Lalong signs 2022 appropriation bill of N106.8b into law
Plateau State Governor, Simon Bako Lalong, yesterday, signed the 2022 appropriation bill of N106.8 billion earlier passed by the State House of Assembly into law.
While signing the appropriation bill at the Government House, Rayfield Jos, the Governor commended the Speaker, Hon. Yakubu Sanda and members of the House for their doggedness and determination to consider the budget, which was sent to them on October 20 2021.
Lalong said the passage of the bill was another proof of the cordial relationship between the legislative, executive and judicial arms of government in the state.
He assured that the government would fully implement the Budget of Economic Recovery and Consolidation of Inclusive Infrastructure Growth, aimed at consolidating past achievements to improve accelerated socio-political and economic development of the state.
The governor, however, said he was not satisfied with the state’s revenue generating capacity despite the efforts his administration had made, stating that the government had to explore other sources of revenue and consider funding options for projects such as Public Private Partnerships (PPPs) and Build, Operate and Transfer (BOT) models.
Lalong, who assured that the government would focus on completing ongoing projects and initiate new ones, said his administration would place emphasis on prudence and transparency in the deployment of resources.
Commissioner for Budget and Economic Planning, Sylvester Wallangko, who gave details of the budget, said the 2022 Appropriation Bill comprises N70.8 billion for recurrent expenditure, representing 66.31 per cent and N35.9 billion for capital expenditure or 33.69 per cent of the budget.