Jigawa State governor, Alhaji Mohammed Badaru Abubakar, has presented the sum of N178,576,000,000.00k to the State House of Assembly as 2023 proposed budget estimates.
The governor told the legislature that the 2023 budget is named “Budget Of Consolidation for Sustainable Socioeconomic Development – II”.
Abubakar explained that “this is in consideration of its organic linkage with the 2022 budget, its policy thrust and our commitment to consolidate on our over seven years of sustained progress and development.”
The governor proposed over N89.4 billion capital expenditure, over N56.5 billion as personal cost, and over N25.4 billion as overhead cost and other recurrent expenditure.
“The proposed Personnel Cost of about N56.54 billion covers salaries and allowances of all State MDAs inclusive of SUBEB’ LEA Personnel and Primary Healthcare Agency Personnel in the LGA Management Offices,” Abubakar emphasised.
He maintained that the amount also includes “State Pay As You Go Pensions and Government’s
contribution to the Contributory Pension Scheme.”
Alhaji Abubakar added that “the recurrent to capital expenditure ratio of the proposed budget is almost 50:50 which reflects adherence to our fiscal objective of trying to strike a balance between consumption and investment.”
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