2024 Budget appraisal: AKHA Tasks MDAs On Revenue Generation

The Akwa Ibom State House of Assembly, through its Committee on Appropriation and Finance has commenced 2024 budget appraisal of Ministries and Parastatals for the first quarter.

Speaking during the Committee’s first sitting on Monday, 22 April, 2024 at the conference hall of Assembly, the Committee Chairman, Hon Itorobong Etim said the exercise was important to ensure that targets were met as expected.

She noted that the exercise was part of their legislative oversight over ministries and government agencies to review budget performance and the challenges faced by them.

Etim who represents Uruan State Constituency, while soliciting for cooperation from MDAs, said the exercise became necessary to ensure that funds earmarked for projects were judiciously utilised.

Commenting on the progress of work done at the International Terminal during presentation by Ministry of Special Duties, the Deputy Speaker, Rt. Hon Kufreabasi Edidem noted that the level of work done at the MRO and perimeter fencing were not commensurable with the funds released.

"Everywhere we went, apart from the perimeter fencing and the MRO, we saw a remarkable improvement, we saw remarkable work done. We have seen this money released, but what is done there is not commensurable with the money released. They themselves admitted. There is a need to improve and make sure Akwa Ibom people draw good benefit from Akwa Ibom money".

Other members of the committee who spoke during the exercise, tasks ministries and MDAs on the need to improve their revenue based.

Ministries, Department and Agencies that appeared before the Committee include: the Ministry of Special Duties, Ministry of Culture and Tourism, Ministry of Health, Ministry of Information, Akwa Ibom Property and Investigation Company (APICO) and Akwa Ibom State Polytechnic.

Lawmakers who graced the exercise include the Deputy Speaker, Rt. Hon. Kufreabasi Edidem, Rt. Hon. Asuquo Nana, Ikono, Hon. Moses Essien, Ibiono, Prince Aniefiok, Attah Nsit Atai, Hon. Pius Bassey, Okobo, Hon. Mrs. Precious Selong, Urueffong Uruko, and Sampson Idiong, Oruk Anam.

The exercise continues today.

Comments

AKHA Defers Giving Resolution To Extend Transition Committees..mandates Committee to verify performance of councils

By Asuquo Edem Akwa Ibom State House of Assembly today put off giving the governor a resolution to extend the stay of Transition Committees across the State. The State governor who communicated his request for the House Resolution dated 6th May 2024 drawing strength from Section 5 sub 2 of the Local Government Administration Law pleaded with the lawmakers to heed to giving the resolution to extend the tenure of Transition Councils as the Commission responsible for conducting elections require an extended time frame. The motion to receive the letter for deliberation was moved by the member representing Ikono Rt. Hon. Asuquo Nana and was seconded by the member representing Ika State Constituency, Rt. Hon. Mfon Idung. However the Speaker, Rt. Hon. Udeme Otong stated that the Resolution as requested by the governor can't be given today as the House needs to accertain if the Transition Committees are deserving of an extension taking into consideration that they have served for six mon

Reasons Moses Essien Dumped YPP

By Asuquo Edem It's no longer news that the member representing Ibiono Ibom State Constituency, Hon. Moses Essien has parted ways with the Young Progressive Party(YPP) pitching tents with the ruling People's Democratic Party (PDP). The lawmaker who announced his defection to the PDP today during Plenary at the House of Assembly stated among other reasons his decision to move camp owing to the division amongst the leadership of YPP in the State. In his words: " I write to notify the Speaker and members of the People's Democratic party ( PDP ) in the Assembly of the formal resignation of my membership from the Young Progressive Party (YPP) to People's Democratic Party (PDP). The reason for this action is based on the division within the YPP leadership in Akwa Ibom State, where the 2023 Governorship candidate of the YPP, the state chairman of the party and the State officers including chapter officers of the party and stalwarts of the party decamp to the All Progres

AKHA Moves To Save Ibom Air From Collapse, Approves N30B Bond

By Asuquo Edem The Akwa Ibom State House of Assembly has passed a resolution for Ibom Air to access neccesary funds for operation to remain in business. The resolution came from a letter from the State Governor Pastor Umo Eno to the Speaker with details GHU/ AKS/S/104/S.4/ Vol.1/5 titled "Re: Resolution of the Akwa Ibom State House of Assembly on the Provision of Irrevocable Standing Order (ISPO) for up to N30,000,000,000.00 (Thirty Billion Naira) Bond Issuance Under the N200,000,000,000.00 (Two Hundred Billion Naira) Bond Issuance Programme by IAL Financing SPV PLC (Sponsored by Ibom Airlines Limited)." In his contributions to the letter of request, the Deputy Speaker, Rt. Hon Kufreabasi Edidem while decrying the travails of businesses with high interest rates from commercial banks noted that the approach of the governor for the airline showed clear ingenuity and encouraged his colleagues to support the cause to purchase the bond from the market. He stated that it would

The Empire Naija

Search This Blog