The Executive Chairman of Yakurr Local Government Area Hon Ofem Ebri Obeten has presented the 2021 appropriation budget of three billion seven hundred and seventy six million, three hundred and thirty six thousand four kobo to the Council legislature on Tuesday, 23rd March, 2021.
The 2021 budget tagged ” Budget of “Transformation” is designed to bridge the gap created in the third tire of governance due to the absence of democratic institution in the Local Government System for the past five years.
The 2021 budget expected to funded from multiple sources has total recurrent expenditure of two billion,four hundred twenty seven million, Three hundred and twenty seven thousand, Five hundred nine naira.representing 58.00% of the total cost while overhead cost, Consolidated revenue cost charges and margin for increase expenditure will take 4.94%,16.47% and 20.59% respectively.
Laying the 2021 budget estimate the chairman maintained that the budget which focus on the human capital development will consolidate the council’s socio- infrastructural amenities.
Hon Obeten while commending the legislative arm for their support and cooperation solicited for speedy passage of the bill.
The Leader of the 6th Hallowed Legislative Charmbers of Yakurr ,Hon Alex Usang Mbang commended the Executive Chairman for building the budget around the well-being and development of Yakurr and promised that , they will give speedy passage of the budget estimate.
Published by Ettah Emmanuel O.