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Tambuwal presents N202.4bn budget for 2020

Ibrahim Ahmadu by Ibrahim Ahmadu
December 3, 2019
in Breaking News, News
0
Tambuwal: Nigeria belongs to all of us

Tambuwal

Governor Aminu Tambuwal of Sokoto State, on Tuesday, presented N202.4 billion as proposed appropriation for 2020 fiscal year to the House of Assembly for approval.
Tambuwal, while presenting the bill for 2020 proposed expenditure, said the amount included a capital expenditure of N122.8 billion, personnel cost of N32.7 billion and overhead cost of N46.8 billion.
The Governor said the budget, tagged: “Budget of Sustained Socio-economic Development and Inclusiveness,” would focus on completion of projects started in 2019 and execution of new ones.
He said the budget was carefully formulated in tandem with the State Government strong desire and commitment to address the fundamental needs of the people in all parts of the State.
“Therefore, I humbly seek the kind collaboration of the Honourable Members as I briefly and summarily highlight some of the provisions and proposals for the incoming year i.e. 2020,“ he said.
According to him, the sectoral allocation for the year 2020 showed that 24 per cent of the proposed total budget would go to education with N47.8. billion followed by Health with N21.9 billion representing 11 per cent and Agriculture with N12.4 billion representing 6.14 per cent.
“The budget will among others focus on completion of the projects started in the preceeding year and ensure prompt execution of new ones in line with the development policy agenda of the present administration.
“It could be recalled that in the year 2019 budget as passed by the Assembly, the sum of N170,802,771,486.00 was earmarked for both Recurrent and Capital Expenditures.
“Despite the economic predicament in the country which also affected the State in recent times, remarkable achievements have been recorded and, we are prepared and determined to achieve more in the subsequent years, God willing.
“Happily, this year is the beginning of our renewed mandate and it is therefore imperative on our part to consolidate on all major achievements, and to as well strive to provide more on the development and general security and welfare of the good people of Sokoto State.
“As a people with full faith in Allah we will continue to pray for more guidance and protection. In the preceding year, the State had been faced with security challenges as a result of banditry activities in some Local Governments areas.
“Moreover, with the co-operation and understanding of the security agencies, the situation has been brought under control and our people are going on with their normal businesses,“he said.
The Governor said it was a turning point in the history of governance in the state that a legislative arm, constituted by majority members from the opposition party to close ranks to work for the purpose of serving the people and advancing the state.
“Mr. Speaker, Honourable Members, I commend you for this exhibition of statesmanship and patriotism over and above partisan considerations.
“This milestone development holds great promise as we poise to take our State to higher levels of development in all sectors.
“I wish to assure the people of Sokoto State that we have laid a solid foundation in our first tenure for greater socio-economic development through a commitment to policies and programmes that have had relevance to the needs and aspirations of our people,“he added.
Tambuwal further explained that the policy thrust of the budget was to ensure sustainable economic development through substantial investment in critical sectors.
He listed the sectors as: education, agriculture, healthcare delivery, exploration of mineral resources, investment in renewable energy and infrastructure.
“We will prioritize effective resources management and seek intervention in areas with high potentials to create job opportunities, generate income and improve revenue generation,“ he said.
The Speaker, Alhaji Aminu Achida assured the governor of the lawmakers’ commitment to ensure speedy passage of the bill to maintain the frequency of development in the state.

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