Gold Emmanuel 2 days ago

Governor Yahaya presents ₦320 billion 2025 Budget to Gombe Assembly

Governor Yahaya presents ₦320 billion 2025 Budget to Gombe Assembly
Gombe State Governor, Muhammad Inuwa Yahaya (Premium Times)

The governor stated that in the 2025 budget, the state plan to generate ₦160.27 billion as recurrent revenue and ₦71.52 billion as capital receipts.

Gov. Inuwa Yahaya of Gombe State has presented a ₦320-billion 2025 Appropriation Bill to the state’s House of Assembly.

The budget is made up of ₦111 billion or 34.7% for recurrent expenditure and ₦209 billion or 65.30% for capital expenditure.

The proposed budget, which is the second in Yahaya’s second tenure is tagged; “Budget of Commitment and Resilience.” He stated that the proposal underscored his administration’s commitment to overcoming challenges and fostering inclusive growth for the collective well-being of the people of the state.

He stated that in the 2025 budget, the state planned to generate ₦160.27 billion as recurrent revenue and ₦71.52 billion as capital receipts. Speaking on the 2024 budget performance, the governor said the overall budget performance stood at ₦179.25 billion as of September 30, representing 49.15%.

The Speaker of the House, Mohammed Luggerrewo, commended the governor for implementing people-oriented programmes in the state. Luggerrewo assured that the proposal would be given speedy and due legislative scrutiny in the interest of the people.


Author: Gold Emmanuel
19 Nov 2024 @ 18:20pm
Comments: 0
Views: 2


Disclaimer: The information contained in this content is for general purpose only and is generated from different sources other than MenBills Colony. Kindly report any fake news or false statement to support@menbills.com.ng

Comments (0)
There are no comments yet.
Comment

Leave A Comment
Please Sign In to be able to post a comment.