Governor Mohammed Badaru Abubakar has presented N260.6 billion as the state and 27 local government councils proposed budget for 2023 fiscal year.
The governor while making his presentation at the Jogawa State House of Assembly told the lawmakers that the state budget estimate amounted to N178, 576,000,000 while that of the 27 local government councils stood at N82.28 billion
According to him, the state proposed to receive the sum of N50,571,000,000 from statutory allocation and other federal transfers, value added tax N28,000,000,000, States taxes and other Internally generated revenues N26,913,460,000 and Local Governments’ Contribution for Primary Education and Primary Healthcare Staff Cost N25,276,000,000.
The other sources he said included N11,400,000,000 2023 opening balance (treasury and dedicated project accounts), Internal and external Grants of N7,796,000,000, Other Capital Receipts and Development Grants N23,719,540,000, Expected External Loan Drawdowns N4,900,000,000.
The governor proposed over N89.4 billion capital expenditure, over N56.5 billion as personal cost, overhead cost and other recurrent expenditure is over N25.4 billion.
“The proposed Personnel Cost of about N56.54 billion covers salaries and allowances of all State MDAs inclusive of SUBEB’ LEA Personnel and Primary Healthcare Agency Personnel in the LGA Management Offices”.
He maintained that “The amount also includes State Pay As You Go Pensions and Government’s contribution to the Contributory Pension Scheme”.
The governor added that “the recurrent to capital expenditure ratio of the proposed budget is almost 50:50 which reflects adherence to the fiscal objective of trying to strike a balance between consumption and investment”.
Summarising the local government councils proposed budget, the governor said the sum of N34.1 billion proposed for the provisions of local government councils contributions for primary education and primary healthcare.
While the sum of N23 9 billion has been proposed for development programmes, N21.1 billion goes to non-salary, recurrent and overhead costs, in which local council’s constituency fund would received over N4 billion.
