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Nasarawa Assembly Increases 2021 Budget By N2.8bn

  The Nasarawa State House of Assembly has increased the 2021 appropriation bill by 2.8billion naira making the initial 112.92billion naira presented by Gov. Abdullahi … Continue reading Nasarawa Assembly Increases 2021 Budget By N2.8bn


Photo of Nasarawa Assembly
Nasarawa is a state in north central zone of Nigeria.
Nasarawa is a state in a north-central zone of Nigeria.

 

The Nasarawa State House of Assembly has increased the 2021 appropriation bill by 2.8billion naira making the initial 112.92billion naira presented by Gov. Abdullahi Sule now 115.7 billion naira.

The Speaker of the House, Ibrahim Balarabe Abdulahi revealed the development of when the House deliberated and adopted the 2021 budget report of the House standing committee on Finance and Appropriation during proceedings in Lafia, Tuesday.

The speaker said the increase of the 2021 appropriation bill was due to the introduction of Engineering and Medical schools at the Nasarawa State University, Keffi, insecurity among others.

He appreciated the house members for the deliberations and for adopting the reports of the committee for the overall development of the state.

” It is very salient for the committee to review some allocations due to their importance for example under the Nasarawa State University, the introduction of Engineering and medical school cause the increase of their allocation .

” This and many other factors necessitated the increase ”

” We recommend for approval and passage into law A Bill to Authorize the issuance from the Consolidated Revenue Fund of the state the sum of N115, 722, 814, 343.31k only as the total budget for the year 2021.

” N53, 464,156, 917 only as recurrent expenditure and N55, 240,925,695 only as capital expenditure.

” Similarly, the committee recommends the sum of N7,017,732,031 only as Consolidated Revenue funds Charges, he said.

The speaker slated Monday, December 21st, 2020 for the third reading of the bill.

The Majority Leader of the House, Tanko Tunga moved for the adoption f the committee’s report after deliberations and Luka Iliya Zhekaba, the Deputy Minority Leader seconded the motion after Mohammed Okpoku and David Maiyaki added their voices.

The House unanimously adopted the report.

On Nov. 17, 2020, Gov. Abdullahi Sule of Nasarawa State presented the 2020 budget proposal of N112. 92 billion to the state House of Assembly for consideration and approval.