The Edo State House of Assembly in Benin on Wednesday passed the year 2014 budget estimates of N160.06 billion.
Governor Adams Oshiomhole had earlier in December 2013 presented a budget proposal of N159.213 billion to the House for consideration.
The budget estimate of N160.06 billion passed by the Assembly is about N848 million higher than the original estimates of N159.213 billion presented to it by the governor.
The House adjusted the original capital expenditures of N85.595 billion to N84.474 billion, while the original recurrent expenditure of N73.617billion was also adjusted to N75.587 billion.
Hon. Peter Aliu, the Chairman, House Committee on Appropriation and Project Monitoring, said the adjustments were made after due consultation with heads of ministries and parastatals.
Aliu said the increase in the budget size was to enable the government to complete all ongoing projects in the state.
The Speaker of the House, Hon. Uyi Igbe, directed that clean copies of the bill be sent to the governor, for his assent.
Advertisement
