Niger Assembly passes N164.5 billion budget

Niger House of Assembly yesterday passed the 2019 appropriation bill of over N164.5 billion.
The figure showed an increase of over N4 billion from the over N159.5 billion presented by Gov. Abubakar Bello on November 6.
The passing of the bill followed the presentation of a report of the House standing Committee on Appropriation and Planning.
The budget set aside over N65.4 billion for recurrent expenditure while capital expenditure would gulp N99 billion.
The assembly set aside N65.413 billion for recurrent expenditure as against N63.324 billion and N99.037 billion for capital expenditure as against N96.205 billion presented by the executive.
Presenting the report, Muhammad Lokogoma, chairman of the committee, said the House interfaced with various Ministries, Department and Agencies (MDAs) while scrutinizing the budget.
Lokogoma said adjustments were made in some areas considered critical with believe of sourcing for more revenues to finance them.
“Speaker, Hon.members, as much as it is the desire of the committee to accommodate increment recommended by various standing committees of this assembly, we were constrained by inadequate funds to entertain such increment.
“However, adjustments were made in some areas that are considered critical with the believe of sourcing for more revenues to finance them,” he added
He said the committee observed that there were late and inadequate release of state counterpart funds to development partners and that has affected the state’s growth.

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