Niger Delta
Diri Presents N385.2bn 2023 Appropriation Budget …Capital Expenditure Gulps N167.545bn
Bayelsa State Governor, Senator Douye Diri, has presented a N385,211,578,924 Appropriation Budget for the 2023 fiscal year to the state House of Assembly for consideration.
Presenting the proposal tagged: “Budget of Sustainable Growth and Reconstruction,” at the Assembly, Senator Diri said it was hinged on a six-pronged agenda, which include continuous building of infrastructure and reconstruction of such infrastructure that had been severely degraded by the floods.
He also said the Civil Service would be made more professional, while the agricultural sector will be transformed to be an essential contributor to the state’s economy and generate employment through various empowerment programmes.
He also stated that while his administration would continue to engage the Federal Government to intervene on the flood situation, a special Directorate for Flood and Erosion Control and Management would be established to provide technical support for flooding and erosion-related issues.
The Tide reports that the Governor further stated that the budget would be funded from various sources such as the monthly Federation Accounts Allocation Committee (FAAC) receipts to the tune of N153.511 billion, saying it represents 40% of the total appropriation.
Other are the 13% derivation with N148 billion, representing 39%, internally generated revenue (IGR) of N20 billion, representing 5%, grants of N16.7 billion, representing 4%, and loans of N47 billion, representing 12%.
Details of the proposed expenditure include personnel cost of N63.380 billion, overhead cost N95.458 billion, capital expenditure N167.545 billion, pension and gratuities (N14.711 billion), public debt servicing (N33.7 billion), and contributory pension, LGAs, Rural Development Authorities (RDAs) and SUBEB (N4.7 billion).
A sectoral breakdown of the budget proposal indicated that the Ministry of Works and Infrastructure got the lion’s share of N77.924 billion, followed by Education Ministry N40.458 billion, totalling N118.382bn.
Other allocations were: Ministry of Agriculture and Natural Resources (N14.199bn), Environment (N13.842bn), while Health had N12.526bn.
Governor Diri said Lands and Housing Ministry would get N7.278 billion, Information, Orientation and Strategy N6.319 billion, while Ministry of Transport N5.322 billion, and N5.793 billion was earmarked for the Local Government and Community Development Ministry.
The Tide further reports that while the Ministry of Youth and Sports was allotted N4.610 billion, Trade, Industry and Investment got N2.844 billion, and the Ministry of Power got N2.5 billion.
The Governor said the government had prudently implemented the 2022 budget and made noteworthy headway in executing several capital-intensive projects.
Such projects include the 22.2km Yenagoa-Oporoma-Ukubie Road, which had been asphalted close to Angiama community, the bridge across the Silver River at Aguobiri Community that is about 90% completed, while work on the Angiama-Oporoma Bridge was ongoing and being adequately funded.
According to him, the continuation of the 42km stretch of the Sagbama-Ekeremor Road, which asphalting had reached Aleibiri in Ekeremor Local Government Area, is scheduled to be completed within the first quarter of 2023.
“Work is also progressing on one lane and median of the 21km Igbogene-AIT/Elebele Outer Ring Road, while two sections of the road, Igbogene to Okarki and Imiringi to Elebele roundabout, have been completed. Work is ongoing on the two remaining sections of the lane,” he said.
He noted that construction of the Nembe-Brass Road, conceived over seven decades ago, was ongoing, stating that the first phase of the road covers 21km with 10 bridges and had a completion timeline of 24 months.
Responding to the Governor’s presentation, Speaker of the 6th Bayelsa State House of Assembly, Rt. Hon. Abraham Ingobere, described it as historic, being the last of the Prosperity Government’s first tenure and the last the present crop of lawmakers would attend to before next year’s election.
The Speaker assured that the Assembly will prioritise the appropriation bill and ensure deliberation on it was completed before the end of the year.
He, however, drew the Governor’s attention to what he described as revenue leakages in the state IGR and advised that the financial team synergises to block such loopholes in the revenue generating agencies that he said were not remitting levies to the state coffers.
By: Ariwera Ibibo-Howells, Yenagoa