Home Business Sokoto govt budgets N112.5bn for 2015

Sokoto govt budgets N112.5bn for 2015


SOKOTO – The Sokoto State Governmen has proposed a budget of over N 112.5 billion for the 2015 fiscal year as against the over N125.9 biliion budgeted for the outgoing 2014.
The News Agency of Nigeria ( NAN) reports that the budget proposal was presented to the state House of Assembly in Sokoto on Wednesday.
NAN also reports that the special session of the legislature to receive the proposal was presided by the Deputy Speaker, Alhaji Abubakar Tureta, onbehalf of the Speaker, Alhaji Lawallli Zayyana.
The state Governor, Aliyu Wamakko, said the decrease of about 10.59 per cent of the 2015 proposed budget when compared to that of the outging year was as a result of dwindling recources from the federation account.
He said that the proposed budget, tagged “Budget of Accomplishment’’, would focus more on the completion of ongoing projects, as well as ensuring smooth transition to the next administration in the state.
The governor said N61.7 bilion and N50.5 billlion were for capital and recurrent expenditures respectively.
Wamakko restated the state government’s commitment to continue to provide the needed social infrastructure to the generality of the people of the state.
He extolled the existing cordial relationship between the state government and the judicial, as well as the legislative arms of government.
The governor also acnowledged the sustained fatherly support and guidance of the Sultan of Sokoto, Alhaji Sa’ad Abubakar III and the generaity of the pple of the state to his administration.
Responding, Tureta promised a speedy passage of the budget proposal to sustain the laudable programmes and polcies of the state government. (NAN)

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