The Ekiti State Government on Friday directed the Ministries, Departments, and Agencies (MDAs) to submit breakdowns of their capital and recurrent envelopes for the 2026 budget to the Ministry of Budget and Economic Planning, ahead of their appearance before the Pre-Treasury Board later in the month.
The government gave the directive during the highlight of budget negotiation and envelope-sharing meeting in Ado-Ekiti, the state capital.
|
|
In his address, the Permanent Secretary, Ministry of Budget and Economic Planning, Sola Akinluyi, expressed appreciation to Governor Biodun Oyebanji for his unwavering support and dedication to prudent resource management.
Mr Akinluyi remarked that the governor’s firm stance on fiscal discipline has deepened transparency in the management of the state’s resources.
|
|
|
|---|
He commended members of the State Executive Council, Fiscal Coordinating Agencies, political office holders, and Accounting officers for their cooperation and support in the budget preparation process.
The permanent secretary said that priority would be given to the completion of critical ongoing projects, adding that new ones may also be considered if they align with the six pillars of administration and the Ekiti State Development Plan (2021–2050).
Also speaking, the Chief of Staff to the Governor, Niyi Adebayo, described the meeting as a crucial stage in the annual budget cycle, which allows the MDAs to deliberate and share available resources in line with their work plans.
Stay Ahead with Premium Times
Follow us on Google News and never miss breaking stories, investigations, and in-depth reporting.
Add as a preferred source on Google
READ ALSO: Nigerian lawmakers ask govt to withdraw contract circulars for 2025 budget
He said the allocations would form the capital expenditure estimates for the 2026 fiscal year.
Mr Adebayo advocated for equity and fairness, noting that resources would be shared based on programmes and projects.
“Where there are complaints, MDAs should demonstrate maturity and channel them appropriately with verifiable reasons,” he said.
Discover more from Premium Times Nigeria
Subscribe to get the latest posts sent to your email.
More News
