29th November, 2017
By Yunusa AAbdullah
The Adamawa state Government has Budgeted the sum of One Hundred and Sixty -Two Billion, Seven Hundred and Ninety -Five Million, Nine Hundred and Thirteen Thousand, One Hundred Naira ( 162,795,913,100,:00) for its Recurrent and Capital Expenditure for the financial year 2018.
Governor, Muhammed Umar Jibrilla who presented the appropriation Bill to the State House of Assembly for consideration, explained that the objectives of the Budget is to bring development closer to the door steps of the electorates at the grassroots.
Tagged ""BUDGET OF HOPE AND EMPOWERMENT ""The Governor expressed that the Document was prepared in such a way that development should be extended to all the nooks and cranies of the state in order to touch the lives of the people of Adamawa state for the better.
Governor Muhammed Jibrilla revealed that out of the 162, 795, 913, 100: 00, 78,616, 913, 100 :00 representing Forty - Eight per cent is for the Recurrent expenditure while 84,179,000,000:00. representing Fifty -Two percent is for the Capital Expenditure ,stressing that it is the first in the History of the state Capital Expenditure allocated 52% of the proposed Budget.
He explained that the details of the Budget including sectoral and ministerial allocation will be announced by the Honourable Commissioner Ministry of Finance and Budget.
Governor Muhammed Jibrilla use the forum to thanked members of the state House of Assembly for their support and cooperation being given to his administration in his efforts to improve the well being of the citizens of Adamawa state.
While receiving the 2018 appropriation Bill, The Speaker of the House of Assembly Honourable Kabiru Mijinyawa thanked the Governor for the presentation of 2018 Budget and assured the Governor that the Appropriation Bill will be given the desire attention for the interest of the state.