Gov. Adams Oshiomhole of Edo State on Wednesday signed the 2010 Appropriation Bill of N101.96 billion.

The News Agency of Nigeria (NAN) recalls that the Edo State House of Assembly passed the Appropriation Bill last week.

The assembly had increased the budget by N2 billion above the executive proposal of N99.24 billion.

The budget passed by the assembly comprises  a capital budget of N63.174.305.354 and a recurrent expenditure of N38.790.953.99 billion.

The executive had presented a capital expenditure of  N60.538.857.663 billion and a recurrent expenditure of N38.707.676.037 billion.

The budget is also about N18.66 billion more than the  2009 budget.

Assenting to the bill, Oshiomhole thanked the speaker of the house and his colleagues for giving the budget proposal an accelerated passage.

He noted that the 2010 budget was better than that of last year, adding that it would address some critical projects that would impact positively on the lives of the citizenry.

The governor said that last year’s budget recorded about 73 per cent  performance,  adding  that road construction had been launched in the three senatorial districts.

He added that reconstruction of schools was also ongoing  across the state.

Oshiomhole said that the state government would soon commence the construction of about 120 ultra- modern bedrooms at the Central Hospital in Benin.

He commended the people especially the Benin residents for voluntarily removing perimeter fences and other structures likely to obstruct ongoing construction work in the state.

(NAN)

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