Jigawa: Gov Badaru presents over N177bn price range estimate for 2022

Jigawa: Gov Badaru presents over N177bn price range estimate for 2022

Governor Muhammad Badaru Abubakar of Jigawa State has introduced the sum of N177.795,588 appropriation invoice to the state Home of Meeting for the 2022 fiscal yr.

The Governor stated the invoice, tagged as “Budget of Consolidation for Sustainable Socioeconomic Development”, which succeeded the 2021 Finances of Sustained Financial Development and Social Transformation, is aimed toward contributing to our “Next Level Agenda” initiatives.

He stated the price range surpassed the 2021 authentic price range by about 13.5% or about N21.2 billion.

In line with him the sum of N83,118,588,000 was earmarked for recurrent expenditure whereas capital investments amounted to the sum of N91.142 billion whereas Contingency and Stabilization Funds obtained the sum of N3.533 billion.

The Governor defined that nearly N85.88 billion goes to the 2 key Human Growth Sectors of Training and Well being Sectors thus accounting for over 48% of the whole proposed price range.

“Education Sector as a whole is allocated almost N57.18 billion representing about 32% of the total budget which exceeds UNESCO’s Education for All prescription of 26% allocation to Education while the Health Sector is earmarked N28.7 billion equivalent to slightly over 16% of the total proposed budget that also surpassed the 15% prescription of the Abuja Declaration,” he acknowledged.

The Governor additionally acknowledged that the whole projected incomes for the funding of the fiscal plans of the 27 Native Governments amounted to about N73.73 billion together with envisaged receipts from Federal and State Transfers, Native Internally Generated Income and Capital Receipts.

“Personnel Cost (including Local Government contribution to LEA and PHC Staff Cost at N34.5 billion, Overheads and Other Recurrent Expenditure including some of the Recurrent Deductions at N13.00 billion and Capital Development Projects and Program amounted at N22.18 billion and N4.05 billion Contingency Provision”

The Speaker of Jigawa State Home of Meeting, Rt. Idris Garba Jahun, assured that legislators will cross the price range into legislation inside stipulated.

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