New ministry to tackle poverty

Ekiti State government plans to spend N93.6billion in 2013 if the wishes of the governor agree with the expectations of the state assembly.

The Governor of the state Kayode Fayemi today presented an appropriation bill for
2013 fiscal year before the state legislature and announced that his government would create a new Ministry to coordinate programmes targeted at eradicating poverty in the state.

 Fayemi said the budget christened “Budget of Empowerment and Consolidation” has N47.1 billion for capital projects which amounts to 50.4 per cent, while 46. 4 billion or 49.6 per cent of the estimates was budgeted for recurrent expenditure.

From projection, the Governor revealed that  a sum of N31. 4 billion is expected from the Federation Account, while N7.3 billion will be generated from the Value Added Tax (VAT) to finance the Budget, adding that that a sum of N4.6 billion is expected as external grant from International Agency, while N14.3 billion is to be generated internally.

In financing the Budget estimate, a sum of N8.5 billion is expected from the Excess crude, while the sum of N7.1 billion is to be sourced from the Capital Market. He revealed that his administration would place high premium on health care delivery in 2013, saying this would commence through a well packaged free health care mission and renovation of General Hospitals and Primary Health Centres  across the State.

According to him, the government will focus attention on renovation and construction of township roads in Ijero, Ikere and Ikole Ekiti in2013, while some  rural-urban roads in some selected towns will be given adequate attention.

Apart from the promise to sustain the Social Security Scheme to the elderly, the Governor assured that he will make the empowerment of  rural women a priority in the coming year.

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