Bauchi State Governor Bala Mohammed has presented the sum of N300,219,705,820 as the 2024 estimated budget to the Assembly Thursday for scrutiny and passage.

Mohammed said that he tagged the document as budget of “Budget Of Consolidation and Renewed Focus”, comprises of recurrent expenditure of N121,341,193,343.11 (40.4%) while capital expenditure received the sum of N178,878,512,477.49 (59.6%).

​The State’s 2024 proposed budget is 48.2% higher than the 2023 budget. Mohammed attributed this to the increased revenue arising from the subsidy removal and the upward inflationary trends associated with the depreciating state of the local currency.

“This implies an increase in prices upon which our projects and programmes will be implemented. The adoption of this conservative approach is to ensure that projects and programmes captured are appropriately budgeted,” he said.

​​Mohammed sought for the continuous support and cooperation of the lawmakers towards the development of the State and in improving the lives of its citizens. “As we get to settle into our responsibility of governance coming into the second term, I want to use this opportunity to urge our citizens to embrace our development objectives of making our State a better place for all of us.

“We will continue to work to ensure that the prevailing peace, security and protection of lives and properties of citizens is guaranteed. Our absolute trust is, indeed, in the Almighty Allah in Whom we truly believe. I wish to appreciate your rapt attention to the presentation of the 2024 Budget proposals.

“I wish to appeal to the Honourable House to expedite action towards passing the Budget into law to enable Government implement the programmes and projects that will have significant impact on our people.”
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