ASABA/Nigeria: The 2021 budget of the Delta State Government is to focus on fast tracking the pace of the state economic recovery and boost economic diversification as well as to ensure social inclusion.
The Commissioner for Economic Planning, Dr Barry Gbe, made the disclosure when he briefed the press today in Asaba on the 2021 budget breakdown which was tagged, ‘Budget of Recovery’.
According to him, the overall estimate for 2021 budget was N 378.48 billion, which was made up of a recurrent budget of N 171.23 billion naira and a capital budget of N 207.25 Billion naira.
“The budget was subsequently passed into law on the 17th of November 2020, with an increase of N 5.5 billion naira, from the original amount presented by the state Governor, Senator Ifeanyi Okowa bringing to the total budget size to N 383.95 billion naira” said Gbe.
He added that the makeup of the budget passed by the Delta State House of Assembly was N 173.32 as total recurrent and N 210.62 as total capital budget.
speaking further, the economic planning commissioner disclosed that the approved 2021 budget was lower than the original 2020 budget with N 11.482 billion by 2.90%.
According to him, the budget was carefully formulated and designed to address the challenges and resultant impacts of COVID-19 pandemic, targeted at bringing the businesses and sources of family livelihood back to life.
