The Ekiti State authorities has mentioned it’ll spend N2.5 billion on the Worldwide Agro-Allied Cargo Airport for its working and upkeep within the 2025 fiscal yr.
The Commissioner for Price range and Financial Planning, Mr. Femi Ajayi, said this on Thursday in the course of the presentation of the breakdown and highlights of the 2025 funds, signed into legislation by Governor Biodun Oyebanji on December 30, 2024.
Recall that the Minister of Aviation and Aerospace Growth, Festus Keyamo, just lately declared the airport prepared after inspecting the airport within the firm of the state governor, Mr Biodun Oyebanji, saying that the fundamental necessities for the take-off of an airport are already in place at Ekiti Airport.
He mentioned: “The Ekiti Agro-Allied Airport is 99.5% prepared for full business operation. I’m certain you’re conscious we’ve gone spherical. The fundamental necessities for the take-off of an airport are right here. You could have the hearth station; you’ve got the navigation gear already put in. You could have different gear, akin to CCTV cameras in place.
“The runway we’ve right here is of worldwide customary and you’ll see how massive the airport is. Slim our bodies can come right here to anchor. Ekiti right this moment is prepared for the world. The truth that the governor has put numerous ardour, dedication, and assets into this venture is a testomony to his dedication.”
Nevertheless, clarifying why the sum of N2.5 billion was budgeted for the Airport, the Commissioner for Price range and Financial Planning mentioned that though the airport has been accomplished, there’s a must hold it working and correctly maintained.
Moreover, the federal government has earmarked the sum of N1.2 billion for the development of the Ekiti Indoor Sports activities Corridor, simply because it intends to spend N103 million for the renovation of the Nationwide Youth Service Corps (NYSC) Camp in Emure Ekiti.
In the meantime, the federal government has earmarked a complete of N68.54 billion for the development and rehabilitation of assorted roads unfold throughout the 16 native authorities areas of the state within the 2025 fiscal yr.
The commissioner additionally disclosed that the state recorded a powerful 88% efficiency in its 2024 funds, indicating a big milestone within the state’s appropriation efficiency.
Ajayi mentioned that the achievement is a testomony to Governor Biodun Oyebanji’s administration’s dedication to efficient funds implementation and useful resource allocation.
He said that the funds efficiency has had a corresponding constructive influence on the economic system, with advantages prolonged to varied sectors in addition to communities throughout the 16 native authorities areas of the state.
In response to him, the state had invested closely in crucial sectors, together with infrastructure, well being, training, youth growth and job creation, agriculture, and human capital growth, to additional convey financial prosperity to the Ekiti individuals.
