Blog Archive

Thursday

Education tops Sokoto’s N204b Budget proposal

Image result for tambuwal pictures


Governor Aminu Waziri Tambuwal has proposed the sum of N204 billion as the budget estimate for 2017 fiscal year.
Laying the budget before the members of the state House of Assembly he said education got the highest share with the sum of N38.4 billion representing 27.3 percent of the budget allocated to the sector. Ministry of Agriculture got N14.6 billion, making the second highest allocation.
Tambuwal said 69 per cent of the budget termed ‘Taking change to the people’s doorsteps’, was dedicated to capital projects and 31 per cent to recurrent expenditure.
This he explained was to enable the government complete the on-going projects and initiate new ones. The Governor explained the policy thrust of the budget was to ensure sustainable economic development through substantial investment in critical sectors like education, agriculture, healthcare delivery, exploration of mineral resources, investment in renewable energy and infrastructure.
He stated: “We will prioritise effective resource management and seek intervention in areas with high potentials to create job opportunities, generate income and improve revenue generation.”
Tambuwal said though the financial state of affairs in the country was facing huge challenges, the state’s 2017 budget would address key policy issues which include promotion of peaceful coexistence and protection of lives and properties.

“We will work to strengthen capacity building of scheduled ministries to ensure they perform better in their tasks.Of great importance to us is the promotion of partnership with the private sector in areas of strategic importance to our development objective.”
The Governor added: “We will promote value chain through agro-processing and diversification by way of incentivizing farmers and producers, and creating backward and forward linkages between and among institutions, partners and other stakeholders to accelerate economic growth.”
Allocation to other sectors show that Ministry of Works and Transport got N16.2 billion; Ministries of Water Resources and Environment got N10.7 billion, the health sector got N7.7 billion while Ministry of Housing, Lands and Survey got N8.2 billion.
Others include Ministry of Rural and Community Development N5.6 billion, Ministry of Solid Minerals and Natural rResources Development N1.7 billion while the sum of four billion Naira was set aside for Ministry of Commerce, Industries and Tourism.
While urging the lawmakers to do a diligent job in handling the budget document, Tambuwal said his administration, as shown since it came to power,would prioritise meeting the aspirations of the people of the state.
“I want to emphasise the need for us to work as a team so that together we can move our dear state forward,” he added.
Speaker of the Assembly, Alhaji Salihu Maidaji assured the governor of speedy consideration

No comments:

Post a Comment