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Gov. Bello Presents N159bn Budget To State Assembly

8 November 2018 National News News


Governor Abubakar Sani Bello of Niger state has presented a budget estimate of over 159 billion Naira for the 2019 Fiscal year.

The Niger state 2019 appropriation bill tagged budget of Sustenance and Continuity is estimated to be N159, 529,728,377.00 .

Presenting the Budget, Governor Abubakar Sani Bello explained that the draft has Recurrent Expenditure Estimates of N63,324,292,994.00 constituting 39.69% with Capital Expenditure of N96, 205,435,383.00 representing 60.31% to complete critical projects that has direct bearing on the rural populace.

He said it will be financed through statutory allocation, value added tax, and internally generated revenue among others.

The Governor who listed some of his administration’s achievements in various sectors to include agricultural development, infrastructural growth and improved security of lives and property, promised to consolidate on them.

The speaker of the state house of Assembly, Alhaji Ahmed Marafa said the determination of the present administration to complete all ongoing projects would improve the living standards of the people.

The speaker gave an assurance that the Lawmakers would give the budget prompt attention.

BY: ABDULKADIR MUSTAPHA/NIGER


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