Gov. Kayode Fayemi of Ekiti state today introduced a financial plan of N129.9 billion for 2019 to the state House of Assembly for review.
The News Agency of Nigeria, (NAN) revealed that the financial plan, dedicated, “Budget of Restoration”, comprises of N57.8 billion capital use & N72.7 billion repetitive consumption.
The capital consumption takes 44%, while the repetitive use is around 56% of the financial plan.
Mr Fayemi said the financial plan was custom-made after the 4-pillar of his organization, which are Social Investment, Knowledge Economy, Infrastructure & Industrial Development and Agriculture & Rural Development.
He filed the action push & goals of the financial plan to incorporate production of a viable system to patch up the state’s economy & also enhanced Internally Generated Revenue (IGR), between the rest.
As per him, the financial plan has been organized in a way that it will free the state from hardship & unimprovement.
“I am not on a revenge mission, but rather, I am back as a healing balm on a painful wound. We as a responsible government are not interested in trials by media, political witch hunt or playing to the gallery merely to achieve cheap popularity.”
“That is why this administration is not set out to abandon any of the ongoing projects embarked upon by my predecessor, especially considering the fact that such projects are being financed by the state taxpayers.”
“A bottomline approach was adopted in preparing the budget to really meet the yearnings of the people and return the state to its rightful place among the comity of states.”
“This was why I made sure government consulted widely and gathered the inputs of all stakeholders in achieving a budget that will reflect collective aspirations, needs and demands for sustainable growth of all the 16 Local Government Areas,” he stated.
Reacting, the speaker, Adeniran Alagbada, applaud the governor for the early introduction of the financial plan & guaranteed to give it quickened thought with the goal that individuals of the state can start to savor profits of government with the new All progressive Congress drove organization.