Ortom presents N179.8 billion 2023 budget to Benue Assembly
Benue’s Governor Samuel Ortom presented a N179.8 billion budget proposal for 2023 to the House of Assembly on Tuesday in Makurdi.
Tagged “Budget of Consolidation and Transition,” Mr Ortom said N106 billion of the budget would go to recurrent spending, while N73 billion would go to capital expenditure.
He said N48 billion would go to personnel costs, while N57 billion was earmarked for “sub heads”.
The governor told the lawmakers that N71.4 billion or 39.7 per cent of the budget was expected from the federal government’s statutory revenue allocation.
He added that N30.6 billion or 16.7 per cent was expected from independent sources.
Mr Ortom said another N78.3 billion or 43.6 per cent of the revenue would come from aid, grants and loans.
Responding, Speaker of the House, Titus Uba, commended governor Ortom for the timely presentation of the 2023 budget proposal.
Mr Uba assured the governor that the budget would be speedily processed and given urgent passage.
He charged all ministries, departments and agencies to cooperate maximally with the various committees of the house when invited for their budget defence.
(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
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.”
States
Printer, 26, bags three years’ imprisonment for fraud
The Benin Division of the Edo High Court, on Thursday, sentenced a 26-year-old printer, Ufumen Victor, to three years in prison for fraud.
![Nigerian Policewomen used to illustrate the story. CREDIT: Twitter]](https://gazettengr.com/wp-content/uploads/Nigerian-Policewomen.jpg)
Rights
Land Grab: Edo widow alleges conversion of her land to burial ground
A 60-year-old widow, Esther Aimhekagbon, has accused a man, Uzama Osaretin-Alexander, of converting her land into a burial ground.
NationWide
FRSC seeks NIS collaboration to reduce road crashes
FRSC advises NIS officers to abide by the traffic rules, stating that “being an officer does not pronounce professionalism behind the wheel.”
Abuja
Suleja Jailbreak: FG mulls building new prisons with modern security features
“This could have been avoided if the right information was disseminated at the appropriate time on the structure,” said the interior minister.
Agriculture
Lagos govt urges farmers to maximise opportunities in cassava value chain
The Commissioner for Agriculture, Abisola Olusanya, said this at the fifth AgriQuest Africa Network (AQAN) Forum programme in Lagos on Thursday.
NationWide
Nigeria positioned to power clean energy future of world: Tinubu
Mr Tinubu expressed his firm commitment to improve the developmental partnership between the European Union and Nigeria.
