The state legislature has commenced debate on the 2022-2025 Anambra State Medium Term Expenditure Framework geared towards the development of the state.
The medium-term expenditure framework, which was referred to the house committee on Finance and Appropriation to work on and refer back to the house during plenary, was forwarded to the house by Governor Chukwuma Soludo for consideration and passage.
House of Assembly Correspondent Chukwuemeka Modilim reports that introducing the framework to the House, the Deputy Majority Leader, Chief Emeka Aforka, emphasized that it is a document that gives an insight into revenue and expenditure plans of Anambra State Government for the next three years and pre- requisite for the presentation of the 2023 budget estimate to the house. UPSOT
In his contribution, the Deputy Chairman, House Committee on Internally Generated Revenue, Honourable Nonso Smart-Okafor, stressed the need for the Anambra State Executive Council to always harness views to safeguard the state from depending on national projections so that the inefficiencies of those at the helm of monetary affairs at the national level will not jeopardize the growth and development of Anambra State.
In their contributions, the deputy speaker, Dr. Paschal Agbodike, the Chief Whip, Dr. Pete Ibida and the member representing Anaocha Two Constituency, Chief Ejike Okechukwu, observed that the 2022-2025 Medium Term Expenditure Framework of the state showed the clear-cut vision of Governor Soludo for the state.
While commending the efforts of Governor Soludo in developing Anambra State, the member representing Ogbaru Two Constituency, Sir Somtochukwu Udeze, observed that the meager federal allocation to Anambra State and its internally generated revenue is not enough for rapid development of the state andadvised Governor Soludo to source for loan or grant outside the state to meet the infrastructural needs of the state, while the speaker, Right Honourable Uche Okafor added that securing loan or grant will enable the governor to meet the developmental needs of the state.
The house later observed a minute silence in honour of the first Minister of Aviation, Chief Mbazuluike Amechi, who passed on yesterday.
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