Niger: Gov Bago presents N613 billion budget for 2024
Governor Umaru Bago presented a budget of N613.274 billion for 2024 to the House of Assembly on Tuesday. He tagged it ‘Budget of the Future’.
The governor said the budget had a recurrent expenditure component of N149.2 billion or 24.33 per cent and capital expenditure of N464.05 billion, representing 75.67 per cent of the total package.
He said it would be financed through recurrent revenue of N298.052 billion, N155.963 billion of which would come from statutory allocation.
Other revenue sources, he added, are value-added tax of N50.6 billion, internally-generated revenue of N61.8 billion, excess crude oil and other revenues of N9.5 billion.
He said infrastructure, housing and urban renewal would get the highest estimate of N220.649 billion on sectoral allocation, representing 42 per cent of the capital allocation.
The speaker of the Niger House of Assembly, Abdulmalik Sarkin-Daji (APC-Mariga), said budgeting was to speed up planning and accountability.
He assured that the assembly would ensure speedy passage of the budget.
He appealed to ministries, departments, and government agencies to cooperate with the assembly during the budget screening.
Mr Sarkin-Daji commended the state and the Federal Government for abating insecurity in the state.
He appealed to the federal government to reconstruct federal roads in Niger in deplorable conditions.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Rights
Corps member mobilises Sokoto students on SDGs, Vision 2030
A National Youth Service Corps member, Nana-Hauwa’u Abdullahi, on Thursday mobilised Command Secondary School students on SDGs achievements in Sokoto.
Politics
Kaduna: APC urged to sustain unity across senatorial districts
Sunday Katung, APC’s senatorial candidate in Southern Kaduna, urged stronger political cooperation between Southern and Northern Kaduna to sustain unity.
States
Ibadan: Police apprehend five for armed robbery
“The operation also led to the recovery of one locally made pistol and seven live cartridges,” said the police.
NationWide
Nigerian billionaire’s jet among 87 luxury aircraft emitting 777 tonnes of CO2 flying to climate conference
According to Oxfam, 87 private jets, including the Nigerian’s, have landed in Antalya so far, emitting 777 tonnes of CO₂.
Politics
Court orders INEC to return Adebutu as Ogun PDP governorship candidate
The judgement, delivered on Friday by Justice Peter Lifu, said INEC had no right to remove any candidate sponsored by a political party without a court order.
States
Gov Otu dissolves task force, orders compensation for demolished properties
Governor Bassey Otu dissolved the State Planning and Development Control Task Force after its members demolished a building.
