{"id":75917,"date":"2022-11-07T14:29:33","date_gmt":"2022-11-07T13:29:33","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/umahi-presents-budget-over-n139bn-for-2023-fiscal-year"},"modified":"2022-11-07T15:41:13","modified_gmt":"2022-11-07T14:41:13","slug":"umahi-presents-budget-over-n139bn-for-2023-fiscal-year","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/umahi-presents-budget-over-n139bn-for-2023-fiscal-year","title":{"rendered":"Umahi presents budget over N139bn for 2023 fiscal year"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The Governor of Ebonyi State, David Umahi on Monday presented a total of One hundred and thirty-nine billion, three hundred and ninety-eight thousand, two hundred and eighty thousand six hundred and forty naira, (N139,398,280,640.00 ) budget estimate to the State House of Assembly.<\/p>\n<p>Tagged a \u201cBudget of Divine Mandate Consolidation and Continuity\u201d (C to C), Umahi, who made the presentation to the state House of Assembly said his administration would implement 41.67% while the next administration would implement 58.33% of the budget.<\/p>\n<p>\u201cThis consist of a Recurrent Expenditure of Fifty-Eight Billion, Three Hundred Sixty-Seven Million, Seven Hundred Seventy-Four Thousand Four Hundred and Sixty-Eight Naira (N58,367,774,468.00) covering 41.87% of the total budget\u201d, Umahi said.<\/p>\n<p>\u201cPersonnel cost is Twenty-Six Billion, Eight Hundred, Ninety-Four Million, Three Hundred, Eighty-Four Thousand Four Hundred and Sixty-Eight Naira (N26,894,384,468.00) covering 19.29% of the total budget\u201d.<\/p>\n<p>\u201cOverhead cost is Thirty-One Billion, Four Hundred Seventy-Three Million, Three Hundred and Ninety Thousand Naira (N31,473,390,000.00) covering 22.58% of the total budget\u201d.<\/p>\n<p>\u201cThe Capital expenditure of Eighty-One Billion, Thirty Million, Five Hundred Six Thousand, One Hundred and Seventy-Two Naira (N81,030,506,172.00) covering 58.13% of the total budget estimate\u201d.<\/p>\n<p>The Governor explained that the 2023 budget proposal is 4.13% less than the 2022 original budget and it is aimed at addressing the challenges observed so far in the implementation of the 2022 original budget.<\/p>\n<p>He added that the proposed budget will commence the setting up of the two universities of ICT University at Oferekpe, Izzi and the Aeronautical University at Ezza.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/nigeria\">Nigeria<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The Governor of Ebonyi State, David Umahi on Monday presented a total of One hundred and thirty-nine billion, three hundred and ninety-eight thousand, two hundred and eighty thousand six hundred and forty naira, (N139,398,280,640.00 ) budget estimate to the State House of Assembly. Tagged a \u201cBudget of Divine Mandate Consolidation and Continuity\u201d [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":75916,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,254,998],"class_list":["post-75917","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-nigeria-2","tag-nigeria","tag-umahi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Umahi presents budget over N139bn for 2023 fiscal year - Nigeria<\/title>\n<meta name=\"description\" content=\"The Governor of Ebonyi State, David Umahi on Monday presented a total of One hundred and thirty-nine billion, three hund ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/umahi-presents-budget-over-n139bn-for-2023-fiscal-year\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Umahi presents budget over N139bn for 2023 fiscal year\" \/>\n<meta property=\"og:description\" content=\"The Governor of Ebonyi State, David Umahi on Monday presented a total of One hundred and thirty-nine billion, three hund ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/umahi-presents-budget-over-n139bn-for-2023-fiscal-year\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-07T13:29:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-07T14:41:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2022\/11\/postQueueImg_18-636918f236d0d.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1556\" \/>\n\t<meta property=\"og:image:height\" content=\"1167\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/umahi-presents-budget-over-n139bn-for-2023-fiscal-year#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/umahi-presents-budget-over-n139bn-for-2023-fiscal-year\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Umahi presents budget over N139bn for 2023 fiscal year\",\"datePublished\":\"2022-11-07T13:29:33+00:00\",\"dateModified\":\"2022-11-07T14:41:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/umahi-presents-budget-over-n139bn-for-2023-fiscal-year\"},\"wordCount\":257,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/umahi-presents-budget-over-n139bn-for-2023-fiscal-year#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2022\/11\/postQueueImg_18-636918f236d0d.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Nigeria\",\"Umahi\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/umahi-presents-budget-over-n139bn-for-2023-fiscal-year#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/umahi-presents-budget-over-n139bn-for-2023-fiscal-year\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/umahi-presents-budget-over-n139bn-for-2023-fiscal-year\",\"name\":\"Umahi presents budget over N139bn for 2023 fiscal year - 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