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Gov. Fintiri Presents N175b 2023 Budget Proposal To Adamawa Assembly

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Gov. Fintiri Presents N175b 2023 Budget Proposal To Adamawa Assembly

by Present Nigeria
November 25, 2022
in News
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Gov. Fintiri Presents N175b 2023 Budget Proposal To Adamawa Assembly
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Adamawa State Governor, Ahmadu Umaru Fintiri, Friday presented a budget proposal of N175 billion to the State House of Assembly for the 2023 fiscal year.

According to the Governor, the total proposal of N175,019,054,060 comprises a recurrent expenditure proposal of N105,011,432,436 or 60 percent of the total proposal, and a capital expenditure proposal of N70,007,621624 or 40 percent of the total budgetary proposal.

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He announced that education is allocated the biggest share of the capital expenditure proposal because apart from working to sustain numerous ongoing projects in the sector, some new ones, such as establishing three special schools for the gifted, will be accommodated in the proposed budget.

He pledged in his speech that, in line with his tradition of prompt delivery of projects, all ongoing projects will be completed in the time frames allotted to them.

Responding to the governor’s presentation, Speaker of the Adamawa State House of Assembly, Rt Hon Aminu Iya Abbas, expressed confidence that when reviewed and approved, the 2023 budget will be diligently implemented by Fintiri’s cabinet.

He announced that in admiration of Fintiri’s implementation of free education to citizens of the state, the Assembly had started work on a bill to make a law mandating all subsequent governors to implement free and compulsory basic-level education in the state.

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