Fayemi presents N124bn budget for 2020 to Assembly

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Fayemi presents N124bn budget for 2020 to Assembly

Ekiti State Governor, Kayode Fayemi, on Friday presented a budget of N124 billion for 2020 to the State House of Assembly for approval.

The budget christened “Budget of Deliverables” has N53.53 billion, representing 43 percent as capital expenditure, while the recurrent expenditure is N71.18 billion, representing 57 per cent.

Fayemi said the budget was tailored after his administration’s five-pillar agenda for development, “and speedy economic transformation of the state.

He said the budget would provide platform for the implementation of his administration’s cardinal objectives as covered in the five-pillar agenda.

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