Okorocha presents N190bn budget to State Assembly for 2018

The governor of the state of Imo, Rochas Okorocha, presented to the state assembly a budget proposal of N190 billion for the fiscal year 2018. Okorocha presented the bill of appropriation in the sacred chambers of the Chamber of the Assembly of the State of Imo Wednesday in Owerri, the state capital.
According to him in the proposal, titled ‘Budget of Consolidation and Continuity III’, capital expenditure stands at N132billion representing 69.7% while recurrent expenditure stands at N57billion representing 30.3% of the total budget.

The budget, according to the governor during his presentation, is higher than that of 2017 with about N59billion. According to him, the 2018 budget will provide a realistic platform for the attainment of his administration’s development goals.

He added saying the budget will provide hope and practical support to the youths who are of great importance to the state’s prosperous future ending his presentation with an appeal to the State House of Assembly to see to the fast passage of the budget. #Africa ... spill TEA.... Easy on Shade #jaiyeorie