Scores Administration High In Service Delivery
DELTA State Governor, Dr Emmanuel Uduaghan on Wednesday presented a budget proposal of N327.68 for the 2015 fiscal year to the State House of Assembly.
Governor Uduaghan gave the breakdown of the budget as comprising N161.6 billion recurrent and N166.07 billion capital estimates, representing 49.32 and 50.68 per cents respectively.
Dr. Uduaghan disclosed that the 2015 estimates was lower than the 2014 fiscal estimates by N123.05 billion, explaining that the decrease was due to the fall in the price of crude oil at the international market.
“I wish to announce a budget proposal of N327,682,982,917(three hundred and twenty seven billion, six hundred and eighty two million, nine hundred and eighty-two thousand, nine hundred and seventeen naira) for the services of Delta State in the 2015 fiscal year.
“This amount comprises N161,606,428,928(one hundred and sixty one billion, six hundred and six million, four hundred and twenty-eight thousand, nine hundred and twenty-eight naira) or 49.32% for Recurrent Expenditure and N166,076,553,989 (one hundred and sixty billion, seventy six million, five hundred and fifty-three thousand, nine hundred and eighty-nine naira) or 50.68%for capital expenditure,” he said.
Sectoral breakdown of the capital estimates revealed that a lion share of N50.32 billion, representing 30.3 per cent went to the economic sector, followed by the social, general administration and environmental sectors while the sum of N34 billion was voted for the Delta State Oil Producing Areas Development Commission (DESOPADEC).
Governor Uduaghan said that N68.53 billion of the recurrent estimates was allocated to personnel costs, N51.33 billion for overhead
