The Ekiti state governor, Dr Kayode Fayemi, has presented N109 billion 2021 appropriation bill to the state House of Assembly.
Governor Fayemi, while presenting the budget at the State House of Assembly complex yesterday in Ado-Ekiti described the 2021 budget as “Budget of Recovery and Economic Restoration”.
The budget has a recurrent expenditure N57, 997,898,982.62k while the capital expenditure has N51, 668,386,739.99k.
Fayemi, said the budget proposal presented contains the policy thrust, programmes and vision of his administration for 2021, saying efforts shall be made to source the needed resources to fund the budget.
The 2021 Budget is 18 Billion Naira Less than the 2020 Budget.
The major highlight of the Budget Proposal is the inclusion of the New Minimum Wage for Workers in the State.
