Latest News

Gov Badaru sends N12.1b supplementary budget to State Assembly

Published by

GOVERNOR Muhammed Badaru Abubakar yesterday requested the state’s house of assembly to spend the sum of N12.1 billion received from the federal government not reflected in the 2017 budget.

This was contained in a supplementary budget a letter which was presented and read on the floor of state assembly seeking the approval of the lawmakers to spend the money accrued through sources means.

Speaking to newsmen shortly after the house seating the deputy speaker of the state assembly, Hon Ahmed Maikudi Garba said “as contained in the executive request the money was drawn from ‎the second batch of Paris club refund allocation of the sum of N7.1 billion and N5 billion agricultural loan from Central Bank of Nigeria (CBN) respectively.

According to the letter, the Governor stated that, “the total amount needed to be appropriated is N12.1 billion comprising the amounts received from the two sources of Paris club refund and Central Bank on Nigeria (CBN) loan”, he stated.

“This will be appropriated for the funding of various projects which we intend to implement before the end of the fiscal year, part of it would be appropriated to stabilisation and contingency funds the bulk would also form part of the 2018 opening balance”, he stated.

The governor who gave a breakdown of capital projects to be completed include, constituency projects being executed by the MDAS at the sum of N1,42 billion, commercial agriculture loan-financed projects at the cost of N5 billion, stabilization fund and contingency vote replenishment at N4.28 billion, new road projects at N1 billion, house of assembly projects at N300 million while solar-powered irrigation projects is expected to gulf N100 million respectively.

The speaker Jigawa state house of assembly Alhaji Isa Idris ‎said the request would be given an accelerated hearing so as to enable the state government to execute its intended projects.

Recent Posts

Wigwe: NSIB faults US report, blames company’s poor safety culture

The Nigerian Safety Investigation Bureau (NSIB) has responded to recent concerns regarding the safety of…

2 minutes ago

Lagos govt to introduce monthly, quarterly rent options for residents

In a bid to ease the financial burden on residents, particularly low-income earners, the Lagos…

14 minutes ago

US judge favours Trump’s use of wartime law for deportation

Trump invoked the little-known AEA, which was last used to round up Japanese-American citizens during…

18 minutes ago

Reps call for enforcement of mandatory diphtheria immunisation nationwide

House of Representatives on Wednesday tasked Federal Ministry of Health, Nigerian Centre for Disease Control…

23 minutes ago

Security agencies moving closer to end conflicts in Nigeria — NSCDC boss

“We are confident that with these interventions and a united front, we are moving closer…

23 minutes ago

Ondo: Rescued victims recount ordeal in kidnappers’ den

I was returning home when they stopped us, but my brother ran away before I…

29 minutes ago

Welcome

Install

This website uses cookies.