31.9 C
Abuja
Thursday, December 26, 2024

Gov Bala Mohammed presents N202bn budget for 2023

Must read

Governor Bala Mohammed has presented a N202 billion budget to the Bauchi State House of Assembly.

Tagged “Budget of Accomplishment and Renewed Commitment,” Governor Bala Mohammed explained that N114 billion is earmarked for capital expenditure while recurrent expenditure has N87 billion.

He expressed the determination of his administration to complete all ongoing projects across the state before the expiration of his first term in May 2023, saying that the budget has increased by 2.6 per cent over last year’s budget.

According to the governor: “The budget placed more emphasis on the completion of infrastructural projects, as new ones will only be considered where it becomes necessary.”

He noted that despite economic challenges, the previous budget has recorded more than 60 per cent in performance, adding that significant achievements have been made in critical sectors of education, health, agriculture and human capital development.

Abubakar Y Suleiman, the Speaker of the Bauchi State House of Assembly, while responding, said that careful and speedy consideration would be given to the budget and subsequent passage into law before the end of the year to ensure that the implementation will begin at the beginning of the year 2023.

- Advertisement -spot_img

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Latest article