Following the reduction in the revenue allocated to states brought on by a fall in global crude oil prices, Edo governor, Adams Oshiomhole, on Wednesday, sent a bill to the State House of Assembly seeking a reduction in the state’s 2015 appropriation budget which is already law.
The governor had last year signed the approved N159.3 billion appropriation bill into law with a promise to ensure that the objectives of the budget are realised to meet the aspirations of the people.
However, in a letter to state lawmakers, signed by the secretary to the state government, Prof. Julius Ihonvbere, Oshiomhole said the need for a budget review was due to dwindling revenue.
The governor is seeking a downward review to N127 billion.
The current state assembly, who would be having their last sitting on Thursday, suspended some sections of the House Rules to enable them pass the reviewed budget.
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