Delta suffers N40bn revenue shortfall in 2021 budget

The Delta State Government says it has suffered N40 billion revenue shortfall in the half year of 2021 budget as a result of insufficient funds from the Federation Account.

The State Commissioner for Economic Planning, Dr Barry Gbe, stated this at the 2022 Citizens Budget Engagement Forum on Tuesday at the Government House, Asaba.

Gbe reiterated readiness to ensure efficiency and effectiveness in harnessing the abundant human and natural resources to transform the state into one of the most developed in the country.

He said, “The 2021 half year budget had suffered N40 billion revenue shortfall as a result of insufficient funds from the Federation Account.

“The state aimed to achieve the expectation through strategic implementation of projects and programmes in the state, the submissions from the summit will be incorporated into the budget for a proactive, efficient and more effectiveness in planning.

“The interaction will enable the government to be effective and efficient in governance, while serving as expenditure control and creating platform for information dissemination, among others.”

Gbe said since the State Government signed up with the open government partnership domiciled with the Federal Ministry of Budget and National Planning, it remains committed to transparency in the execution of its budgets.

Speaking further, the Commissioner for Information, Mr Charles Aniagwu, thanked the stakeholders for the engagement and reaffirmed the State Government’s commitment to providing dividends of democracy and encourage citizens’ participation in governance.

Aniagwu noted that their contributions would significantly help the state government in deepening its budgeting processes, adding that their comments, remarks and observations would be channelled to the governor for evaluation and consideration.

He reminded participants at the ceremony that they have unique roles to play in monitoring government projects in their respective communities to ensure that government’s projects were executed in line with contractual agreement. PUNCH

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