BSHOA Approves Downward Revision Of Supplementary Budget

0
Coat of arms

FIC Report (Benue State) – The Benue State House of Assembly has approved for the downward review of 2024 supplementary budget to the tune of Twenty Three Billion, Five Hundred and Ninety – two Million, Eight Hundred and Ninety Five Thousand, Nine Hundred and Seventy Six Naira, forty two Kobo, (23,592,895,976.42k) to help accommodate the ongoing discussions and negotiations surrounding the new minimum wage for public sectors employees.

The House gave the approval Monday, November 18 2024, during a plenary presided by the speaker Chief Hyacinth Aondona Dajoh.

The Governor had in a correspondence sent to the Speaker which was read on the floor of the House by the honourable Speaker, sought for the review of the supplementary budget.

According to the correspondence, the Governor stated that the downward review of the supplementary budget will help ensure that the government remains financially responsible while also meeting the legitimate expectations of workers who are struggling with the rising costs of living and will ease the implementation of the new minimum wage structure and also send a positive signal to the public that the government is committed to balancing fiscal prudence with social equity.

Acting Clerk of the house Mr John Hwande accordingly read all the bill for the first time and the speaker referred the bills to the house standing committee on Rules and Business to be slated for second reading on a later date.

Signed

VERONICA AZEMBA
FOR HOC FIC MAKURDI