Fayemi presents N100.7bn 2022 budget to Ekiti Assembly
...Reiterates commitment to completion of ongoing projects …incorporates judicial, legislative budgets. Ekiti State Governor, Dr Kayode Fayemi, on Thursday, presented the 2022 budget estimate of N100.703 billion, christened "Budget of Legacy and Consolidation” to the State House of Assembly. The budget which according to the Governor was a product of wider consultation is made up of N60.686bn recurrent expenditure and N40.067 capital expenditure making a ratio reflection of 60:40 of recurrent to capital expenditures. Dr Fayemi disclosed that the major objective of the budget is to ensure that all ongoing legacy projects including the State Cargo airport and the new Ado-Iyin road and other new road projects were completed to consolidate his administration's plan to transform the state. He added that the budget was designed to reduce unemployment, attract more investors, ensure smooth transition to the in-coming administration, increase the state's internal generat...