Tambuwal presents N202.4bn budget estimates

Tambuwal presents N202.4bn budget estimates

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Tambuwal presents N202.4bn budget estimates 

From Umar Danladi Ado, Sokoto 

 

Sokoto State Governor Aminu Waziri Tambuwal has presented the 2020 budget of N202, 444, 458, 429.02billion to the State House of Assembly for consideration.

Dubbed ‘Budget of Sustained Socio-Economic Development and Inclusiveness’, the fiscal document sets aside  N122, 829, 552, 208.08 for capital expenditure while recurrent expenditure is broken into personnel and overhead costs of N32, 720, 626, 765.80 and N46, 894, 279, 455.14 respectively.

 

Sectorial allocation of the budget indicates that the education sector, with 24 per cent got the highest with a total of N47, 880, 096, 366.25 followed by health with N21, 979, 918,998.02 representing 11 per cent.

 

Agriculture with 6.14 per cent got the third largest sectorial allocation of N12. 429, 285, 871.07.

 

According to Tambuwal, “the budget will amongst others focus on completion of the projects started in the preceding year and ensure prompt execution of new ones in line with the development policy agenda of the present administration.

 

“This Budget is carefully formulated in tandem with our strong desire and commitment to addressing the fundamental needs of our people in all the urban and rural areas of Sokoto State,” he emphasised.

 

According to him ,the major projects earmarked for the transformation of agriculture are the construction of Irrigation Schemes at Rabah, Kebbe and Silame, while the proposed Dam Project at Wurno will be carried out in partnership with NEWMAP.

 

“We also remind Mr. Speaker and Honourable members of the exploits so far made by this administration in its efforts to improve the socio-economic well-being of the citizenry.”

 

Tambuwal said these include: Public Private Partnership with OCP Africa and COPAG from Morocco in the development of Agriculture, Animal Husbandry, Mining and Energy.

 

The immediate outcome of this effort is the establishment of a Phosphate Fertilizer Plant in Kalambaina the preparations for which have begun in earnest.

 

In the same spirit, our subscription to Private Sector engagement has attracted investment in the economy. A typical example of the dividends of this initiative is the ongoing Dangote Rice Mill Project in Kware.

A similar positive development in this regard, is the ongoing expansion of the BUA Group Cement Company of Northern Nigeria, he added.

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