Chairman of ONNA local government area of Akwa Ibom State, Hon. Iniabasi Ekanem, on Tuesday, presented a budget estimate of N2,390,500,000 for the 2021 fiscal year to the council’s legislative arm for consideration and approval.
Presenting the budget christened, “Budget of Transformation and Completion” at plenary of the House presided over by the leader of the arm, Hon Collins Emmanuel, the chairman said the 2021 budget represented an increase of N19,500,000 (8.22%) over the appropriation for 2020.
Ekanem said the budget estimate was made up of N1,770,000,000 recurrent expenditure and capital expenditure of N620,500,000, and would be funded from statutory allocation, Internal Generated Revenue (IGR), Value Added Tax (VAT) and other capital receipts.
The four sectors the budget was allocated are: Economy, Social Development, and Regional and Environmental Development, while General Administration had the highest budgetary allocation.
Ekanem said the 2021 budget was informed by the need to consolidate and complete abandoned projects.
“By the special grace of God, no single project started by this Administration will be uncompleted. All the on-going projects in the key sectors of the Onna Local Government economy would be completed.
“Our commitment to the implementation of these people-oriented and transformative Policies will be translated into significant improvement in the lives of our People”, he said.
The council boss highlighted the achievements of his administration in in the past six months to include: revamping of toilets systems, water supply lines; re-connection of council headquarters to National Grid and improvement of general sanitary condition.
In addition, renovation of a block of 4 offices and replacement of roofing sheets at Onna Stadium, revamping of mini water schemes in Okat, Ikot Nkan, Ikot Eko Ibon, Ikot Edor and Awa towns, and massive rural roads grading.
Others are revamping of ambulance bus to support healthcare, procurement of police van to assist surveillance in view of current security situation and three cars to support staff movement, reclaiming of Edereobo market to boost the council’s IGR, among others.
He however highlighted the outbreak and effects of COVID’19, fall in crude oil production figure and low price of crude oil, effect of currency exchange rates, general Insecurity in the country, among others, as some of the challenges the council faced.
Ekanem urged councilors to give the budget proposal accelerated passage to enable the council to start implementation of the budget for the benefit of ONNA people.
“With your approval, 2021 fiscal year budget will be faithfully implemented to achieve our desired goals and maximize the general welfare and well being of the good people of Onna Local Government Area”.
Responding, the Leader of ONNA Legislative Council, Hon. Collins Emmanuel, commended Ekanem for his style of leadership.
Emmanuel assured the chairman that councilors would look into the budget, ask questions where necessary as well as give the budget speedy passage.