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Oshiomhole Presents N111.5 Billion 2016 Budget for Edo State

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Adams Oshiomhole

Edo State governor, Adams Oshiomhole, has presented the state’s 2016 budget of N111.5 billion to the state House of Assembly for consideration and approval.

According to Vanguard, the 2016 budget is 12.6 percent lower than the 2015 budget.

Oshiomhole stated that “the reduction is in line with current economic realities, especially developments in the international oil market and the dwindling inflows from the Federation Account.”

Here is a sneak peek at some of the allocations:

  • Capital expenditure will take N58.9 billion representing 52.84 percent of the total budget while the proposed recurrent expenditure is N52.6 billion, representing 47.16 percent of the budget
  • A breakdown of the budget shows that education and health sub-sectors are areas where the most money is allocated, with N14 billion each
  • Roads and infrastructure: N9.24 billion
  • Flood and erosion control: N8 billion

4 Comments

  1. emma

    December 15, 2015 at 9:42 am

    111 billion for state budget and its even lower than 215 budget sef Nigeria I hail o. I know one year from now, we still won’t see what the money has done for the state.

  2. Freddy

    December 15, 2015 at 9:46 am

    Ogbeni did you not hear there is no money!?

  3. otutu kpakas

    March 21, 2016 at 5:40 pm

    Oshiomhole has nothing to offer for Edo State people Again. is a cheat and a diabolic person with ingenuity agenda.

  4. Mikyyanky

    April 25, 2016 at 11:56 am

    What now is corruption? Goodluck was corrupt yet budget in his time is 12.6 percent higher than change budget. Someone says there is no money? What happened to money? Did they sell the whole money in circulation? Why dont he give the whole breakdown of the 111.5billion allocation? Only 45billion allocation is the breakdown he gave. Nigeria will be better I believe

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