Adams Oshiomhole, Edo State governor, Monday, presented a budget of N75.54 billion to the state House of Assembly for approval.Presenting the budget, christened “budget of new beginning”, the governor said it would kick-start the integrated, accelerated, sustainable and people driven development in the state.
Oshiomhole, who stated that the state like the rest of the states in the country was confronted with a drastic decline in revenue arising largely from the persistent fall in allocations from the federation accounts, noted that the situation was even made worse by the meager internally generated revenue of an average of N350 million.He said in spite of the misfortune of the past governments, the challenges of his administration was to provide a more imaginative and purposeful leadership, to re-order his priorities, eliminate wastages and manage available scarce resources prudently, in order to meet the high expectations of the people by looking inwards to tap available sources of revenue and block all leakages.
