Politics
Cross River Assembly passes N437.8bn 2024 supplementary budget
The Cross River State House of Assembly on Friday passed the 2024 supplementary budget of N437.876 billion.
In the budget, the sum of N151.684 billion was appropriated for personnel cost, N283.333 billion for capital expenditure, and N2.857 billion was approved for statutory expenditure.
Governor Bassey Otu presented the Supplementary Appropriation Bill to the Assembly on July 18.
In his remark during the debate on the bill, the Chairman of the House Finance and Appropriation Committee, Mr. Cyril Omini, said the committee thoroughly scrutinised the bill before reporting to the House.
He said the budget would enable the governor to effectively run the business of governance and undertake more development projects in the state.
READ ALSO: Cross River Assembly reinstates impeached speaker
Omini who represents Yakurr 1 Constituency, said that the bill was referred to the committee after it passed the first and second reading.
He said: “As a committee, we adhered to Orders 64 and 66 of the house rules in carrying out our assignment.”
Other lawmakers who spoke during the debate commended the committee for a thorough exercise and described the supplementary budget as a step in the right direction.
In his remarks, the Speaker, of the Assembly, Mr. Elvert Ayambem, said that the governor had remained prudent in the use of public funds.
He pointed out that every sector in the state has received the government’s attention.
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