Speaker of Nasarawa State House of Assembly, Alhaji Ibrahim Balarabe-Abdullahi, has announced the passage of the state’s 2018 appropriation bill of N125.4 billion.
The motion for the adoption and passage of the bill was moved by the majority leader, Alhaji Tanko Tunga (APC-Awe North). Balarabe disclosed that the budget had been increased by N2.6 billion.
Balarabe also said The legislators increased the budget from the N122.8 billion proposal submitted by Gov. Umaru Al-Makura to N125.4 billion. stating that “The upward review was to take care of some vital areas of the 2018 budget to enable the state government provides the much-needed dividend of democracy to the electorates’’.
He added “The total amount approved is N125.4 billion comprising N45.96 billion recurrent expenditure and N72.8 billion capital expenditure for the 2018 fiscal year. “This is to enable the executive initiate projects and policies that have direct bearing on the lives of the people of the state,”
Balarabe-Abdullahi urged the executive to ensure proper implementation of the budget and prompt release of funds to various ministries and agencies for speedy development of the state. He also directed the clerk to produce a clean copy of the bill for the governor’s assent.
While speaking on the overall performance of 2017 budget, which was about 52 percent for recurrent and 62 percent for capital expenditure, the Speaker urged the state government to intensify efforts to boost Internally Generated Revenue (IGR) to increase its revenue base.