Niger assembly approves N230.3bn supplementary budget 

 

The Niger state House of Assembly has on Wednesday considered and passed the state supplementary budget of N230, 300, 000, 000.00 presented by Governor Mohammed Umaru Bago for 2023 fiscal year.

This followed the adoption of the report of its House Standing Committee on Planning and Appropriation on the  Supplementary Appropriation Bill  presented by the House Committee Chairman, Hon. Zubairu Isma’ila.

The Chairman disclosed that the Supplementary Budget was necessitated by the expected additional inflow from UBA N187, 000, 000, 000.00,  federal government infrastructural grant of N42, 000,000,000.00 and NCNI Series 3 bond of N1,300,000,000.00 bringing the total to N230,300,000.000,00.

He explained that “the supplementary budget will enable the government fund critical projects that will stimulate growth and development of the state economy”.

He further explained that the total estimate comprises of N19, 081,650,088.94 recurrent expenditure and N211,218,349,911.06  capital expenditure proposed for year 2023 as supplementary appropriation.

He said that the supplementary budget affected personnel, overhead and the capital expenditures, adding that “All the capital projects are viable and are in line with priority of the state government.”

In his remark the Speaker of the House Rt. Hon. Barr. Abdulmalik Muhammad Sarkin Daji, commended the House Committee on Planning and Appropriation for their diligence, hard work and commitment to ensure the smooth passage of the 2023 supplementary Budget of the State.

UNI Agric Markurdi
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