Yobe state Governor, Mai Mala Buni, today signed the N163 Billion budget for 2022 fiscal year into law.
He said the 2022 budget christened “Budget of continuity, Empowerment and accelerated development” would ensure “completion of all ongoing projects, initiate new ones, create employment opportunities and promote self-reliance.
” It would also concentrate on provision of basic infrastructure for speedy development. We would maintain our drive on revitalization of education and agriculture, explore more wealth creation and revenue generation opportunities to achieve our set goals” Governor Buni assured.
The governor commended the state assembly for timely passage of the budget saying, “this exhibits the cordial working relationship between the two arms of government and our collective commitment to move the state forward. We will continue to strengthen this synergy for the benefit of the state and our people.”
Buni said the assembly was diligent in its oversight functions “We submitted a total sum of One Hundred and Sixty-Four Billion, Fifty-Four Million, Three Hundred and Eighty-Four Thousand Naira (N164,054,384,000) to the state House of Assembly as our budget for the 2022 fiscal year.
“In line with its oversight function, the Honourable House made some adjustments thereby decreasing the total budget size to One Hundred and Sixty-three Billion, Nine Hundred and Fifty-three Million, Three Hundred and Eighty-four Thousand Naira (163,953,384,000).
“The net allocation to finance the recurrent expenditure is now Ninety Billion, Two Hundred and Ninety-six Million, Two Hundred and Forty-three Thousand Naira (N90,296,243,000), while the sum of Seventy-three Billion, Six Hundred and Fifty-seven Million, One Hundred and Forty-One Thousand Naira (N73,657,141,000) is earmarked to cater for capital expenditure” he said.
The governor reiterated his appreciation to the good people of the State for supporting the.policies and programmes of government.
“We have created the right atmosphere for the sustenance of our policy on transparency, accountability, due process and financial discipline.
“The implementation of the 2022 budget would be guided by these values to promote budget discipline and implementation to meet our set goals” the governor said.
“I wish to congratulate us all for the two consecutive years of record-breaking rating of the state by “BudgIT” the independent Budget monitoring and implementation organization.
“Yobe state was rated as second best state Capital Budget expenditure after Kaduna state which promoted service delivery in education, healthcare delivery, trade and commerce, roads construction and housing among others.
“I dedicate this achievement to the good people of Yobe state and assure you of our commitment to build on this feat to provide more dividends of democracy to our people” Governor Buni said.
He also commended the people of the state for their generous contributions to the Yobe State Education Revitalization Appeal Fund.
“This clearly indicates that we are on the same page and share the same vision, mission and philosophy to develop education in the state” he stated.
