Tag: Governor Udom Emmanuel

Nigeria: Akwa Ibom 2019 – Udom Sets For War With N671 Billion Arsenal
News, Nigeria

Nigeria: Akwa Ibom 2019 – Udom Sets For War With N671 Billion Arsenal

Governor Udom Emmanuel of Akwa Ibom State, one of the big oil states in Southern Nigeria, has unveiled a N671 billion war chest for the 2019 polls tagged: Budget of Industralisation for Poverty Alleviation. While presenting the 2019 Budget to the state House of Assembly on Wednesday, the governor who is battling for a re-election on the platform of the Peoples Democratic Party (PDP) said the budget proposal was prepared in accordance with International Public Sector Accounting Standard (IPSAS) – Accrual Template. β€˜β€™It is a comprehensive IPSAS package that classifies transactions into Revenue, Expenditure, Asset and Liabilities. Thus, it aids effective and efficient financial analysis. We have christened the 2019 budget as the Budget of Industrialisation for Poverty Alleviation’’,...