Adams Oshiomhole Presents N111.5bn For 2016 Budget

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.”