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Friday, 30 November 2018

Yobe budgets N91.6bn for 2019

Damaturu—Governor Ibrahim Gaidam of Yobe State, yesterday, announ-ced N91,647,597,000 as budget for 2019, which he presented before the state House of Assembly, tagging it Budget of Consolidation.

Naira
Naira
He said: “In this budget, we intend to consolidate the gains recorded so far by completing all the major legacy projects being executed by our administra-tion before handing over to the incoming APC administration in the state.

“We intend to hand over to the incoming administra-tion a government that is free from any debt and without any uncompleted capital project, and that has a robust civil service to plan and implement any project.”
Gaidam said Yobe State government projected N49,968,967,000 or 54.5 percent for recurrent expenditure and N41,678,630,600 or 45.5 percent as capital spending.
The governor said: “The 2019 budget is slightly below that of 2018. It is N534,739,000 or 0.6 percent less than 2018’s.”
He said the economic sector had been allocated N30,635,430,000, governance sector N17,473, 893, 500, regional sector (covering water supply, environment and housing) N4,431,968,000, law and justice N2,298,887,000 and social sector N36,807,418,500.
The governor revealed that education had been allocated N22,497,645,000 under the social sector.
“We will continue to take steps to revitalise education for the progress of our state depends on it,” he said.

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