Economy
Imo Assembly passes N30.4bn supplementary budget for 2012
The Imo House of Assembly has passed a supplementary budget of 30.4 billion for 2012 fiscal year. The house passed the budget in Owerri on Tuesday at the executive session and announced during its plenary. The Chairman of the House Committee on Budget and Appropriation, Dr Eudora Igwe, said the budget was appropriated following the crucial need to supplement the 2012 budget.
She said that the supplementary budget would go a long way in assisting the governor to complete some projects that were captured in the 2012 budget. Gov. Rochas Okorocha, had earlier submitted his proposal for the house to approve a supplementary budget for 2012. The Speaker of the house, Benjamin Uwajumogu, said that the budget was passed at the executive session of the house based on majority votes.
-
Oil and Gas2 days agoOil prices fall as diplomacy hopes outweigh escalation fears in Middle East war
-
Economy2 days agoSouth African economy 5% bigger after rebasing, moving further ahead of Nigeria
-
Agriculture2 days agoFG targets EU investment in one-million-hectare cocoa expansion plan
-
Economy2 days agoProtecting workers’ retirement savings against inflation is your job, PenCom tells PFAs
-
News2 days agoSub-Saharan Africa’s growing cities offer path to millions of new jobs
-
News2 days agoECB President Lagarde resigns at a time of mounting challenges for Europe
-
News2 days agoFG approves King Amachree Airport in Rivers, sets 11 conditions
-
News18 hours agoReps C’ttee threatens removal of illegal structures on power transmission routes
You must be logged in to post a comment Login