Governor Ifeanyi Ugwuany of Enugu State on Friday signed into law the State 2020 Appropriation Bill. The appropriation bill of a total of ₦169,557,658,300:00 (One hundred and Sixty-nine billion, Five hundred and fifty-seven million, Six hundred and Fifty-eight thousand, three hundred Naira) only made up of a Capital Expenditure budget of₦100,767,658,300.00 i.e. 59% of the total budget and Recurrent Expenditure of ₦ 68,790,000.000 (Sixty-eight billion, Seven hundred and Ninety million naira) only, being 41% of total budget, was passed by the Enugu State House of Assembly on the December 24, 2019. The recurrent Expenditure of ₦ 68,790,000.000 aimed at ensuring the smooth running of Government, its agencies and departments, also accommodated expected expenditure arising from the consequential adjustments on the new minimum wage. Ugwuanyi at the signing of the budget in Government house Enugu, upon presentation of the appropriation bill by the Speaker of the Enugu State House of Assembly Rt.
Source: Nigerian Tribune December 27, 2019 14:37 UTC