~ Says, loan for key infrastructure
By Jacob Esindu
Anambra State Governor, Prof Chukwuma Soludo, has written the Anambra State House of Assembly to approve a loan of 100 billion naira for him.
The loan facility , according to the letter, will be for construction and refurbishment of key infrastructure in the State.
The Governor’s letter, dated July 5, 2022, was read at the plenary yesterday by the Speaker, Hon Uche Okafor.
The Speaker said, Mr Governor, was seeking approval to secure a N100 billion Global Limit Multiple Term Loan Facility for the construction and refurbishment of key infrastructure in the state.
The letter was referred to the House Committee on Public Accounts for consideration .
They would report to the House on Thursday, July 21, ( next week Thursday)
Meanwhile, the lawmakers, on Friday, passed the State 2022 Revised Appropriation Bill of N169.6 billion.
The approval came more than 55 days after Governor Soludo presented the bill to the House for approval.
The passage followed the adoption of the report of the House Committee on Finance and Appropriation, led by Hon Obinna Emeneka, during plenary .
While presenting the report, Emeneka, (Anambra East Constituency), said that the revised budget was made up of N108 billion capital expenditure and N61.3 billion recurrent expenditure.
He said, “After thorough scrutiny and review, we recommend that the size of the 2022 revised budget be retained except for little adjustments in some ministries, department and agencies’ allocation.
“That the sum of N169,621,744,131 be approved for the service of the Anambra state government for the year ending, Dec. 31, 2022, and for related purposes.
“The committee also recommends that subsequently, projects and contractors be specified and funds should be released to MDAs to ensure effective budget performance.” the Chairman said
The Speaker of the House, Mr Uche Okafor commended the committee for thorough scrutiny of the budget, while he conducted a voice vote for the adoption of the report.
After the passage of the bill, the Speaker directed the Acting Clerk of the House, Mrs Esther Anaetoh, to send a copy of the bill to Soludo for his assent.
