recruitment Into Proposed Coast Guard

        The Provisional Committee of the Proposed Nigerian Coast Guard (PC-NCG) has warned Nigerians against...

    More like this

    POVERTY, REFORM AND THE PROBLEM OF CAUSATION

    What the evidence says about hardship, recovery and the road ahead By Tanimu Yakubu, Director-General,...

    Resource Control: Ambakederimo calls for 70 % revenue retention by states

      Elder Joseph Ambakederimo, a Niger Delta leader, has called for a fundamental restructuring of...

    Bayelsa PDP rules out automatic ticket, welcomes MacIver’s 2027 governorship bid

      The Peoples Democratic Party (PDP) in Bayelsa has reaffirmed its readiness for the 2027...