Nasarawa targets over #115BN for 2021 budget, recorded 123.48% performance in 2020
Nasarawa State Governor, Sule
From Francis Nansak, Lafia
The Nasarawa state government has said it would ensure strict implementation of the programmes and project outlined in her 2021 budget.
The Commissioner of Finance,Budget and Planning,Haruna Adamu Agbole made this known to newsmen during the 2021 budget analyses in his office in Lafia the Nasarawa state capital on Thursday.
In the breakdown of the budget,the commissioner highlighted that the 2020 budget ,though hampered by the COVID-19 pandemic,the state was able to carry out programmes and executed projects.
He said” inspite of the negative trend of the economy,we were committed to ensure total development of our state,hence the provisions of basic infrastructure that have direct bearing to the lives of our people.
” Some major roads construction are ongoing such as Maraba Udege,Sisimbaki-Farin Ruwa,Bus terminals in Lafia and Kari and other feeder roads within the state” He said.
According to him, the administration of Engineer Abdullahi Sule’ the governor of Nasarawa state has considered the completion of all viable projects started by the previous administration,such as the Lafia Airport, Lafia-keffi road,Adudu-Azara-Wuse-plateau border road amongst others.
Appraising the 2020 budget,he stated that it was imperative to note that in the process of implementing the 2020 appropriation law ,the world witnessed the sudden upsurge with the macroeconomic environment being significantly disrupted by the Coronavirus pandemic.
” Based on these realities it became necessary for the governor to present another appropriation bill to the state assembly within mid year,which was in line COVID-19 responsive expenditure.
The Commissioner however stated that the 2021 appropriation bill of over #112 billion was presented to the state assembly,but that after a thorough delibrations on the budget ,a total of over #115billion was signed into law,an increased of 2.48% from the proposed plan.
He added that the budget as appropriated will be funded from anticipated revenue sources,as the Federation Account, internally generated revenue,Aids and Grants, Deficit Financing,basically from CARES, Local loans,NEWMAP and ANRIN projects
The expenditure estimated for the year 2021 to stand at over #53billion,earmarked for Non-debt that consisted of both personnels and overhead cost, while the capital expenditure will glup over #54billion and consolidated revenue fund charges, a total of over #7billion has been allocated for debt servicing,pension and gratuity,representing 6.21% in the total budget.
