Bayelsa Assembly passes 2020 budget 2 days after presentation | Dailytrust

Bayelsa Assembly passes 2020 budget 2 days after presentation

Bayelsa governor, Douye Diri.
Bayelsa governor, Douye Diri.

Barely two days after its presentation, Bayelsa State House of Assembly has passed the N242.187 billion 2020 Appropriation Bill into law.

During the plenary of the assembly on Thursday, the lawmakers accepted the bill to scale through second and third readings in a single sitting, citing the COVID-19 crisis as the reason for the speedy passage of the appropriation bill.

Governor Douye Diri on Tuesday presented N242.3 billion as the proposed estimate for the 2020 fiscal year in the state.

The passage of the bill on Thursday followed the adoption of the report of the House Committee on Finance and Appropriation at the floor of the house during plenary.

Majority Leader of the house, Mr Monday Obolo (PDP, Southern Ijaw ll) while moving for the consideration and passage of the Appropriation bill, noted that the bill has to be given speedy passage because of COVID-19, which he said is ravaging the whole world.

He added that the budget would serve the purpose it was meant for, especially in meeting the aspiration of the Bayelsa people.

Seconding the motion, Mr Munalayefa Gibson (PDP, Ogbia ll) said the people of the state needed accelerated development, hence the speedy consideration of the bill.

The Speaker of the house, Abraham Ingobere, commended the lawmakers for the speedy passage of the bill, explaining that the house properly scrutinised the recurrent and capital expenditure of the budget.

He noted that the timely presentation and passage of the bill would enable the government to commence timely implementation of the budget.

The breakdown of the budget had N51.646 billion earmarked for personnel cost, N52.327 billion for overhead, N91.478 billion for consolidated revenue fund charges while N46.736 billion for capital expenditure.

Dear Reader,
Every day, we work hard to provide readers such as you with the most accurate, up-to-date, and comprehensive information. Quality journalism costs money. Today, we're asking that you support us to do more. Your support means that Daily Trust can keep offering journalism to everyone in the world. Sign up for as little as N1,000 to become a member. Learn more about our membership here

Bank transfers can be made to:
Zenith Bank
1017257739
Media Trust Ltd


Please send details of your bank transfer to the email or Whatsapp number below so that we can contact you.

If you have any questions, please let us know.

Inquiries:
Email: membership@dailytrust.com
Whatsapp: +234 806 990 3410