Ekiti State Governor, Kayode Fayemi, has signed the 2022 Appropriation budget of ₦100.75 billion into law.
Fayemi also promised to complete all ongoing legacy projects and consolidate on other achievements recorded in the past three years.
The Governor said the budget has a percentage ratio of 60:40 recurrent to capital expenditure, and that it was designed to complete the Ekiti Cargo Airport, the Ado-Iworoko section of the Ado-Ifaki Road, to renovate township roads, and to commence the construction of farm roads across the State.
Other projects included completion and equipping of the Intensive Care Unit at Ekiti State University Teaching Hospital, construction and renovation of schools, provision of learning materials to students, completion of ongoing erosion and watershed management project, foundation laying for Ekiti Knowledge Zone, and the Special Agriculture Processing Zone, among others.
The governor noted that the budget, tagged “Budget of Legacy and Consolidation”, prepared to ensure that enduring legacies were handed over to successive governments with a clear development blueprint to set Ekiti into a period of sustained prosperity.
Fayemi said, “The budget has been designed to help us achieve our goal of finishing well, by consolidating the gains of the last three years and handing over an enduring legacy to our successor government. It has been designed to ensure we complete most, if not all, of our capital projects, while also ensuring the day-to-day operations of Government continue to run smoothly.”
The government lauded development partners for providing support for the state government during the COVID-19 pandemic, which led to a fiscal crisis occasioned by lockdowns and revenue losses.