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| Usoro Akpanusoh, Chairman AKHA Committee on Appropriation/Finance |
A COMMUNIQUÉ
ON A ONE DAY PUBLIC HEARING ON THE 2016 AKWA IBOM STATE BUDGET ORGANIZED BY THE
AKWA IBOM STATE HOUSE OF ASSEMBLY COMMITTEE ON APPROPRIATIONS AND FINANCE HELD
IN UYO ON FRIDAY JANUARY 8, 2016.
1.0 PREAMBLE
Budgeting for programmes,
projects and commitments by governments has gone beyond mere annual ritual
exercise. It encapsulates fiscal measures, estimates of revenue, expenditure
and implementation strategies. It therefore behooves on government to ensure
that inputs from both formal and informal sectors of the economy are sought;
obtained, collated, evaluated and incorporated into annual budgets. Such
participatory approach does not only make the budget people-oriented but separates
needs from wants in a given polity.
