Yobe State Governor, Mai Mala Buni, Wednesday presented an estimated budget of N108, 414, 101, 082 before the State House of Assembly for the 2020 financial year.
The budget which was tagged as budget of continuity and consolidation was said to represent an increase of N16.7 billion or 15.5% over that of the previous year.
Governor Buni, while presenting the budget, explained that of the total proposed budget sum, N58,048,101,082 (53.5%) would cater for recurrent expenditure and N50, 366, 000, 000 (46.5%) would cater for capital expenditure programmes.
The budget he said, would firstly, build on the momentum to revitalize the education sector.
“Secondly, the 2020 Budget, will seek to boost agriculture by encouraging a transition from our traditional subsistent to commercial farming. Our administration is poised to improve food security and provide avenues for wealth creation and youth empowerment.
“Thirdly, we will seek to improve access to qualitative and affordable healthcare for our people by upgrading healthcare infrastructure and making sure that our hospitals, clinics, and health centres have the basic requirements to function efficiently and effectively.
“Fourthly, it will also build and upgrade critical infrastructures such as roads, water supply and sanitation facilities, electricity, among others to accelerate our effort in post-insurgency resettlement, rehabilitation, reconstruction and peace building.
“Lastly, the budget will also focus on tapping from our vast solid mineral and tourism potentials and promoting commercial activities by providing incentives to attract private investments and entrepreneurship”, Buni stated.
According to him, in the 2020 budget works, Transport and Energy got N16.078 billion, Land, Housing and Property Development N8.846 billion, Education N22.853 billion, Agriculture N 4.645 billion, Health N12.658 billion, Water Resources N1.968 billion, Commerce, Industry and Tourism N4.429 billion, Yobe State House of Assembly N2.188 billion, Government House N 3.154 billion, Office of the SSG N 4.331 billion while Office of the Head of Service had N1.611 billion.
Speaker of the Assembly, Ahmed Lawan Mirwa, who received the 2020 finance and appropriation bill, assured the governor of speedy passage of the proposed budget estimate.
Latest posts by Ripples Nigeria (see all)
- Nigerian govt launches treasury portal to ensure ‘greater transparency’ in financial transactions - December 9, 2019
- BREAKING: Buhari replaces Fowler with Muhammad Nami as chairman of FIRS - December 9, 2019
- P&ID: Court dismisses Briton’s bail variation application - December 9, 2019