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Bauchi pegs N202bn budget for 2023

Bauchi State Governor Bala Mohammed has presented a total sum of N202 billion as the 2023 budget proposal on Wednesday before the State House Assembly…

Bauchi State Governor Bala Mohammed has presented a total sum of N202 billion as the 2023 budget proposal on Wednesday before the State House Assembly

The governor explained that the estimate tagged Budget of Accomplishment and Renewed Commitment has a capital expenditure of over N114 billion while N87 billion was earmarked for recurrent expenditure.

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Mohammed said that the budget has increased 2.6 percent over last year’s budget and is determined to complete all ongoing projects across the state before the expiration of his first term in May 2023.

The governor added that the budget placed more emphasis on the completion of infrastructural projects, adding that the new ones would only be considered where it becomes necessary.

Mohammed further disclosed that his administration has made significant achievements in critical sectors of education, health, agriculture and human capital development, adding that despite the dwindling economic challenges, the performance of the previous budget has recorded more than 60 per cent.

Responding, Speaker of the Bauchi State House of Assembly, Rt Hon Abubakar Y Suleiman assured the governor that the house will give the budget a careful and speedy consideration and subsequently pass it into law before the end of the year so the implementation will begin at the beginning of the year 2023.