Connect with us


Gov Mohammed presents 2024 appropriation bill of N300bn to Bauchi Assembly



The Bauchi State Governor, Bala Mohammed, on Friday, presented the 2024 budget proposal of N300 billion to the state House of Assembly for approval.

Mohammed, who tagged the appropriation bill “Budget of Consolidation and Renewal of Focus,” assured the lawmakers of its full implementation.

He said the sum of N178.8 billion has been earmarked as capital expenditure and N121.3 billion for recurrent spending in the budget.

Mohammed said the budget was 48.2 percent higher than the 2023 budget.

He pointed out that the increase was due to increased revenue from the subsidy removal and the upward inflationary trend associated with the depreciating local currency.

READ ALSO: INSECURITY: Bauchi to recruit 20,000 youths to compliment police, others

The governor said: “A total sum of N121.3 billion is earmarked for the Recurrent Expenditure with personnel cost of N48.2 billion, overhead cost of N73.1 billion.

“It is projected that the state would realise capital receipt in the sum of N89.6 billion from internal and external loans of N50.9 billion, aid and grant of N24.18 billion, and other capital receipts of N14.6 billion,” he said.

“Capital expenditure has been proposed in the sum of N178.8 billion in the following areas – N19 billion for the administrative sector, the economic sector would take N74.9 billion, law and justice sector would take N2 billion.

“Regional sector takes N17.2 billion, social sector which involves health and education has N65.7 billion.”

Join the conversation


Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now