Governor Ibrahim Gaidam of Yobe State has presented the sum of N91.6 billion as 2019 finance and appropriation bills to the state House of Assembly.
Tagged: “Budged of Consolidation,” the proposed budget witnessed decrease of over N534 million over that of 2018 fiscal year.
Presenting the budget before the House, Alhaji Gaidam said the 2019 budget will focus attention on consolidating the gains so far recorded by completion of all major projects initiated by his administration in addition to revitalization of educational system, increase in access to health services and promotion of agricultural activities for job creation among others.
The governor said out of the amount, the sum of over N49.9 billion, representing 54.5 per cent of the total sum was earmarked for recurrent expenditure, while over N41.6 billion, representing N45.5 per cent was allocated to capital expenditure.
He said social sector got the lion share of over N36.8 billion followed by economic sector, which was allocated the sum of over N30.6 billion, while governance as well as regional sectors came third and fourth with over N17.4 billion and over N4.4 billion respectively.
The governor, who assured that he is poised to leaving a solid foundation for the incoming administration, equally stated that the budget would be financed through over N10 billion treasury opening balance among other sources.
Alhaji Gaidam, who described realistic budget as an instrument for rejuvenation and effective implementation of planned programmes also commended the cordial working relationship existing between the executive and the legislature, adding that the synergy has helped in various reforms that promote due process, transparency and accountability in governance.
Receiving the budget proposal, the Speaker of the state House of
Assembly, Alhaji Adamu Dala Dogo, said the presentation of the budget by the governor marked its first reading, assuring that the House would ensure its quick passage for the benefit of the people of the state.
The 2019 budget would be the last for Gaidam’s administration, whose tenure will end on May 29, 2019.
From Sani Gazas Chinade, Damaturu