Edo Assembly Approves Budget

The Edo State House of Assembly has formally passed the 2011  Appropriation bill  into law.

The bill was  presented to the House  by the state  Governor Adams Oshiomhole for  deliberation and approval.

The 2011 Appropriation  bill estimate which  was originally pegged atN105.63 billion  was increased to N112,727  billion.

The Speaker, Rt. Hon. Bright Omokhhodion, said during the plenary session that  out  of  a budget of  N112,727.407,765 billion approved, N68,810,662 billion has  been  earmarked for capital expenditure while the recurrent expenditure will gulp  N43,904,326,103 for the fiscal year.

—Yomi Obaditan/     Benin City

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