ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Saturday, March 6, 2021
Premium Times Nigeria
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
gov_akpabio

Godswill Akpabio

Akwa Ibom to spend N462bn in 2015

byIbanga Isine
January 1, 2015
3 min read

The Akwa Ibom State Government will spend N462 billion in 2015 based on the budget proposal presented to the state assembly by the governor, Godswill Akpabio.

The figure is slightly less than the N498.54 billion approved under the 2014 Appropriation law in which N74.24 billion was earmarked for recurrent votes, N333 billion for capital expenditure and N91.30 billion for Consolidated Revenue Fund charges.

However, a breakdown of the 2015 estimates tagged “Budget of Actualization and Continuity,” shows that a total of N253 billion is earmarked for capital projects, N94.74 billion for recurrent expenditure and N114.26 billion for Consolidated Revenue Fund Charges.

While presenting the document to the state lawmakers in Uyo, Mr. Akpabio said the 2015 budget seeks to build on the achievements so far recorded by his administration.

“We intend to complete on-going projects and build a strong bridge between my administration and the incoming administration such that the uncommon transformation, which we have so energetically pursued, will be sustained, so that our past labours will not be in vain,” the governor said.

“The budget will touch all sections of infrastructure and security in the state. It will develop strategic plans for the development of the state, create more jobs for the teeming youth, the use of direct labour and improved human capacity, promote women empowerment and improve the education standard of every Akwa Ibom child, among others.”

The governor commended the state assembly for supporting his administration, saying when the story of “Uncommon Transformation” is documented, it will be recorded that it was in the assembly that development ideas were incubated and produced.

“It was here (assembly) we gave our ideas wings to fly. It was here that the bird of uncommon transformation soared to heights of acclaim. As you know, it takes two wings to fly and the two wings in this case were the executive wing and the legislative wing. Akwa Ibom State appreciates your patriotism and effective representation,” Mr. Akpabio boasted.

“Let me pay special tribute to the Speaker, Sam Ikon, and the leadership of this great house for providing vision, purpose, direction and motivation for developmental legislation in this chamber. We appreciate all members of this great assembly for lending their hands and souls to the struggle to transform our state.”

RelatedNews

10 influential party chieftains who can help rally PDP into a viable opposition

Why we gave Jonathan nearly 1 million votes — Akpabio

UPDATED: Supreme Court upholds Akpabio’s election

Ibibio youth restate support for Jonathan, warn Akpabio

Mr. Akpabio further said during the last seven and a half years of his administration, the lawmakers have helped to strengthen the social fabric of the state, ensured a healthier citizenry and build a secure and a prosperous society.

According to him, his administration has delivered state-of-the-art infrastructures for all Akwa Ibom people and foreign investors who need superb investment destination.

Mr. Akpabio went on effusively, ”I have taken every action to give the good people of our state the tools and conditions to build a new Akwa Ibom State founded on love, brotherhood and unity. I have stayed on the course of values, which define the Akwa Ibom promise, and we have sought to turn this state into a veritable specimen of peace and development.

Dangote adbanner 728x90_2 (1)

“Today we stand on Zion Hill. God has taken us across turbulent seas and raging rivers. He has taken us through the wilderness of decayed infrastructure and into the land of our ancestors’ promises. But when the children of Israel entered the Promised Land, their travails did not stop.

“They had to fight the giants in the land, and up till now they are still fighting for their land. We must keep fighting the demons of ethnicity and tribalism, to prove that we are worthy of the uncommon transformation God has bequeathed to us.”

The governor encouraged the people of the state to wage war in order to sustain the tempo of development, defeat the ills of jealousy and hatred and fight to maintain the new status of Akwa Ibom State in Nigeria.

He continued, “Each generation will have something to fight against, but for us we have three fights to embark upon today. One, we must bury our differences and fight to sustain the tempo of development encapsulated in the uncommon transformation of our state.

“Two, we must ensure that the ills of jealousy, hatred and envy which constituted a clog in the wheels of our development are never allowed to rear their heads again in our land. Three, we must acknowledge that the Akwa Ibom person has acquired a new status and greater esteem in our country and we must fight to maintain this new status in our country.”

He said his administration would have done more but could not due to circumstances beyond the control of his administration.

ADVERTISEMENT

He disclosed that in 2014, the government intended to spent a total of N498.5 billion but noted that only N221.4 billion was realised, with a crude oil benchmark of $73 per barrel.

Mr. Akpabio also announced that the Federal Government in 2014 failed to meet its crude oil production target of 2.5million barrels per day as a result of pipeline vandalism, saying it resulted in the state realizing only 44 percent of its total budget estimate for the year.

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401...



JOIN THE CONVERSATION

  • Disqus (0)
premiumtimes



PT Mag Campaign AD

Previous Post

2014 was a horrible year for all of us — Chibok parents

Next Post

2015 general elections looking ‘more like a mirage,’ Afenifere group warns

Ibanga Isine

Ibanga Isine

More News

The Edo State governor, Godwin Obaseki [PHOTO CREDIT: @GovernorObaseki]

COVID-19: I’ll take vaccine first to boost confidence – Obaseki

March 5, 2021
L-R Rotimi Amaechi/Magus Abe

Supreme Court affirms sacking of Aguma as APC chairman in Rivers

March 5, 2021
Deputy-Governor-of-Edo-State-Rt.-Hon.-Philip-Shaibu.

Edo deputy governor kicks against minimum wage bill

March 5, 2021
Former Governor Seriake Dickson of Bayelsa

Why I am staying off govt. events in Bayelsa – – Seriake Dickson

March 5, 2021
Former Governor Seriake Dickson of Bayelsa

Former governor warns PDP members against criticising successor

March 4, 2021
Nigerian Police on patrol

16-year-old girl raped by three men in Akwa Ibom

March 4, 2021
Next Post
2015 general elections looking ‘more like a mirage,’ Afenifere group warns

2015 general elections looking 'more like a mirage,' Afenifere group warns

Jonathan’s Performance In Transport Unprecedented – PDP

Jonathan is best presidential candidate for Nigeria now -- PDP National Secretary

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


Access Bank Ad


NITDA Ad





Glo Ad

Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,629,343 other subscribers.

Advertisement






netherland biz school Advert



Zenith Advert

ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • Opinion
  • PT Hausa
  • The Membership Club
  • Dubawa
    • Dubawa NG
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
  • Digital Store
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.