• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Tuesday, June 23, 2026
No Result
View All Result
NewsNet Nigeria
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos
NewsNet Nigeria
No Result
View All Result
Home Economy

Delta govt earmarks N469.4 billion for 2022 fiscal year

by NewsNet Nigeria
5 years ago
in Economy
Delta govt earmarks N469.4 billion for 2022 fiscal year

FROM LEFT: Barry Pere-Gbe and Charles Aniagwu

Share on FacebookShare on TwitterShare on LinkedinShare on Whatsapp

The Delta State Executive Council on Thursday approved a budget size of N469.4 billion for the 2022 fiscal year.

Governor Ifeanyi Okowa presided over the Exco meeting which was held at Government House, Asaba, the Delta State capital.

The state Commissioner for Economic Planning, Dr Barry Pere-Gbe, who disclosed this during a post Exco press briefing said the approval was in line with the state fiscal responsibility law.

Pere-Gbe said after a thorough review of the N425 billion indicative budget size earlier proposed by his ministry, Exco had a fairer view of what the 2022 budget size should look like.

He pointed out that the approved budget was more than what his ministry had earlier proposed in Medium Term Expenditure Framework and the Fiscal Strategy Paper (MTEF and FSP), adding that it was the MTEF and FSP that determines the budget size.

“After a review of the indicative budget size, we were able to have a fairer view of what the budget size should look like. It was to a large extend, more than what we proposed in the MTEF and FSP,” he said.

While saying that the N469.4 billion budget estimate of the state was cut out from the MTEF, the Economic Planning Commissioner said resolved to grow the Internally Generated Revenue (IGR) of the state grow the IGR from N75 billion to N80 billion

“We have to grow the IGR from N75 billion to N80 billion. We increase our assumptions around the capital receipts and borrowing to sufficiently fund our expenditure side.

“We will fund facilities in the new universities, facility procurement in the Ministry of Health, as well as do procurement and funding contract around technical education ministry.

“We will be doing a whole lot around education generally (higher and basic) and also roads.

“We intend to complete the bridges that are yet to be completed especially the Ayokoromo bridge that his Excellency is so particular about,” Pere-Gbe said.

He pointed out that the state government will not stop at creating entrepreneurs in the year 2022, saying “we are expanding the net around the girl-child programme and every other empowerment programme.”

Also speaking during the briefing, the Commissioner for Information, Mr Charles Aniagwu said the state EXCO continued consideration of the white paper of the findings of the Judicial Panel of Inquiry which was set up last year to examine allegations of police brutality and extra-judicial killings known as #EndSARS.

“Today, we concluded the consideration of that particular report except for some few items that we have to carry out some investigations with a view to arriving at the right decision, particularly some directives that will require the Attorney General to find out further details so that we don’t take decision in error.

“In all, we have gotten to the end of that consideration except those other few items we jumped because we needed further information before we can ratify or possibly approve the report of the Judicial Panel of Inquiry.

“As a result of our determination to finish strong, we deliberated on the need to take full advantage of the dry season that is about to set in to deepen our infrastructural development of the state.

“We have been able to take step to mop up funds with a view to ensuring that we remobilise a number of contractors to site for them to fast track work,” Aniagwu said.

Previous Post

Lamienghan tasks NDDC to implement master plan

Next Post

DTHA passes bill to regulate activities of CDAs

MORE NEWS

Oborevwori Effects Minor Cabinet Reshuffle, Names Three to DELSU Governing Council
Economy

‘Judge Us by Results’ — Delta Govt Counters Oborevwori Critics with Scorecard

June 22, 2026
500 Delta North Women, Youths Benefit as Ned Nwoko Expands Empowerment Programme
Economy

500 Delta North Women, Youths Benefit as Ned Nwoko Expands Empowerment Programme

June 20, 2026
‘Go and See for Yourselves’ — Oborevwori Challenges RMFAC Team to Verify Delta Projects
Economy

‘Go and See for Yourselves’ — Oborevwori Challenges RMFAC Team to Verify Delta Projects

June 16, 2026
Senate Orders Mele Kyari’s Arrest Over Alleged N210 Trillion NNPCL Discrepancy
Economy

Senate Orders Mele Kyari’s Arrest Over Alleged N210 Trillion NNPCL Discrepancy

June 11, 2026
Next Post
DTHA passes bill to regulate activities of CDAs

DTHA passes bill to regulate activities of CDAs

Leave Comment

RECENT STORIES

MWAN, Ophthalmologists Celebrate Gloria Patrick-Ferife’s Return to Health Sector

MWAN, Ophthalmologists Celebrate Gloria Patrick-Ferife’s Return to Health Sector

June 22, 2026
Ughelli Vigilante Council Dissolved, Jaro Egbo Names Interim Leadership

Ughelli Vigilante Council Dissolved, Jaro Egbo Names Interim Leadership

June 22, 2026
Oborevwori Effects Minor Cabinet Reshuffle, Names Three to DELSU Governing Council

‘Judge Us by Results’ — Delta Govt Counters Oborevwori Critics with Scorecard

June 22, 2026
2027 Polls: NUJ DBS Warri Chapel Holds Election Reporting Training Tuesday

2027 Polls: NUJ DBS Warri Chapel Holds Election Reporting Training Tuesday

June 22, 2026
‘Don’t Destroy What Is Working’ — HOSCON Petitions Tinubu Over Alleged Sabotage of Tantita

‘Don’t Destroy What Is Working’ — HOSCON Petitions Tinubu Over Alleged Sabotage of Tantita

June 22, 2026

TRENDING STORIES

  • Ughelli Vigilante Council Dissolved, Jaro Egbo Names Interim Leadership

    Ughelli Vigilante Council Dissolved, Jaro Egbo Names Interim Leadership

    0 shares
    Share 0 Tweet 0
  • Several Feared Dead After Runaway Tipper Truck Rams Into Road Users in Agbor

    0 shares
    Share 0 Tweet 0
  • ‘If You See Something, Say Something’ — Oborevwori Rallies Deltans Against Terror, Kidnapping at Security Summit

    0 shares
    Share 0 Tweet 0
  • Dafinone Applauds Elohor Aiboni’s Elevation to Shell Executive Vice President, Country Chair

    0 shares
    Share 0 Tweet 0
  • Defection Fallout Deepens as Delta APC Forum Demands Overhaul of Party Structures

    0 shares
    Share 0 Tweet 0
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.

No Result
View All Result
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.