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Enugu Assembly passes N103bn 2018 budget

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Enugu Assembly passes N103bn 2018 budget

Enugu State House of Assembly yesterday passed into law the 2018 appropriation budget of N103, 563, 500. 000. The budget is more than N5 billion higher than the estimate of N98, 563, 500.000 presented before the House by Governor Ifeanyi Ugwuanyi on December 28, 2017. The passed budget is still below 2017 budget of N105, 19, 47. 000.

The budget, which was back-dated to take effect from January 1, already was passed after the it was certified absolutely okay by a committee of the House and the third reading of the bill. Speaker Edward Ubosi thanked his colleagues and staff of the Assembly for working very hard to make the passage possible, describing the estimate as not only realistic but would facilitate rapid sustainable economic growth and human development in the state. He urged the executive arm of government to ensure the bill was implemented to the letter.

Meanwhile, the House of Assembly had earlier slammedcommercial banks in the country over what it called unwarranted charges being imposed on customers. This was sequel to a motion moved at plenary by Hon. Chinedu Nwamba, representing Nsukka East Constituency, which was seconded by Hon. Iloabuchi Aniagu, representing Nkanu West Constituency. Nwamba said the need for the motion arose out of  myriads of complaints he was receiving from residents over activities of the banks operating in the state.

He said: “There is no gainsaying the obvious fact that a high percentage of Nigeria citizens are living below poverty line. The indices are there and points to the above fact.

“Therefore, it will be absurd to allow commercial banks operating in Nigeria, especially Enugu state to continue to add to the pains of the people by way of imposing unwarranted charges on every transaction carried out by their customers. “It is even more annoying that the banks do not inform or solicit the customer’s consent. All they do is to charge you what they care, deduct same and at the end of the month, charge you again for what they call monthly charges.”

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