Connect with us


Yobe State Governor, Buni Presents Over N106.9 Billion As 2021 Budget Estimate



Yobe State Government has planned to expend the sum of N106, 998, 499, 776 billion for the 2021 fiscal year.

Download & Install The New ANE Android App To Your Device
Hello!! Have you heard about the deadly virus called Coronavirus? No? See What It Is & How To Prevent It Here. Also Stay Connected & Get Latest Updates On Coronavirus Here. Please be safe! We LOVE You.

Governor Mai Mala Buni disclosed this on Thursday while presenting the 2021 proposed budget before the State House of Assembly.

Tagged, “Budget of Recovery, Consolidation and Economic Rejuvenation”, Buni said the 2021 budget estimate is being proposed against the background of achievements made in the 2020 fiscal year.

He noted that the 2021 budget will concentrate on completion of all ongoing projects, thereby creating enabling environment for youth empowerment, accelerate restoration of peace and improvement of livelihood for the entire citizenry.

“For these reasons, we have decided to tag the 2021 budget as a Budget of Recovery, Consolidation and Economic Rejuvenation.

“We, therefore, plan to expend the total sum of N106, 998, 499, 776 billion for the execution of our various projects and programs.

“Out of the amount the sum of N53, 184, 171, 776 billion or 59.5% has been earmarked for recurrent expenditure while the sum of N43, 814, 398, 000 billion or 40.95% to finance capital expenditure”, Buni stated.

According to the governor, the proposed 2021 budget estimate increased with N20, 949, 388, 672 billion or 17.2% over that of the 2020 budget.

While explaining the budget’s key allocations to Ministries, Departments and Agencies,(MDAs) before the House, Buni said Ministry of Works which has the lion share will gulp the sum of N77.8 billion, Transport and Energy N3.5 billion, Housing and Property Development N8 billion, Health N2.1 billion, Basic and Secondary Education N3.6 billion and N4.1 billion is allocated to Agriculture.

Others are Ministry of Commerce, Trade, Industry and Tourism is to have N4.5 billion, Office of the Secretary to the State Government is allocated N4.8 billion, Rural Electrification N1.5 billion while House of Assembly is earmarked N2.2 billion respectively.

“Sectoral allocations contained in the 2021 budget are as follow: Administration N12.4 billion, Economy N23.5 billion, Land and Justice N1.7 billion and Social N25.4 billion”

He disclosed.

Gov. Buni, however, while giving a highlight of the 2020 budget said the actual budget size was over N108.3 billion, but due to the outbreak of COVID-19 pandemic which negatively affected the global economy, it was reviewed to over N86.49 billion.

“The overall performance of the 2020 budget for both recurrent and capital expenditures was over N69.4 billion or 59.11% success.”,

He said.

Buni commended the Assembly for working harmoniously with the executive arm, leading to the numerous achievements in the outgoing fiscal year.

Earlier, the Speaker Yobe State House of Assembly, Ahmed Lawan Mirwa assured the governor of a speedy passage of the proposed 2021 budget.

The 2021 budget estimate is expected to be financed through the projected federal allocations, internally generated revenue as well as other sources.

Get More Stories Like This On: Facebook: @AllNaijaEntertainment, Twitter: @AllNaijaEntertainment
Reach us on WhatsApp via: +2348104471989

Click to comment
Notify of
Inline Feedbacks
View all comments

Don’t Miss!

Join "ANE sabi" clique

Don't miss a thing, get ogbonge ANE latest updates to fuel your conversation daily.

Latest Exchange Rate

Donate To ANE!

Mind buying a coffee to support us here at All Naija Entertainment?. Yes?

Donate Now
Technology11 hours ago

VoIP Number: Everything You Need To Know

Technology1 day ago

5 things to know about TikTok when it comes to brand marketing

Baby Walkers
Lifestyle2 months ago

Buying Guide On Baby Walkers for 2021

Burna Boy
Entertainment3 months ago

2021 Grammy Awards: Burna Boy Promises An Unforgettable Performance Experience

Lionel Messi Barcelona Sevilla Copa Del Rey Semi Final
Sports3 months ago

Copa del Rey: Barcelona conquer Sevilla despite 2-0 down!!

Stories3 months ago

[STORY] PANDORA’S BOX (Episode 06)

Technology4 months ago

Best Time to Sell Your Bitcoin [EASY GUIDE]

Technology4 months ago

Bitcoin Crashes, Loses $10,000 In Value

News4 months ago

30 Million Nigerians Will Be On Drugs By 2050 – NDLEA

Cristiano Ronaldo
Sports4 months ago

Serie A: Ronaldo’s Brace Set Juventus Free From Crotone

News4 months ago

Fulani Herdsmen Deserve Better Treatment From Nigerians – Bauchi Former Gov

Justin Trudeau
News4 months ago

Insecurity: Canada Issue Warning to Citizens Against Traveling to Nigeria

NCDC Chairman Chikwe Ihekweazu
News4 months ago

Nigeria Govt Confirms Discovery Of New Covid-19 Variant, 15 Others

Akwa Ibom Best Hotels ANE Travels
Lifestyle4 months ago

How To Detect Hidden Camera in a Hotel Room!!

Technology4 months ago

WhatsApp To Deactivate Messages For Users Who Reject New Terms!!

Entertainment4 months ago

Afro-Jazz/funk Singer, Nissi’s ‘Move X 2’ Is A Rare Delightful Visual

Kim Kardashian
Entertainment4 months ago

Kim Kardashian Officially Files For Divorce From Kanye West!!

Kanye West
Entertainment4 months ago

Kanye West Thinks Kim Kardashian Is Divorcing Him Because Of Presidential Run

Banky W and Adesua Pregnant
Entertainment4 months ago

Banky W, Adesua Etomi Welcome Baby Boy!!

JImoh Ibrahim
News4 months ago

Jimoh Ibrahim: Court Vacates Order Against Assets Over Alleged N69.4bn Debt

ANE Billboard Hots!

Join "ANE sabi" clique

Don't miss a thing, get ogbonge ANE latest updates to fuel your conversation daily.

Copyright © All Naija Entertainment.