December 15, 2022
The Akwa Ibom State House of Assembly today Thursday passed the State’s 2023 Appropriation Bill of N700billion, made up of N344.005billion for Recurrent Expenditure and N355.995billion for Capital Expenditure, into law.
The proposed Bill, which amount to an increase of 0.4% of the initial proposed budget size, followed the Report of the Hon. Uduak Odudoh-led House Committee on Finance and Appropriation.
The report recalled that “at the 8th Sitting of the Fourth Session of the Seventh Assembly on Monday, November 7, 2022, Governor Udom Emmanuel presented his Budget address to the Honourable House. At the end of his address, in pursuance of Section 121 (1) of the 1999 Constitution of the Federal Republic of Nigeria (as amended), he laid before the House estimates of revenue and expenditure of Akwa Ibom State for 2023 for consideration. By virtue of Order 8, Rule 1(3) of the Standing Order of the House, the Appropriation Bill 2023 was deemed read the first time.”
After a fruitful Clause-by-Clause deliberation at the Committee of the Whole and Supply, Members unanimously accepted the report and the Appropriation Bill was subsequently passed into Law.
The Speaker, Rt. Hon. Aniekan Bassey, who presided over the plenary, directed the Clerk of the House, Mrs. Mandu Umoren, to communicate the position of the House to the Executive Governor for assent.