By: Catherine Philip Jelani & Yunusa Abdullahi
It could be recall that on
30th November 2015, Governor Mohammad Umaru Jibirilla presented the
proposed Budget for 2016 before the members of the Adamawa State House of Assembly.
However, it is in this regard that the Honourable Commissioner Ministry of
Finance and Budget Alh. Mahmud S. Yunusa organised a Press Briefing in order to
present the Breakdown of the proposed Budget at the Government House Conference
Hall today being the 4th of January 2016.
However, before the proper
breakdown of the proposed Budget, Hon. Mahmud S. Yunusa made it clear that the
concept of National Budget for 2016 is formulated on the National Perspective
Plan of Vision 2020 which is also predicted on the Sustainable Development Goals
Agenda that will enable the rapid socio-economic growth of the country.
He said that the Adamawa
State Government proposed the sum of N120, 126,857,430.00 to finance both its
Recurrent and Capital Development Programme for 2016 fiscal year.
Therefore, the summary of
the proposed budget in terms of Revenue and Expenditure as follows:-
1. State Internal Revenue Efforts; -
2016 Proposed Estimates
N
a.
Internally Generated Revenue 8,183,300,675.00
Sub-Total 8,183,300,675.00
2.
State Share at the Federation Account ;
a. Statutory Allocation 42,149,514,155.00
b. Value Added tax 15,988,709,400.00
c. Exchange Rate Diff 1,000,000,000,00
d. State of Emergency 6,223,420,200.00
e. Ecological Fund 2,500,000,000.00
Sub-Total
67,861,643,755.00
3.
Foreign Loans, Aids and
other External Financing;
a. Capital Receipt 44,081,913,000.00
Sub-Total 44,081,913,000.00
Grand total 120,126,857,430.00
The detailed of the
Budget including Sectoral
and Ministerial allocations which is
20,240,046,610.00 while 19,499,952,200,00 goes for the subverting to Board's and Parastatals.
According to the Finance Commissioner, Government House,
office of the Secretary to the State
Government and consolidated revenue
charges will received
8,464,761,000,00,
.7,791,626,594,00.and
9,612,635,400,.00 respectively, while Ministries of Health,
Finance, Education ,House of Assembly, Internal Affairs and special services is to received 5,619,200,000,.00, .
4,292,063,750,00.,4,776,215,886,00., 4,096,380,620,00.,and 4,583,060,250.00 respectively and Ministry of Information will get the sum of 1,918,848,555,00.
The Finance Commissioner
also announced some fiscal control policy measures in line with the Federal Government
Vision 20, 2020 Policies and the United Nations Sustainable development Goals
(UNSDG), emphasising that government will con tinge to ensure that due process
in projects and programmes are respected and adhered to strictly.
He pointed out that government will also continue to pursue
with vigour the current e-Revenue
programme in the state so as to enhance the Internally
Generated Revenue adding that PAYE and all withholding Taxes will be closely monitored
for maximum results from all MDAS that are shouldered with
statutory responsibilities.
He however said Budget Department
will be fully computerised to comply with International Public Sector
Accounting Standards (IPSAS).
He then thanked Governor
Muhammed Umar Jibrilla for the support and cooperation giving to the Ministry
of Finance and Budget in his efforts to improve the well-being of the citizens
of Adamawa state. However, ministerial allocations too were made.
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