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Obaseki Signs N321.4bn 2023 Appropriation Bill Into Law

Published

3 years ago

December 20, 2022

The Edo State Governor, Mr Godwin Obaseki, on Tuesday, signed the state’s 2023 Appropriation Bill pegged at N321.3bn into law after the bill was passed by the Edo State House of Assembly.

Signing the bill at the Government House, Benin City, Governor Obaseki said most of the projects in the budget would be funded from Internally Generated Revenue.

He said, “The budget for 2023 is a watershed budget because as we reviewed the year 2022, we found out that we broke every record in the year 2022.

“In terms of budget performance, we hit more than 90 per cent, which is considered excellent. This means that we got more than 90 per cent of our estimated revenue of N220bn in the finance budget for 2022.

“We also insisted and emphasized a lot more on capital expenditure than recurrent. Unfortunately, we had a very long rainy season but as you can see now, contractors are on site and work is going on on a lot of roads across the 3 senatorial districts of the state and some of these works will spill over into the New Year.

“More of the resources we have earned has gone into serving the people of Edo State to build infrastructure, whether road or electricity, among others, that the people need so that their businesses can thrive. We have also not neglected investments in education, skills development, job creation and health.

These items cut up the bulk of what we earned and spent in the year 2022.”

Obaseki continued: “Clearly, we now see that we can achieve what we are estimating for the year 2023, provided that the citizens of the state cooperate with us.

“Bulk of these projects will be funded by internally generated revenue and because of the improvement in the economic environment, businesses are thriving, particularly in the areas of construction and real estate services. We expect that those businesses that are doing well will pay the taxes due to them. The government is doing its best to boost the economic environment so we expect that citizens must also contribute by paying their tax revenues.

“We are going to be emphasizing revenue collection in 2023 for those who are making money. We know them and have their data. We believe we will earn all that we have estimated. We are not relying solely on oil receipts from the federal government but on ourselves and our citizens. We want to assure you that every Kobo of tax revenue spent will be on capital development.”

The governor further commended the Speaker of the Edo State House of Assembly, Rt. Hon. Marcus Onobun and other members of the Assembly for the speedy consideration of the budget.

Earlier, while presenting the bill to the governor, Onobun said the Assembly slightly reviewed the estimates upwards from the initial N320bn to ensure equitable distribution of projects across Edo’s three senatorial districts.

Headline

12 Die, 30 Missing In Peru Landslide

Published

6 hours ago

December 1, 2025

Editor

At least 12 people, including three children, died in a landslide at a river port in central Peru on Monday, and 30 were reported missing, officials said.

The landslide submerged a boat with about 50 passengers on board, and another with none, as they were docked at the port of Iparia in the Amazon jungle region of Ucayali, according to a police report cited by the Andina news agency.

Six people were injured, it added, and a search and rescue operation was underway at the start of the Peruvian rainy season.

Without giving a toll, Peru’s COEN national emergency operations centre said on X that tragedy struck at dawn due to “erosion” of the bank of the Ucayali river.

It said the navy has been called in to help.

AFP

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Nigeria Grants Asylum To Guinea-Bissau Opposition Candidate

Published

7 hours ago

December 1, 2025

Editor

The Nigerian embassy in Guinea-Bissau has granted asylum to Fernando Dias da Costa, the country’s opposition presidential candidate, following alleged threats to his life after last week’s military coup, The Cable Reports.

The coup was announced by military officers on Wednesday, just days after Guinea-Bissau’s presidential election in which both incumbent President Umaro Embaló and his main challenger, da Costa, claimed victory before official results were released.

Nigeria condemned the takeover and urged an immediate return to constitutional order.

In a letter to the President of the Economic Community of West African States Commission, Omar Touray, dated November 30, the Foreign Affairs Minister, Yusuf Tuggar, said President Bola Tinubu had approved asylum and protection for da Costa inside the Nigerian embassy in Bissau.

Tuggar wrote that the decision was made “in response to threats made against da Costa’s life.”

“In this regard, it would be appreciated if you would kindly mandate the ECOWAS Stabilisation Support Mission in Guinea-Bissau to provide him protection and security while in the premises of the Nigerian embassy,” the letter stated.

The foreign affairs minister’s Special Assistant on Media and Communications Strategy, Alkasim Abdulkadir, confirmed the letter’s authenticity to The Cable on Monday.

He said, “The decision of the Federal Government of Nigeria to grant asylum and provide protection to Fernando Dia Da Costa falls squarely within Nigeria’s sovereign responsibility and longstanding commitment to regional peace, stability, and democratic governance.”

He added that Nigeria acted “in the broader interest of de-escalation,” saying the government had exercised its discretion “to prevent further deterioration of tensions and to promote social cohesion in Guinea-Bissau and the wider West African sub-region.”

According to Abdulkadir, the intervention aligns with ECOWAS principles and reflects Nigeria’s role as a stabilising force in West Africa.

Following the coup, ECOWAS held an emergency virtual summit of heads of state and subsequently suspended Guinea-Bissau from the regional bloc until constitutional order is restored.

Headline

Trump To Attend FIFA World Cup Finals Draw On Friday

Published

7 hours ago

December 1, 2025

Editor

The White House on Monday confirmed US President Donald Trump would attend the draw for the FIFA World Cup finals in Washington later this week.

The United States will co-host the 2026 tournament alongside Canada and Mexico.

“On Friday, President Trump will attend the FIFA World Cup final draw at the Kennedy Centre,” White House Press Secretary Karoline Leavitt told reporters.

Trump has made the World Cup a centrepiece event of both his second presidency and the 250th anniversary of US independence next year.

But the giant sporting extravaganza has not escaped the political turmoil caused by Trump’s hardline stance on a host of issues.

Trump, a Republican, has raised the possibility of moving games from some US host cities amid a crackdown on what he says is crime and illegal migration in some Democratic-run areas.

AFP