Budget Process
Akwa Ibom wins CIRDDOC 2020 best budget transparency award
In a move that gives credence and endorsement of the commitment of the Udom Emmanuel led administration in ensuring openness, transparency and accountability in budgeting and governance, the Akwa Ibom State Government has been ranked one of the best performing states in the 2020 sub-National Budget Transparency Survey. The survey which was conducted by the Civil Resource Development and Documentation Centre (CIRDDOC) to ascertain the level of budget performance by states of the federation revealed that Akwa Ibom and four other states topped the budget performance index for the year, 2020. The Nigerian States Budget Transparency Survey Report also revealed that Akwa Ibom and some other Nigerian States have significantly improved budget transparency and participation, and has improved the ro...
Akwa Ibom Assembly passes N456.25 billion Appropriation Bill
The Akwa Ibom State House of Assembly Tuesday passed into Law the state appropriation bill of N456.25billion for the 2021 fiscal year. The 2021 appropriation bill is broken down to of N164.52billion Recurrent expenditure, N241.45billion Capital Expenditure and N50.3billion for Consolidated Revenue Fund Charges. This is against the N435.65billion proposed by the governor, Mr Udom Emmanuel to the House of Assembly in the month of October. The bill was passed after the adoption of the report of the House Committee on Finance and Appropriation Committee, presented by the Chairman, Mr Uduak Odudoh, during Tuesday plenary. Odudoh explained that Ministries Departments and Agencies (MDAs), Non-Governmental Organisations and other relevant publics participated in the budget process before its passa...
