Connect with us
X
Categories:

General

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

Published

on

Share this post:

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

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
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Benefits of Partnering with a Managed Security Service Provider
Technology2 months ago

Benefits of Partnering with a Managed Security Service Provider

Diya Can't Have Enough G-Wills
Music3 months ago

[Music] Diya – “Can’t Have Enough” Feat G-Wills

Email Newsletter Marketing Online Website
Technology3 months ago

The Vital Role of Email Fraud Detection Software

Roisea: Most Advanced Crypto Trading Platform for Bitcoin
Business3 months ago

The Role of Regulation in Crypto Investment: Navigating Legal Frameworks

Volatility in Commodities and How to Deal with It
Business4 months ago

Volatility in Commodities and How to Deal with It

Expanding Living Space
Lifestyle5 months ago

Expanding Living Space: Prefabricated Workshop Building Kits for Extra Rooms

BeBe Winans
Lyrics6 months ago

BeBe Winans – It All Comes Down to Love [Lyrics]

BeBe Winans
Music6 months ago

[Music] BeBe Winans – It All Comes Down to Love

The Countdown Begins to the Tournament That Has It All
ANE Football Analytical6 months ago

AFCON 2023: A Sporting Spectacle Set to Captivate the World

Litecoin: What Makes It The Crypto Winner?
Technology7 months ago

Runny Inflation Can Drive Cryptocurrency Adoption

Black and White French Bulldog puppies Frenchie Joy
Lifestyle8 months ago

Black and White French Bulldog puppies Frenchie Joy

3 Serious Reasons to Keep Your Teenager Away From Social Media
Lifestyle8 months ago

3 Serious Reasons to Keep Your Teenager Away From Social Media

Boxing vs MMA What Makes Them So Different
Sports8 months ago

Boxing vs MMA: What Makes Them So Different

Roisea: Most Advanced Crypto Trading Platform for Bitcoin
Technology8 months ago

NFTs and Intellectual Property Rights: Shaping Creative Ownership

The Birth of a Rugby Nation South Africas Love Affair with the Sport
Sports1 year ago

The Birth of a Rugby Nation: South Africa’s Love Affair with the Sport

A Beginner's Guide to Radicle (RAD): The Future of Peer-to-Peer Development
Technology1 year ago

A Beginner’s Guide to Radicle (RAD): The Future of Peer-to-Peer Development

Analysis of Nigeria's Renewable Energy Sector: Opportunities and Challenges
Technology1 year ago

Analysis of Nigeria’s Renewable Energy Sector: Opportunities and Challenges

Casino Gaming Poker
Sports1 year ago

What Are The Various Types Of Online Slots?

Luka Modric celebrates after scoring Real Madrid's second goal against Celta Vigo.
Sports1 year ago

Luka Modric set to join Ronaldo in Saudi Arabia’s Al Nassr

WHO World Health Organization
Health1 year ago

WHO debunks claims that tuberculosis is caused by witchcraft, poison

Atiku Abubakar
News1 year ago

2023 Election: Why DSS must arrest Fani-Kayode – Atiku

PDP Logo Umbrella
News1 year ago

PDP suspends National Chairman

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Final Episode 13)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 12)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 11)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 10)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 09)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 08)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 07)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 06)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 05)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 04)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 03)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 02)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 01)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Complete Episodes)

Papa Loves His Girls by Opeyemi Ojerinde Akintunde_ANE Stories
ANE Stories1 year ago

[STORY] PAPA LOVES HIS GIRLS (Episode 16)

Papa Loves His Girls by Opeyemi Ojerinde Akintunde_ANE Stories
ANE Stories1 year ago

[STORY] PAPA LOVES HIS GIRLS (Episode 15)

Papa Loves His Girls by Opeyemi Ojerinde Akintunde_ANE Stories
ANE Stories1 year ago

[STORY] PAPA LOVES HIS GIRLS (Episode 14)

Papa Loves His Girls by Opeyemi Ojerinde Akintunde_ANE Stories
ANE Stories1 year ago

[STORY] PAPA LOVES HIS GIRLS (Episode 13)

ANE Billboard Hots