Orji presents N149.6bn appropriation bill to Abia paliarment
(Nigeria) Governor Theodore Orji of Abia State on Monday in Umuahia presented a budget of N149.6 billion for the 2014 fiscal year to the state House of Assembly for consideration. Orji made the presentation of the "budget of legacy consolidation" during the assembly's plenary session. He said the budget was prepared in line with the International Public Sector Accounting Standard, IPSAS. According to him, it focuses on the completion of on-going projects and repositioning of Abia economy on the path of sustainable growth. The governor said that the ministries, departments and agencies of government would be made to implement the projects in compliance with the IPSAS system. Orji said that the objective of the budget was to effectively channel available resources in the state to projects that would engender wealth and stimulate investment. He said though the state looked up to accruals from the federation account, efforts would be made to boost internally