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Nasarawa Requests Approval for N156.6 Billion Supplementary Budget

info@dailymailngr.com by info@dailymailngr.com
November 5, 2024
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The Governor of Nasarawa State Abdullahi Sule, submitted a Supplementary Appropriation Bill totaling N156.6 billion for the 2024 fiscal year to the State House of Assembly.

This additional budget request is aimed at enhancing the state’s infrastructure and delivering essential services to its residents.

During Tuesday’s session in Lafia, the Speaker of the House, Danladi Jatau, introduced the bill, highlighting its purpose in advancing “the dividends of democracy to the people of the state.”

Jatau read the bill title: “A Bill for a Law to Issue Out of the Consolidated Revenue Fund of the State, the Sum of One Hundred and Fifty-Six Billion, Six Hundred and Eighty-Seven Million, Four Hundred Seventy-Nine Thousand, Three Hundred and Eighty Naira, Ninety-Four Kobo (#156,687,479,388.94) only (Supplementary/Amended Appropriation Bill, 2024) for the Services of Nasarawa State Government. First reading.”

The Majority Leader, Suleiman Azara, moved for the bill to pass the first reading, a motion seconded by Deputy Minority Leader Onarigu Kana.

In his letter to the Assembly, Governor Sule emphasized the state’s need for a realistic and actionable budget to address evolving economic challenges, citing “improved inflow both from the Federation Accounts and Capital Receipts” as a positive factor.

He also referenced the NG-CARES Program, which has provided additional funding throughout the year.

“To update accounting records and incorporate our administration’s new infrastructure goals, a Supplementary Budget for 2024 is essential to address upcoming projects and policies,” Sule stated.

He stressed the administration’s commitment to completing ongoing projects and introducing new ones with direct benefits for the people.

The Governor’s proposal would amend the initial 2024 budget of N199.8 billion, increasing it to a combined total of N356.6 billion for the fiscal year.

Governor Sule initially presented the 2024 Appropriation Bill of N199.8 billion to the Assembly for approval in December 2023, marking a commitment to the state’s fiscal plans for the year.

Tags: Abdullahi SuleN156.6 billion BudgetNassarawa State
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