Gov. Abdulaziz Yari
Gov. Abdulaziz Yari

Yari proposes N130.7bn budget for 2018

Gusau –  The Zamfara State governor, Alhaji Abdul’Aziz Yari on Monday presented the 2018 budget proposal of N130.7 billion to the state House of Assembly for deliberation.

The News Agency of Nigeria (NAN) reports that the proposed budget has an increase of N23b over the 2017 budget.

Presenting the budget Yari said out of the proposed amount, N46.4 billion which represents 35.5 per cent was for recurrent expenditure while N84.3 billion which represents 64.5 per cent was for Capital expenditure.

“By the end of August, the 2017 Budget performance in both revenue and expenditure stood at 57.39 per cent and this indicates that the sum of over N66.2 billion was expended from January to August, 2017.

“Within the same period under review, the recurrent expenditure to the tune of over N34.8 billion was carried out, while the capital expenditure to the tune of over N30.6 billion was also carried out,” he said.

Yari said the economic sector which consists of agriculture, livestock, forestry, manufacturing, power-supply, transport, commerce, cooperatives and finance received N33.4 billion with transport having the highest sum of N20.8 billion.

“While the social sector which included education, health, information, youth and social welfare got N21.34 billion, education receive the highest allocation of N13.32 billion followed by health with N5.1 billion.

The governor added that the environment Sector was allocated N22.1 billion to carter for water, drainages, housing, town planning and community development with town planning taking the highest allocation of N15.8 billion.

“Let me clarify that in the course of implementation of the 2018 budget, we expect refund of the monies expended by Zamfara State Government for reconstruction of Federal Roads across the state, spanning over 610 kilometres. The road projects cost the State Government a total sum of N56.97 billion,”he said.

In his remarks, the Speaker of the state assembly, Alhaji Sanusi Rikiji assured the executive arm of government of speedy passage of the bill for the proposed budget.

Rikiji said that the state assembly would continue to cooperate with the executive arm of government for the development of the state. (NAN)

MTN News Alert
DMON
To receive our mobile newspaper on MTN delivered on your phone, text SAWD to 4900 at N50 per week or SAMD to 4900 at N150 per month.
For information on press releases, photos, promotional events and adverts, call or send text to 08173460599 or 08094208271or send email to: info@sundiatapost.com

Leave a Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Sundiata Post Media Ltd.

Address: 3rd Floor Office Suite, Bayelsa State Guest House, Plot 1038, Shehu Shagari Way, Maitama, Abuja, Nigeria.
Tel: +234(0)92900705, +234(0)8173460599
Whatsapp: +234(0)8053069436
BBM PIN: 5619150D
Email: info@sundiatapost.com
Website: www.sundiatapost.com

Enugu Regional Office: SW 1 New Haven Shopping Mall, Enugu, Enugu State, Nigeria.
Tel: +234(0)7062582838
https://twitter.com/sundiatapost/

London Office: 18 Belgrave Avenue, Wd18 7UE, Watford, United Kingdom.
Tel: +447417554143
Dubai Office: PAU Management Suite, Level 23 - Boulevard Plaza Tower 2, Emaar Boulevard,
P. O. Box 124342, Dubai, UAE.
Tel: +971 4 4096849 | Fax: +971 4 409 6850
About Us

SundiataPost is published by Sundiata Post Media Limited, Sundiata Post is Nigeria’s most authoritative online newspaper and ranks among the top five online news platforms in Nigeria.

Guild of Corporate online publishers
ACCREDITED MEMBER
A Glance at Our Advert Rate.

Inside Pages

Size In Pixels - Amount

120×180 - N27,967.50

300×100 - N24,695

Text Link - N11,275

More Details info

About Us | Contact Us | Privacy Policy | Terms of Use | Advert Rate