 The oil state governor, Shea Markinde, has presented 294.5 billion Naira 2020-22 budget proposal to the state House of Assembly, tagged budget of growth and opportunities in the Appropriation Bill. The capital expenditure receives the highest allocation in the budget proposal for the first time since the administration came on board in 2019. A total of 156 billion Naira, representing 52.7 percent, has been allocated to the capital expenditure for the 2022 fiscal year. The recurrent expenditure stands out 138.5 billion Naira, representing 47.3 percent of the total budget estimate. The Naira 2020-22 budget proposal is set out 138.5 billion Naira, representing 47.3 percent of the total budget estimate. The Naira 2020-22 budget proposal is set out 138.5 billion Naira, representing 47.3 percent of the total budget estimate. The Naira 2020-22 budget proposal is set out 138.5 billion Naira, representing 47.3 percent of the total budget estimate. The Naira 2020-22 budget proposal is set out 138.5 billion Naira, representing 47.3 percent of the total budget estimate. Hello. Hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.