Adams Oshiomhole Presents N111.5bn 2016 Budget

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Governor Adams Oshiomhole of Edo State has presented the
state’s 2016 budget of N111.5 billion to the state House of Assembly for
consideration and approval.
Tagged “Budget of Finishing Well” the 2016 budget is 12.6
percent lower than the 2015 budget which was revised downward to N127.01
billion due to economic realities.

While presenting the budget, the governor said: “The
reduction is in line with current economic realities, especially developments
in the international oil market and the dwindling inflows from the Federation
Account.”

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