Governor Peter Mbah of Enugu State has expressed optimism about Nigeria’s prospects in 2024, urging citizens to remain hopeful as the benefits of certain economic policies implemented in 2023 begin to materialize in the new year.
In his New Year message to Nigerians and the people of Enugu State, Governor Mbah highlighted the potential for significant economic growth in the coming year.
He assured Enugu residents of a period of substantial economic advancement, citing various projects, policies, and legislation, including the state’s 2024 Appropriation Law, as evidence of his administration’s commitment to development.
Acknowledging the challenges faced by Nigerians in 2023, particularly due to government policies such as the removal of fuel subsidy and the unification of exchange rates, Governor Mbah expressed confidence that inflation, unemployment, and the high cost of living would decrease in 2024.
Governor Mbah emphasized the need for concerted efforts by leaders at all levels of government to alleviate immediate hardships and leverage economic policies for long-term prosperity.
Highlighting the achievements of his administration since assuming office in May 2023, Governor Mbah outlined key infrastructure projects and initiatives aimed at positioning Enugu State as a hub for business, investment, tourism, and living.
These include improvements in water supply, efforts to boost the state’s electricity market, initiatives to attract foreign direct investment, and measures to enhance security and infrastructure.
Governor Mbah also revealed plans for the construction of smart schools and primary healthcare centers, as well as the development of a new city and urban roads.
Mr. Governor emphasized the importance of education, healthcare, infrastructure, water supply, agriculture, and security in the state’s development agenda.
In a bid to stimulate economic growth, Governor Mbah announced a proposed budget of N521.5 billion for 2024, with a focus on capital expenditure and key sectors such as education, economic, social, infrastructure, water, agriculture, and health.
He highlighted the minimal reliance on borrowing, with a significant portion of the budget funded through internally generated revenue (IGR).
Governor Mbah reassured citizens of his administration’s commitment to their welfare, promising continued support through various measures, including palliatives, wage awards, and planned subsidised mass-transit buses.
In conclusion, Governor Mbah extended his New Year wishes to the people of Enugu State and Nigeria, urging them to have faith and support his administration’s efforts towards a prosperous future.
Support InfoStride News' Credible Journalism: Only credible journalism can guarantee a fair, accountable and transparent society, including democracy and government. It involves a lot of efforts and money. We need your support. Click here to Donate