The Delta State House of Assembly (DSHA) has approved a N725 billion budget for the state's fiscal year 2024. This clearance, which exceeds the initial N714 billion recommended by State Governor Hon. Sheriff Oborevwori, followed the passing of the 2024 appropriation bill on the House floor during its third reading.
During Thursday's plenary session, which was chaired by Speaker Hon. Emomotimi Guwor, the bill was passed following the presentation of a report by the Chairman of the House Committee on Finance and Appropriations, Hon. Marylyn Okowa-Daramola.
The lawmakers' approved budget showed a notable increase in the proposed capital expenditure, which went from N397.8 billion to N408.3 billion, a 2.7% increase over the original budget.
In terms of recurrent expenditure, the House approved a budget of N316.6 billion, which is a slight increase from the N316.5 billion initial proposal and represents a 0.21% rise.
“The 2024 budget aligns with the present time and reflects His Excellency’s M.O.R.E agenda. It is indeed a budget of ‘Hope and Optimism.’ Therefore, the finance and appropriation committee submits the amended appropriation bill for consideration by this honourable house,” Okowa-Daramola stated.
The updated numbers are intended to support critical state sectors, including infrastructure, urban redevelopment, and the health sector in particular.
The House next moved into the Speaker's committee on supplies, where members carefully went over the finance and appropriations report, making the necessary corrections.
Governor Hon. Sheriff Oborevwori presented a N714 billion budget plan for legislative review and approval Only two weeks ago.
Following the bill's passing, Speaker Guwor stated that this legislative measure is consistent with global practices, and that its implementation will considerably improve Deltans' well-being.
He praised lawmakers for their hard work and parliamentary prowess in enacting the bill, as well as Governor Hon. Sheriff Oborevwori for presenting the bill to the House.
