Governor Fayemi Present 2022 Budget Proposal Before House Of Assembly

In Ekiti State, over one hundred billion nairas is to be spent in the 2022 fiscal year.

The budget Proposal christened “budget of Legacy and Consolidation” was presented by the Governor of the state, Dr Kayode Fayemi before members of the Ekiti State House of Assembly during a plenary in Ado Ekiti.

The 2022 budget proposal which is five per cent lower than the 2021 budget was said to have been prepared based on the current economic realities.

In his analysis, the Ekiti State Governor Dr Kayode Fayemi said that over 36 billion nairas would be spent on Governance, infrastructure and industrial development,28 billion nairas,  Knowledge-Economy 19 billion nairas,  while social Investment got 14 billion nairas.

According to Governor Fayemi, recurrent expenditure stood at 60 billion nairas, while the capital got over 40 billion naira

He said that the budget had been tailored towards addressing economic challenges, boosting infrastructure, creating Job opportunities and meaningful growth that would bring sustainable peace to Ekiti.

Governor Fayemi maintained that his administration remained committed to the management of available resources by ensuring transparency, accountability and probity.

The governor listed some of the projects completed and inaugurated out of the 2012 budget to include, college of Agriculture, renovation of schools, reconstruction of roads, Egbe, Ero and  Ureje dams.

As part of measures to ensure a healthy society, the Ekiti State Governor explained that over two million indigenes would be vaccinated in 2022 to prevent the state from the third waves of the COVID-19 and other diseases to safeguard the health of citizens.

He maintained that the aims and objectives of the budget proposal would be adequately protected with a promise not to relax in the efforts to make Ekiti great.

In his acceptance speech, the speaker, Ekiti State House of Assembly,  Mr Funminiyi Afuye appreciated Governor Fayemi and other Executive members for the landmark achievements recorded in the state and expressed confidence that the 2022 budget would sustain the spate of Development in the state.

Mr Afuye however assured that the Assembly members would do justice to the appropriation bill in line with the current administration’s efforts to make meaningful change.

Oriola Afolabi