Skip to main content

Ayade signs 2021 budget of ‘Bliss and Blush’ into law

Ayade signs 2021 budget of ‘Bliss and Blush’ into law

By Emma Una, Calabar

Senator Ben Ayade, Governor of Cross River on Wednesday signed into law the state’s appropriation bill which was passed by the state assembly on Tuesday into law.

The budget tagged “Budget of Bliss and Blush” containing a total sum N281.7 bn was tabled before the State House of Assembly on October 5 and after a ‘speedy deliberation’ by the assembly it was passed on Tuesday evening.

Accenting to the Bill, Senator Ayade said the budget which has considerably reduced compared to past budgets which were in the region of trillions of naira has made provision for grants and welfare packages to cater for COVID-19 impacts on the people and also the establishment of a state polytechnic.

ALSO READ: Court has restored sanity in our party — Rivers APC

“The budget of Bliss and Blush gross component is in the dramatic reduction of the budget size from N1.01 trillion to N281 billion. One will then ask what will happen to the missing gap and we had exclaimed during the budget presentation that we are shifting from all the big dreams to primordial things of survival and ensuring that there is food on the table for the mass of the population”.

He said his plan during the 2020 budget was to move from food on the table to hands-on the plough but the impact of COVID-19 pandemic and #EndSars protests meant the food on the table scheme had to continue.

ALSO READ: INSECURITY: Sacking service chiefs may not end insurgency — Aduwo

“The 2021 budget is streamlined to meet the intended focus hence it made provision for only 5% on capital projects as the 275 km superhighway the Bakassi Deep Sea Port, the Calas Vegas Island and the State Privatization Council in partnership with KPMG as consultants will work towards selecting the best investors who are available, willing and capable to invest in these projects”.

The governor is optimistic that the legion of companies he has set up will become functional to boost the state’s economy.

Speaking earlier, Speaker of the States House of Assembly, Eteng Williams said the assembly made some adjustments to the budget to accommodate new realities captured in the estimate such as Establishment of a state polytechnic.

Vanguard News Nigeria

The post Ayade signs 2021 budget of ‘Bliss and Blush’ into law appeared first on Vanguard News.


by Temisan Amoye via Vanguard News https://ift.tt/38M05Rd Wikipedia Our Friends From Virginia
Labels:

Comments

Post a Comment

Popular posts from this blog

Court sentences man to death by hanging for killing mother over ‘disappearing’ charm

A High Court sitting in Jos, on Thursday sentenced a 20-year-old man, Agugu Adau, to death by hanging for killing his mother. Continue reading Court sentences man to death by hanging for killing mother over ‘disappearing’ charm at Vanguard News Nigeria. by adekunle via Vanguard News Nigeria https://ift.tt/2SvOYSw Wikipedia Our Friends From Virginia
Post a Comment
Read more

Algerian protesters march on in defiance of ‘The Power’

Riad Mostefai has marched through the capital of Algeria every Friday since February to demand a purge of the ruling hierarchy, an end to corruption and the army’s withdrawal from politics. Though some of his demands have been met, Mostefai plans to keep on marching each week along with tens of thousands of others who don’t believe an election in December will change anything, as long as an opaque ruling elite remains in charge. Continue reading Algerian protesters march on in defiance of ‘The Power’ at Vanguard News. by Temisan Amoye via Vanguard News https://ift.tt/36ick64 Wikipedia Our Friends From Virginia
Post a Comment
Read more

Chad abolishes death penalty for terrorist acts

Boko Haram terrorists Chad on Tuesday abolished the death penalty for terrorist acts, quashing an exception that was on the books for four years, Justice Minister Djimet Arabi told AFP. The Sahel country passed legislation in 2016 to abolish capital punishment, but made an exception for perpetrators of terrorism. Arabi, who proposed the amendment, said the vote was unanimous and the law would come into force once it is approved by President Idriss Deby Itno, whose party enjoys a huge majority in parliament. The change is “aimed at harmonising our laws in line with all the countries of the G5 Sahel Group,” the minister said. Chad’s military is a key part of the 5,000-strong G5 force alongside Burkina Faso, Niger, Mali and Mauritania that cooperates with French troops to combat a growing Islamist insurgency. ALSO READ:  Mystery over 44 dead Boko Haram members in Chad prison The last execution carried out in Chad was in August 2015 when 10 suspected members of the Islamist g...
Post a Comment
Read more