Benue State Governor Rev. Fr. Hyacinth Alia on Friday assented to the 2024 budget.
The state assembly passed the budget estimate on Thursday.
The budget tagged ‘Budget of Infrastructure, Development, Poverty Alleviation and Job Creation’, has a total sum of 225 billion naira, with 110 billion naira allocated for recurrent expenditure, representing 48.9 per cent of the total sum, while the capital head is 115 billion naira, which represents 51.1% of total budget sum
Signing the budget, Governor Alia said the budget has a deficit financing of N34 billion, representing 15.3 per cent of the total budget sum.
He further said that the 2024 budget marks a significant journey towards the progress and prospects of the state.
The governor added that it is a strategic development plan for a greater Benue that will be implemented with clear and unwavering commitment.
According to the governor, “It is a road map that will chart the course for the economy to flourish and enjoyment of life for the citizenry.
We are determined to enhance accessibility for citizens; it is a beckon of hope for job creation and a resilient economy.
“We intend to stimulate the economy in small and medium businesses and virgin industry, create a conducive environment for economic growth, and address poverty. It is a comprehensive approach to poverty that focuses on the well-being of the people.
“As we embark on the implementation, we must do so by turning the plan into tangible results, as it serves as a catalyst for a brighter tomorrow. Benue State.
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