June 11, 2024

Central News

at the center of it

Imo gov presents N592.2bn 2024 budget, marks 65th birthday with Thanksgiving service

GOVERNOR Hope Uzodimma of Imo State has presented his government’s 2024 appropriation bill of N592, 234,594,176 to the state assembly, seeking the members’ kind, expeditious passage.
He did this on Tuesday at the Imo State House of Assembly complex, the same day he also marked his 65th birthday anniversary with a thanksgiving service in Govt. House.
Tagged “Budget of Renewed Economic Growth,” Gov. Uzodimma says the proposals are at the heart of the consolidation of the economic gains already recorded during the first term of his administration, and to align the economic growth of Imo State with his 10-year development plan.
According to his chief press secretary and media adviser Oguwike Nwachuku, the governor says:
“It is significant in the sense that we are commencing the fiscal transition from one administration to another with the same captain. It is all to the glory of God.
“The budget proposal is for the first fiscal year of the first year of my second tenure in office as governor; that is unique indeed.
“The 10th state assembly that will consider the budget for approval is also a brand-new assembly of vibrant and committed young legislators elected by our people to pilot the affairs of the legislature for the next four years. This is also remarkable.”
Gov. Uzodimma who says the budget is focused on the rapid economic growth of Imo State, notes that the capital expenditure for the 2024 budget is N491.2bn (82.9%) while recurrent expenditure would take N100.99bn.
Unequivocal witness
This compares to N373.6bn budgeted for capital expenditure in the 2023 budget; the 2024 budget translates to a 32% increase in capital expenditure.
“Also, compared to the N48.34bn figure in 2023, the sharp decrease in the budgetary allocation for overhead expenditure stands as an unequivocal witness of our resolve to cut down on frivolous expenditure to help boost the funding of capital projects in the state,” the governor says.
He adds that these are pointers that, “the administration is determined to checkmate all forms of leakage or waste of public resources.
“Prudent and efficient management of public funds is the new norm that cannot be compromised. As always, all capital projects must be subject to due process, routine scrutiny, and audit.”
Gov. Uzodimma says his administration would ensure that every act of sabotage in the implementation of the 2024 budget is diligently sanctioned.
The 2024 budget has a total “budgeted revenue” of N241,002,701,430 with the overhead cost put at N43,057,826,40, against the N48,337,363,452 provided as overhead cost in 2023, representing 7.27% of the total budget estimate; and the sum of N15,743,247,101 provided in the budget as Consolidated Revenue Fund Charges (CRFC).
Personalities who witnessed the event include key All Progressives’Congress (APC) chiefs national chairman Dr. Abdullahi Ganduje, vice-chairman (South) Chief Emma Enukwu, Imo State deputy governor Prof Placid Njoku, deputy governor-elect Lady Chinyere Ekomaru, Imo State Council of Traditional Rulers chairman HRH Eze E.C. Okeke, representatives of different faiths, and top government officials, among others.
Gov thanks Imo people for love
Meanwhile, Gov. Uzodimma has expressed gladness over the outpouring of prayers and good wishes by the people of Imo State on the occasion of his 65th birthday anniversary.
He assures them that he would not disappoint their expectations.
He spoke on Tuesday at the Government House Chapel, Owerri in a brief remark he gave after the thanksgiving Mass to mark his birthday.
He says he appreciates the love and support Imo people have shown him and his family and more importantly, for believing in him, and promised not to let them down.
However, the governor who requested Imo people to “understand” his ways and “tolerate” his “short comings,” describes the day of his birth as ‘’a day of joy in which all will continue to be glad and rejoice.’’
To end his remarks, he again admonishes all Imo people to continue to live their lives as the people of God they prophess, doing the things expected of them and repenting of their sins so as to find favour with the Almighty.
In his homily, Rev. Fr. Stanley Onyeagba of St. Mary’s Catholic parish, Awommama, thanked God for the life of the governor and his family.
Fr. Stanley, however, cautions the governor to be wary of sycophants who may want to derail his good plans and for Imo people in the second term of his administration.
The eucharistic service was presided by cathedral administrator of Okigwe Catholic Diocese, Rev. Monsignor John Iwe, assisted by representatives of Owerri Catholic Archbishop, and of Orlu Diocese.
Christian Association of Nigeria (CAN) state chairman Bishop Eches Divine Eches and other men of God were also in attendance.
Highlights of the celebration were the presentation of birthday gifts to the governor.
Anglican Bishop of Egbu-Owerri Rt. Rev. Enyinnaya Okoroafor, state APC executives led by chairman Dr. Macdonald Ebere, and top Government House Management and staff led by the principal pecretary Dr. (Mrs.) Irene Chima and the Chief of Staff Barr. Nnamdi Anyaehie, led in the presentations.