Akpabio presents 2015 appropriation bill to lawmakers

The Akwa Ibom State Government during the week presented the sum of N462bn as this year’s budget to the state House of Assembly.

The estimate fell short of the 2014 budget by N36bn.

Presenting the budget before the lawmakers in Uyo, the state governor, Mr. Godswill Akpabio, said the 2015 appropriation bill would be used to complete ongoing projects and the pressing ones.

He said N253bn would be spent on capital expenditure, while N209bn was budgeted for recurrent.

The appropriation bill provides the sum of N18.3bn for education.

Speaker of the State House of Assembly, Mr. Sam Ikon, praised the governor for implementing previous budgets according to specification.