Edo State Governor Comrade Adams Oshiomhole has presented a 2012 appropriation bill of N148.87 billion, aimed at enhancing quality governance.

Governor Oshiomhole who took time to account for the 2011 budget said his administration has recorded tremendous gains having successfully implemented over 80% of the capital expenditure for the 2011 budget.

He reported that his administration has so far constructed 550 Kilometers of road across 400 communities, reconstructed 76 primary and secondary schools, 61 others are under construction while contracts has been awarded for the reconstruction of another 52 schools.

The Governor highlighted his administrations achievement in the areas of flood and erosion control, health, water, sports, rural electrification among others.

He said the 2012 budget seeks to accelerate completion of ongoing infrastructural projects, as well as extend projects to other communities and critical areas of deficits, maintenance, employment and wealth creation.

The 2012 budget as proposed is N14.98 billion excess of the 2011 budget. Out of the total, N84.9 billion is proposed as capital expenditure, while N63.97 billion is earmarked as recurrent expenditure.

Some residents commended the performance of the 2011 budget and described the 2012 budget proposal as holding great prospects for Edo state.

The Internally Generated Revenue (IGR) for Edo State was N1 billion in excess of the projected 10.68 Billion for 2011 and the state government said it is resolved for even more aggressive IGR drive boost its capacity to fund its operations through the IGR.

Governor Oshiomhole said the budget intends to cover road, flooding and erosion control infrastructures and primary education.