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Governor Muhammadu Inuwa Yahaya |
Inuwa Yahaya, the governor of Gombe State, gave the state House of Assembly a N173.69 billion budget proposal on Thursday.
Budget of Further Consolidation is the proposal's tagline.
Mr. Yahaya stated during the budget presentation that his administration intended to continue serving the Gombe population after 2023.
The governor claimed that the N173,697, 242 billion budget plan was presented in order to continue meeting the requirements of Gombe State's residents in terms of development in 2023.
“This is made up of N71.85 billion for recurrent expenditure, which represents 41.4 per cent, and N101.84 billion for capital expenditure, representing 58.6 per cent of the total budgeted sum.”
Mr Yahaya said that the state government in 2023 plans to generate the sum of N100.61 billion as recurrent revenue, and the sum of N74.70 billion as capital receipts.
On the performance of the 2022 budget, Mr Yahaya said the overall budget performance stood at N92.76 billion as at September 30, representing 60 per cent of the total budget.
Responding, the speaker of the house, Abubakar Luggerewo, said the house would ensure “diligent and expeditious legislative scrutiny” and passage of the budget to enable the state government to continue its development policies and programmes.
(NAN)