From Chinedu Nwafor, Abakaliki
Anambra State House of Assembly has passed the 2022 Revised Appropriation Bill of N169.6 billion presented to it by Governor Chukwuma Soludo.
The House passed the bill on Friday during plenary after the report of the House Committee on Finance and Appropriation was adopted.
Chairman of the House Committee on Finance and Appropriation, Hon. Obinna Emeneka, representing Anambra East State Constituency, explained that capital expenditure gulped N108 billion while recurrent expenditure took N61.3 billion of the revised budget.
“After thorough scrutiny and review, we recommend that the size of the 2022 revised budget be retained except for little adjustments in some ministries, department and agencies’ allocation.
“That the sum of N169,621,744,131 be approved for the service of the Anambra state government for the year ending, Dec. 31, 2022, and for related purposes.
“The committee also recommends that subsequently, projects and contractors be specified and funds should be released to MDAs to ensure effective budget performance”.
Speaker of the House, Mr Uche Okafor commended the committee for a thorough scrutiny of the budget.
The budget was passed through a voice vote.
Mr Okafor directed the Acting Clerk of the House, Mrs Esther Anaetoh, to send a copy of the bill to Soludo for his assent.
Also at plenary, the Speaker read a letter from Governor Soludo, dated July 5, seeking approval to secure a N100 billion Global Limit Multiple Term Loan Facility for the construction and refurbishment of key infrastructure in the state.
The letter was referred to the House Committee on Public Accounts for consideration and the Committee was mandated to report to the House on Thursday, July 21.