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Business News of Friday, 13 November 2020

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Gov. Obiano budgets N1bn for sports in 2021

Gov. Willie Obiano Gov. Willie Obiano

Gov. Willie Obiano of Anambra has earmarked N995 million for capital projects and recurrent expenditure in the sports sector during the 2021 fiscal year as against the 2020 which was N1.165 billion but was later reviewed to N485 million.

A breakdown of the budget shows that Awka Township Stadium will gulp N400 million, while the construction of zonal sports stadia at Otuocha, Ekwulobia and Ogidi takes N100 million.

The breakdown also showed that it will cost N150 million to form the state-owned male and female football clubs from outlay, while the development of community playgrounds and school sports would get N100 million and N60 million respectively.

Other projects and their estimated values are sports equipment, N30 million, National Sports Festival N35 million and Walk for Life N30 million.

It also indicated that N20 million will be spent on capacity building for sports activities, while N20 million goes to grants to sports bodies and associations.

The rest are sports competitions for local governments, schools and town unions N20 million, furniture and equipment N10 million, sports subvention across the state N15 million and Planning Research Statistics N5 million.

The News Agency of Nigeria (NAN) reports that Obiano proposed N143. 65 billion as the state’s budget for the 2021 fiscal year in Anambra.

Speaking on the budget, Tony Oli, Chairman of Anambra Sports Development Commission(ASDC), said one of the projects, Awka Township Stadium, would be delivered before the end of December.

Oli said the pitch, grandstand, tartan tracks and every necessary facilities would be put in place, while next year, expansion works would continue on facilities for others games, including indoor sports.

He said the target was to build zonal games centres in Otuocha, Ekwulobia and Ogidi to take care of the sports facility needs of the people in the areas.

“Awka Township Stadium is in the budget last year and it is there again this year, the appearance this year is for the completion of the project. Work is going on steadily and I am always there to inspect the progress of the project.