Gbolahan Salman Sokoto
Sokoto State Governor, Ahmed Aliyu Sokoto, has on Friday presented 2024 budget of over N270 billion to the State House of Assembly for consideration.
Presenting the budget before the house members at the state house of assembly complex, the governor said: “The proposed 2024 budget tagged”Budget of hope and resilience with infrastructural development in the sum of N270,134,091,757:01 Kobo only.
“Of the proposed revenues, statutory allocation coming from the federation account are estimated in the sum of N138,929,550,974:00 naira only. Internally generated revenues are estimated in the sum of N37,085,037,053:63 Kobo only.” This makes the total revenue stands at 176,014,588,027:63 Kobo.
“Our opening balance is 13,310,358,374,60k, capital receipts aids and grants is 14,396,222,781:12k. Capital development funds also stands at 60,379,186,380:00 making a total amount of 74,775,409,168:12 Kobo.
He said the recurrent expenditure accounted for N90,640,286,421:53 Kobo only, adding that the recurrent expenditure was broken down to personnel costs, N46,923,537,990:52 Kobo only, while overhead costs stood at 50,938,232,612:65 Kobo.
“Capital estimates, 172,238,584,960:27 kobo with the total expenditure stands at 270,100,355,563:35 Kobo.
The governor sought the cooperation of the house in doing a good and thorough job on the budget and ensure speedy passage to enable its implementation by January 2024.
He explained that the budget this year is a reflection of the views of the masses across the state with the point based on his administration of nine point agenda.
The further breakdown of the budget also confirmed that Education gets the highest votes in the budget with allocation of 42,868,402,566:5 kobo. This is followed by Health sector with 31,014,441, 399:19 kobo.
Agriculture sector also get 10,252,388,581:62 Kobo, which includes procurement of assorted grains to the people of the state as well as procurement of fertilizer and farms input, with the ministry of works and transportation gets sum of 18,807,208,595:17 Kobo.
The government also allocated sum of 9,907,759,878:33 Kobo for ministry of religious affairs while water resources gets 9,243,892,234:54 Kobo respectively.
He said his administration has also made adequate provisions in the budget for humanitarian services, poverty reduction, woman and youths empowerment programme among others.
He commend the development partners and the civil servants for their inputs in the preparation of 2024 budget as well as the subsequent implementation of the policies and programs in the coming year.
Speaking in his remarks, the speaker of the state house of assembly, Rt. Honourable Tukur Bala, assured the governor that the assembly will get to work on the budget in order to encourage the governor to achieve his nine point agenda
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