Governor Okezie Ikpeazu of Abia who was sacked by a Court of Appeal in Owerri today has presented a N96.7billion budget for 2016 to the state House of Assembly for approval.
In his place, the court ordered the Independent National Electoral Commission to swear in Dr Alex Otti, candidate of the All Progressives Grand Alliance (APGA).
Not perturbed by the court ruling, Ikpeazu who addressed the House in Umuahia on Thursday during the budget presentation, said that the budget was 22.8 per cent less than the 2015 budget of N102.4 billion.
The governor said that the 2016 budget was anchored on the International Public Sector Accounting Standards (IPSAS).
“Our capital expenditure is proposed to be N37.8 billion while the recurrent expenditure will be N58.9bn,” the governor said.
Ikpeazu said that “in meeting the demands of the budget, we do not desire to compound the problems of the good people of Abia”.
He said that state government would apply prudent utilisation of available resources to achieve economic development, environmental sustainability, social inclusion and quality governance.
The governor said that the state government would not rely solely on federal allocation but had determined to increase its Internally Generated Revenue (IGR).
Ikpeazu said that the government was poised to increase its IGR by exploring the benefits of public-private partnership, creation of conducive environment for increased commercial activities and foreign investment.
Receiving the budget, the Speaker, Chief Martins Azubuike, told the governor that the house would give accelerated consideration to the bill.

Report by http://www.pmnewsnigeria.com/2015/12/31/sacked-gov-ikpeazu-presents-n96-7bn-2016-budget/



Cc; lalasticla.la , another Brave Game is On

The man sharp oooo

Vivian only post only cumment
U must be a stingy gal

vivianblog:

selfish vivianvlog u created a thread and still fighting for FTC
oga fun e o

Well, To be frank, im not here to comment or say anthing...but all i can say is HAPPY NEW YEAR in advance to y'all, may God continue to bless each and everyone of you in JESUS NAME!





LONG LIVE THE FEDERAL REPUBLIC OF NIGERIA.
LONG LIVE. NAIRALAND.
LONG LIVE ME.

now ds is funny! y re Nigerians mad?

Can't Lawmakers pass a bill that any one who win election must be cleared of all cases to supreme court relating to that election before been sworn in. How can someone who robbed the votes of the masses be allowed to govern ? Before he leaves he will empty the states treasury even put the state in debt.

A

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Selfishness is when the OP is the FTC


Vivianblog, is your toto clean ?

I hope he will disobey court order since that's what Buhari wants these days

END TIME REYURN

Abi dis one smoke igbo ni

Happy New year folks!

Smh

very soon now, he will start to rule in his dream

I congratulate Ndi Abia for the good news. Alex Otti has always been their man. I made mention of it sometime ago. Just like Alex just like Peter Obi, the case will end at the Supreme Court but justice will prevail.
Ikpeazu can present all the budgets in the world, he can do all the roads (that's the easiest thing clueless governor run and do whenever they still have cases at the tribunal) but just like Ngige, he'll definitely be shown the exit door by the Supreme Court.
God bless Alex Otti., God bless Abia State - God's own State.
From your brother from Anambra.

ha

That woman said it! That Oti wil rule Abia skirt! Look at small budget when others are budgeting 200bn

End time budget

Noted..."end of xyz" budget

ok

Nja Politics with so many abrakabra

These crazed polithiefcians be calling money like its their name at the end all go enter their belle and those of their guys...they will be rewarded sha

funny ruling in Nigeria this day.
Court order INEC to swear in Otti as governor. hmmmm. It is INEC duty now to swear in elected officers.

Was that before or after his impeachment? Just curious.

A