SYPSG INAUGURATES NEW EXECUTIVE COMMITTEE IN 21 LGAs. (PHOTOS). #PRESS RELEASE

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 SYPSG INAUGURATES NEW EXECUTIVE COMMITTEE IN 21 LGAs By Ifeoma Aniagbado   The Solution Youth Preneur Support Group (SYPSG) Executive Committee has been inaugurated in 21 LGAs of Anambra State to pilot the affairs of the youth in the LGAs  The inaugural ceremony which held at Government House, Awka was well attended by prominent people and some state government officials. The Commissioner for Youth Development, Mr. Patrick Agha Mba, announced that a transformative milestone has been reached in the journey that began in October 2022, when Governor Chukwuma Soludo launched the highly acclaimed 1 Youth 2 Skills Solution initiative that marks a significant turning point, revealing a brighter future for the youth.  The Commissioner noted that the progress made so far is a testament to the governor's visionary and youth-friendly leadership. He stated that on Friday, October 27, 2023, the governor spent a total of N2b as grant for start-up and business expansion for 5,000 beneficiaries i
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BUDGET BREAKDOWN: ANAMBRA STATE GOVERNMENT EXPLAINS THE N170 BILLION CONTAINED IN THE 2022 REVISED BUDGET DRAFT.(PHOTOS).

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Budget Breakdown: Anambra State Government Explains The N170 Billion Contained In The 2022 Revised Budget Draft 



Anambra State Government through the ministry of Budget and Economic Planning has given the breakdown of 170 billion naira which is the budget size of the 2022 revised draft budget.

Recall that Governor Chukwuma Soludo presented the revised budget before the members of the state House of Assembly May 19.

The Commissioner for Budget and Economic planning, Ms Chiamaka Nnake who did the breakdown today during a press briefing revealed that the Recurrent expenditure accounts for 36 percent of the total budget while the capital expenditure accounts for the remaining 64 percent.

She went further to explain that about 60 percent of the capital expenditure is targeted at delivering infrastructure that the average citizens can feel, see, use or touch and which will have highest developmental impact.

Ms Nnake also gave the breakdown of the budget allocations across the priorities of the state which include works, transport, security, community choose your project, youth development, water and power, education, health, agriculture, ICT, reforming and digitizing revenue collection in the state, airport work in progress among others.

She also explained that the budget will be funded by 24 percent Internally generated revenue, 36 percent Federal allocation and 40 percent loan.

N108 billion was allocated to capital expenditure while N61.4 billion was allocated to recurrent expenditure for the year ending 2022.

The Commissioner for Information, Mr Paul Nwosu and the permanent secretary in the ministry of Budget and Economic planning, Mrs Stephanie Kerry-Uzo were present during the briefing.
More photos below. 



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