1 month ago
6
Niger State Governor Mohammed Bago has sent a supplementary budget of N213.7 billion to the state House of Assembly.
In a correspondence read by the speaker, Rt. Hon. Abdulmalik Muhammad Sarkin Daji at plenary, the governor said the preparation of the proposed supplementary budget became necessary in view of additional and expected inflow of funds.
He said an inflow of N213.7bn was expected whereas the implementation of the N70,000 new minimum wage as well the impact of fuel subsidy removal on the general economic activities necessitated supplementary fiscal action.
The total proposed 2024 supplementary budget forwarded to the House by the governor for consideration is made up of
N 36 859,819,029.12 recurrent expenditure and the capital expenditure N 176, 877, 651,108.88.
Similarly the House also received 2024 proposed revised budget sent by the governor for consideration and approval.
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