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By Tony
Edike Posted to the Web:
Tuesday, September 26, 2006
ENUGU—A budget proposal of N32 billion has been packaged by
Enugu State Government for the implementation of its
programmes in year 2007 with the completion of various
infrastructural projects initiated by the out-going
administration of Dr Chimaroke Nnamani as a
priority.
The estimate was presented to a consultative forum on the
2007 budget proposal organized by the state Ministry of
Finance for the organized private sector,
non-governmental organizations and civil society organizations
in Enugu yesterday.
The Finance Commissioner, Mr. Peter Mba, told the forum
that the budget which is made up of N19.6 billion capital
expenditure, N6.7 billion personnel cost and N5.6
billion overhead and subvention to parastatals “will focus on
completion of all on-going infrastructural development
projects in the state.”
He listed the major projects which were in the education
sub-sector to include Enugu State University of Science and
Technology (ESUT) permanent site, ESUT College of
Medicine, equipment for the State College of Education –
Technical, school meal plus programme, equipment for primary
and secondary schools and advancement of the state UBE
programme.
According to the commissioner, other on-going projects to
be completed under the package are the Loma Linda Housing
project, urban water reform programme, rehabilitation of
Ajali Water Scheme, Nenwe Oduma/Okpanku Ndeabor road,
Ozalla/Agbani dualization and 9th Mile bypass, the
International Conference Centre and development of
tourism parks/sites.
He said that “pro-poor programmes” which the government
intends to finance in the transition budget include granting
of micro-credit to artisans, provisions of small and
medium enterprise (SME) centre services and granting of micro
agric loans to farmers, adding that all reform institutions
already established would be strengthened.
The government, however, based the revenue forecast on
revenue from oil projected at US$35 per barrel, improved
Internally Generated Revenue (IGR) due to Back duty
assessment/audit, direct assessment and employment of tax
administrators, as well as external loan and grants from
development partners including the DFID, PATH, SLGP,
UNICEF, UNDP and SWR.
“Sustenance of the achievement of improved public
expenditure management will form a focal part of the year 2007
budget,” Mba said, adding that this would “entail budget
reform process that enhances revenue administration,
introduction of internationally accepted standard chart of
accounts, budget tracking and improved
accountability.”
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