Shettima presents N125.83b budget, Lalong N148b
Governor Kashim Shettima of Borno State has presented a budget of N125.83 billion to the House of Assembly for 2019, while his Plateau State counterpart, Simon Lalong, presented N148 billion in his ‘Budget of Rescue and Infrastructural Growth’ to the state assembly.
Shettima’s ‘Budget of Consolidation’ will be financed from internally generated revenue (IGR) of N17.5 billion, federation allocation of N86.78 billion and capital receipts of N21.57 billion.”
Presenting the appropriation bill yesterday in Maiduguri, Shettima said that the education sector took the lion’s share of N22.4 billion for the completion of various projects in schools.
According to him, capital projects were allocated N62 billion, while recurrent expenditure took N63.83 billion.Meanwhile, while presenting his budget, Lalong said: “You would recall that on December 22, 2017, I presented to this honourable house a ‘Budget of Rescue and Consolidation’.
The underlining principle of the budget was to consolidate on the gains and achievements of this administration since the beginning of our Rescue Mission in May 2015.
“The budget was also aimed at completing the ongoing projects, as our first tenure is gradually coming to an end.”
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