Governor Abdullahi Sule of Nasarawa state has presented the 2024 budget proposal of N199.9 bn to the state House of Assembly for consideration and approval.
The acting speaker of the state Assembly, Rt. Hon. Abel Yakubu Bala while receiving the budget in Lafia Friday assured governor Sule and the people of the state of giving the budget accelerated passage.
The governor said that the budget if passed into law, would complete the ongoing projects and new ones would be initiated for the overall development of the state.
Governor Sule said that his administration would continue to anchored on transparency, accountability and rule of law as well transparency for the overall development of the state.
The governor tagged the 2024 Budget as ” Budget of Renewed commitment” “I am delighted to lay before you a total budget size of N199, 879, 370,709.43 for the 2024 fiscal year
“Recurrent Expenditure- A total of N112, 925,350,954.18 representing 56 % of the total budget is earmarked for recurrent expenditure.
“Capital Expenditure- The sum of N86, 954,019,755.50 representing 44% of the total budget is set aside as capital expenditure for the year 2024.
“The 2023 budget for the various sectors is as follows: Administrative sector: Education- N41.9bn, Health N27.5bn, Environment N5.5bn, local government N6.3bn, Finance N13.1bn, Trade and Investment N3.8bn, Ministry of Science and Technology N1.7bn, Ministry of Works- N22.7bn, Water Resources N4.1bn, Lands and Urban Development N8.6bn, State Assembly N4.3bn and Information, Culture and Tourism N 2.6bn.
Sule assured the assembly and the people of the state of full implementation of the budget, if finally passed into law
Besides, he said that his administration has prioritized infrastructural development in order to improve on the standard of living of the people of the state.
Sule also said that his administration has employed 3500 secondary school teachers for quality education in the state.
He further said that his administration has absorbed casual staff in to permanent and pensionable appointments.
Responding, Rt. Hon Abel Yakubu Bala, the acting speaker of the House appreciated the governor for good presentation of the budget..
He commended governor Sule for his transparency and fiscal financial discipline. “Infrastructural development have also received a boost and to this , we commend you most sincerely,” he said