The Edo State House of Assembly on Friday passed the 2024 budget estimates of N342.8 billion as against the N325.3 billion presented to the House by Governor Godwin Obaseki for consideration.
The approved budget by the House comprises recurrent expenditure and capital expenditure estimates of N154.2bn and N188.5bn, respectively.
The passage of the budget was sequel to the consideration of the report of the House Committee on Budget and Project Monitoring on the year 2024 appropriation bill presented by its chairman, Hon.Sunny Ojiezele, during plenary.
Hon.Ojiezele said during the budget consideration that the committee came up with an increase in the budgetary allocation to enable the completion of all ongoing projects in the state.
The House at the committee of supply considered the budget estimates clause by clause and, subsequently, approved an increase from the earlier proposed sum of N325.3bn to N342.8bn.
The speaker, Rt.Hon.Blessing Agbebaku, thereafter directed Audu Omogbai, the clerk of the house to forward clean copies of the bill to the governor for his assent.
Meanwhile, the house unanimously passed a vote of implicit confidence on the speaker for his leadership qualities and for leading the house in the right direction
The motion for the implicit confidence was moved by Hon.Gani Akokhia(APC Etsako west 11) and seconded by Nicolas Asonsere ( PDP Ikpoba Okha)
