By Salisu K Ismail
The Jigawa state governor Umar Namadi has presented a sum of over N298 billion before the State House of Assembly as an appropriation bill for the 2024 fiscal year.
Presenting the budget, Friday, during the plenary session of the Jigawa State House of Assembly, governor Namadi stated that the budget has an estimated value of 298.14 billion naira, which is almost 23% higher than the total appropriations in the outgoing 2023 Fiscal Year.
According to him, the budget tagged "Budget For A Greater Jigawa," is in line with the principles of fiscal responsibility.
the sum of 10.72 billion naira has been earmarked for stabilization and contingency funds, which is equivalent to about 4% of the real recurrent revenue estimates.
He said the sum of over 111 billion naira, representing about 37% of the total budget, was earmarked for recurrent expenditures, while the balance of about 175.44 billion naira, representing almost 59%, is allocated to capital investments.
Malam Umar Namadi further explained that the proposed 2024 budget includes provisions for new government agencies to be established from now to the end of the first quarter of 2024.
These agencies include the State ICT & Digital Economy Agency, the State Hisbah, Tsangaya, Resident Identity Management, and the State Anti-corruption Agencies.
He said the proposed allocation to the health and education sectors is about 131.8 billion naira, which is more than two-fifths of the total budget, underscoring the priority they attach to human capital development.
The Governor urged the state Members house of assembly to give the appropriation bills in respect the state and local governments an
expedited hearing.
Namadi assured the Members and people of the state, of their commitment to implement the budget with utmost fiscal discipline, transparency, and
accountability.
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