The Governor of Borno State, Prof. Babagana Zulum, on Wednesday, presented a budget of N208.7 billion for the year 2021 to the state House of Assembly for approval.
Prof. Zulum, while speaking during the presentation in Maiduguri, said that the budget, tagged “The People Budget, Recovery and Reconciliation,” is about 15.2 percent (N62.04 billion) higher than the 2020 figure.
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Zulum explained that the Ministry of Reconstruction Rehabilitation and Resettlement has the highest allocation with N15.84billion, while the Ministry of health has the second highest allocation of N10 billion.
He explained that the capital expenditure got a higher allocation of N135 billion while recurrent expenditure stands at N72 billion.
He added that the proposed 2021 fiscal bill will be funded by federation allocation, development partners, donor agencies and internally generated revenue.
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