The Anambra State Governor, Prof. Chukwuma Soludo, has written the state House of Assembly seeking approval for N100 billion loan. The loan facility, according to him, will be for the construction and refurbishment of key infrastructure in the state. The lawmakers, thereafter, passed the state 2022 Revised Appropriation Bill of N169.6bn. While presenting the report, one of the lawmakers representing the Anambra East Constituency, Mr Emeneka, said the revised budget was made up of N108bn capital expenditure and N61.3bn recurrent expenditure. He said, “After thorough scrutiny and review, we recommend that the size of the 2022 revised budget be retained except for little adjustments in some ministries, department and agencies’ allocation.

Source: Punch July 16, 2022 04:07 UTC