The governor of Yobe State, Mai Mala-Buni, on Thursday presented a budget of N106.9 billion for the year 2021 before the state House of Assembly for approval.
The budget is tagged ‘Budget of Recovery, Consolidation and Economic Rejuvenation’.
Mala-Buni, while speaking during presentation at Damaturu, the capital of Yobe State, explained that the Ministry of Housing and Property Development has the highest allocation with N8 billion, while the Ministry of Works was proposed N7.84 billion.
He said that the budget was made up of N63.18 billion or 59.5 percent for recurrent expenditure and N43.81 billion or 40.95 percent capital expenditure.
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He furthered listed some of the ministerial allocations to include Agriculture N4.18 billion, Commerce, Industry and Tourism N4.52 billion, Rural Electrification N1.59 billion, Transport and Energy N3.53 billion, Health N2.12 billion, and Basic and Secondary Education N3.69 billion.
He said that N1.89 billion was set aside towards execution of various youth empowerment programmes of the administration.
“We will invigorate our drive in providing numerous empowerment packages for our industrious and teeming youths to facilitate the realisation of their dream of self-actualisation, self-reliance and economic prosperity,” the governor said.
“We will seek collaboration with various Federal Government agencies and International Non-Governmental Organisations for the attainment of our goals in this regard,” he said.
Ahmed Mirwa, speaker of the House of Assembly, in his response assured that the lawmakers would work on the budget towards a speedy passage.
BusinessDay reports that the 2021 Appropriation Bill figure is about 17.2 percent higher than the 2020 figure of N86.04 billion.
