Yobe state governor, Hon. Mai Mala Buni Wednesday assented to the 2021 Appropriation and Finance Bill into law.
Buni had on 12th November, 2020 presented the 2021 budget to the state House of Assembly for deliberations and passage into law in conformity with Section 121 (1) (2) of the 1999 Constitution of the Federal Republic of Nigeria as amended.
A press statement by the media office of the governor said the appropriation, tagged “Budget of Recovery, Consolidation and Economic Rejuvenation,” was passed with some mild adjustments in recurrent and capital allocations of the initial proposal presented to the House by the governor.
The 2021 appropriation and finance bill has a total sum of N106, 898,499,776.
In line with its oversight function, the House made some adjustments, reduced the allocation for recurrent services and increased that for capital projects.
“The net allocation to finance the recurrent expenditure is now N61, 116,571,767 while the sum of N45, 781,529,218 is earmarked to cater for the capital expenditure,” Buni stated.
The governor, who commended the members for the quick passage of the budget, said his administration will within the scope of its limited resources, work towards ensuring substantial provisions of empowerment programmes for the youth and vulnerable persons in the state to have a more improved lifestyle.
“Government will continue to exploit our comparative advantage in agriculture for employment opportunities and income generation. We would therefore, reinvigorate our efforts in revitalisation of agriculture for economic prosperity and food security.
“Similarly, we would sustain our efforts at revitalization of education with a view to combating illiteracy and improve the production of skilled manpower to meet our needs.”
Speaker the state Assembly, Hon. Ahmed Lawan Mirwa, while speaking said the adjustments in the budget by members were done with a view to allocating funds to areas o priority for optimum result in the year 2021.
