Gombe Assembly Passes N34.6bn For 2018 LGA Budget

///Gombe Assembly Passes N34.6bn For 2018 LGA Budget

Gombe Assembly Passes N34.6bn For 2018 LGA Budget

Gombe State House of Assembly has passed into Law the 2018 Appropriation Bill of Thirty-four Billion, Six Hundred and Seventy Five Million, Six Hundred and Nine Thousand, Eight Hundred and Fifty five naira Sixty Three Kobo (N34,675,609,855.63) for eleven Local Government Councils in the State as against the N31,550,436,119.00 initially presented to the House.
This followed the adoption of recommendations contained in a report of the House Committee on Appropriation presented on the floor of the House.
Presenting the report, Chairman of the Committee Mr. Solomon Phillip Jissimah said the Committee increased the size of the Budget to adequately carter for some rural roads and other infrastructural projects that were either not funded or under-funded in the initial submission.
He explained that the Estimate comprised of a Capital Expediture of N8,575,868,355.00 and Recurrent Expenditure of N26,099,741,500.63 which will be funded with a total Revenue of N31,912,378,647.41 and a deficit of N2,763,231,208.22.
After exhaustive deliberation the House adopted and approved the budget size and other recommendations of the Committee.
The Speaker Alhaji Nasiru Abubakar Nono commended the committee for timely completion of its assignment and called on the Local Government Councils to be prudent and adhere to the financial regulations while implementing the approved 2018 Budget.

Abubakar Mohammed Umar
C. I. O. House of Assembly Gombe

2018-02-22T06:31:33+00:00 February 20th, 2018|0 Comments

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