Job Creation Office, One Of The Greatest Achievements Of Governor Okowa, Says Emu
DELTA State Commissioner for Economic Planning, Dr Kingsley Emu has said, establishing the Job Creation Office is one of the greatest achievements of Governor Ifeanyi Okowa’s administration.
Addressing Journalists in a 2018 budget break-down in Asaba on Monday , Dr Emu observed that the greatest threat to Nigeria is teeming number of youths including, graduates who are jobless, noting that with the Job Creation Office, Governor Okowa’s administration had ensured that most Deltans are not only engaged but, have become employers of labour.
The Commissioner briefed the press with his Information, and Finance counterparts, Mr Patrick Ukah and Olorogun David Edevbie respectively.
According to the Commissioner, “through the Job Creation Office, a lot of persons have become employers of labour and we cannot quantify the benefits of having a healthy and working population.”
“We are here to sufficiently inform you about the 2018 budget which has been presented to the Delta State House of Assembly; the budget as crafted, provides for how to manage the activities of government throughout the year,” he said, adding, “the sum of N147, 487, 809, 897 which is 49.48 per cent of the budget will be spent on recurrent while capital expenditure will take the sum of N150, 590, 669, 000 billion which is 50.52 per cent of the budget.”
He disclosed that under recurrent expenditure, personnel cost will be N64, 352, 187, 136, overhead costs – N46, 837, 529, 552; consolidated revenue fund – N36, 298, 093, 210 stating that as it concerns capital expenditure, economic will gulp N37, 952, 119, 208; social – N28, 694, 720, 207, environmental – N35, 251, 858, 990; general administration – N17, 691, 970, 595; DESOPADEC – N28 Billion; contingency fund – N3 Billion.
On the sources of revenue to finance the proposed budget, Dr Emu said the sum of N1, 194, 460, 212 will be raised from the internally generated revenue; statutory allocation N18, 056, 627, 329; value added tax – N251, 745, 067 and other capital receipts – N37, 893, 899, 556
Olorogun Edevbie at the briefing, threw light on the Paris Club refund received by the Delta State government saying, “we received N33.5 Billion being the total amount refunded, N7 Billion of that sum belong to the local government councils which we gave to them, N13 Billion was spent on capital projects while N12.3 Billion was spend on salaries and pensions.”