Governor Sule.
Collins Agwam – Lafia
The Governor of Nasarawa State, Engr Abdullahi Sule, has presented a revised budget of N62.96 billion for the 2020 fiscal year to the state’s House of Assembly for approval.
The Governor while presenting the revised budget on Monday in Lafia, the Nasarawa state capital noted that the revision of the budget was due to the Coranavirus pandemic which affected the economy no small measure.
Ibrahim Balarabe-Abdullahi, Speaker of House, informed his colleagues of the revised budget yesterday during the assembly’s proceedings in Lafia.
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“The revised budget, according to the Speaker, was tagged “the Budget of Inclusive Development.”
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He said that the assembly has expeditiously passed the 2020 Appropriation Amendment Bill of the sum N62.96 billion into first and second reading respectively in furtherance of the state’s legislator’s commitment to ensure the success of Sule’s administration.
“The accelerated passage was due to the importance of the budget to the development of the state as a result of COVID-19 pandemic ravaging the world.
“The recurrent expenditure is N31,943,912,285.00 while the capital expenditure is N26,465,632,374.00 and the consolidated revenue fund charges is N4,558,803,479.00,” he said.
The Speaker said that he has forwarded the revised budget to the House Committee on Finance and Appropriation for its necessary action and to report back to the assembly on July 22, 2020.
