The Appropriation Bill for 2022 fiscal year was on Thursday presented by the Chairman of Okobo Local Government, Hon. Dr. Sylvester Attah before the Local Government Legislative Council at plenary.
Reading the estimates for the new financial year, Dr. Attah announced that N2.232billion is proposed by the Executive Council as recurrent revenue which is expected to fund the aggregate expenditure of N1.575billion.
The Chairman however explained that this year’s budget “is designed to build on the achievements of the previous budget and to deliver on set goals and aspirations which are in line with the State Government cardinal objectives.”
This, he said informed the guided the formulation of the budget to reflect his administration’s interest in job and wealth creation; socio-economic and political inclusiveness; poverty alleviation; value re-orientation and infrastructural development.
Speaking on the performance of the Council’s budget for the previous year, the local government helmsman narrated that a shortfall of 77.4% or 11.614million (out of the expected N15million) in the 2021 estimated revenue, following the disruption of revenue generating efforts by a 4-month communal crisis, the unfavourable disposition of some communities, as well as illegal collection of market tolls by unauthorised persons.
To successfully operate the 2022 budget, Hon. Sylvester Attah stressed the Council’s commitment to ensuring a “peaceful locality for economic development, empowerment of the rural poor, infrastructural interventions and promotion of security.”
Expressing dissatisfaction with the level of prevailing poverty in the rural Okobo communities, Hon. Attah said “the government shall do everything within our powers to channel every available resources to reposition our Council to enhance the general well-being of our people.”
According to him, in 2022, his administration will effectively exploit all viable revenue sources to improve on the generation and collection of internally generated revenue to fund its lofty programmes and projects.
Presided over by the Leader, Okobo Legislative Council, Hon. Anthony Uya, the plenary had councillors drawn from the various political wards in attendance, and was witnessed by other local government functionaries, council workers and a host of politicians, youth and community leaders.