Taiwo stated this while defending the ministry’s 2021 budget proposal before the state’s House of Assembly Committee on Finance and Appropriation, on Monday in Abeokuta.
Browsing: Budget Proposal
Ugwuanyi said that the 2021 budget estimate was 13 per cent higher than the 2020 revised budget of N169.5billion.
The News Agency of Nigeria reports that the budget, christened “Budget of Recovery and Sustainability,” also has N162 billion proposed for recurrent expenditure.
The News Agency of Nigeria reports that the budget proposal showed a 53.16 per cent increase over the revised 2020 budget.
Presenting the appropriation, christened ‘Budget of Rekindled Hope’, Sanwo-Olu said that it reflected the state’s determination to rise above the challenges that had affected its development indices in the last 10 months.
Manjang made the disclosure on Friday in Jos at a news briefing at the end of an emergency meeting of the State Executive Council.
Obiano, who tagged the appropriation bill “Budget of Economic Recovery and Consolidation,” said that it would help sustain past performance and ensure the state maintain its status as a business hub and investment destination.
Presenting the budget, Bagudu said out of the total amount, N108 billion was for capital projects while N43 billion was for recurrent expenditure.
Most of the Senators who spoke on the budget raised issues with the alleged lackadaisical attitude of heads of Ministries, Departments and Agencies of the Federal Government to budget defence sessions organised by the National Assembly.