Governor Abdullahi Ganduje, on Thursday, presented N196.3bn 2022 appropriation bill tagged “Budget of Consolidation and Prosperity” before the State Assembly for consideration.
While presenting the budget, Governor Ganduje disclosed that N107.8bn was allocated to capital expenditures, representing 55 percent while N88.5bn is allocated for recurrent expenditure.
Given the breakdown of the proposed budget, the governor added that N51.6bn was allocated to Education, N15 bn to health, N2.3 bn to information, N5.7bn to agriculture and N2bn to environment.
Others are N11bn to security, N5.3bn to rural and community, N6.5b to transport and N27bn to general administration.
According to the governor, the budget seeks to further consolidate the state government policies that are being implemented in directing resources and efforts towards stimulating the state economic growth and expansion as well as improving the wellbeing of the citizens.
Explaining further that “the process of formulating the 2022 budget was informed by the compelling need to continue consolidating the fiscal position in safeguarding the allocations on education sector especially girl-education, health, infrastructure, social protection, nutrition issues and security among other core service delivery areas.”
On recurrent revenue, he hinted that “the total recurrent revenue to be collected for the 2022 fiscal year is estimated to the tune of N146,844,501,343.00 which consists of N33,862,079,343.00 as Internally Generated Revenue (IGR) and N68,299,480,000.00 as revenue from the statutory allocation.
Responding, Speaker Hamisu Ibrahim Chidari, said the budget proposal laid was not new to us, assuring that the assembly will swiftly deliberate on the appropriation bill.
He decried the decrease in IGR accrued to the state, noting that all hands must be on deck to increase the state IGR.
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