COVID - 19: Warri South Council Legislature slashes 2020 budget by 40 percent

The Legislative Arm of Warri South Local Government Council, on Friday May 29, passed a


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COVID - 19: Warri South Council Legislature slashes 2020 budget by 40 percent


The Legislative Arm of Warri South Local Government Council, on Friday May 29, passed a revised 2020 fiscal estimate of four billion, seventy - six million, one hundred and four thousand, eight hundred and forty - four naira and sixty - one kobo (N4, 076,104, 844.61 kobo) representing 40 % reduction from the six billion, seven hundred and ninety - three million, five hundred and eight thousand, seventy - four naira and thirty - six kobo (N6, 793,508,074.36 kobo) presented to the House for consideration February 21 by Chairman of Warri South Local Government Area, Dr. Michael Tidi.

 

The Warri South Council Legislature, explained that the downward review was occasioned by the global economic downturn, caused by the Coronavirus pandemic.

 

Leader of Warri South Legislative Arm, Rt. Hon. Kingsley Edafiadjebre, also noted that the House acted in compliance with International Public Sector Accounting Standards, IPSAS.

 

Fresh Angle International understands that the revised budget is expected to be immediately transmitted to Warri South Chairman, Dr. Michael Tidi for assent.

 

The Warri South Legislature, also congratulated Delta State Governor, Dr. Ifeanyi Okowa, on the occasion of the 5th anniversary of his inauguration as Chief Executive of the Oil and Gas - rich state.


Copyright: Fresh Angle International (www.freshangleng.com)
ISSN 2354 - 4104


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Ebule Anthony Metsese
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