POLITICS

Gov Mutfwang Signs 2024 Appropriation Bill Into Law

Plateau’s Gov. Caleb Mutfwang has signed the state’s 2024 budget of N314.8 billion into law, his media aide, Mr Gyang Bere, stated on Wednesday in Jos.

The budget is N164.9 billion higher than the N149.9 billion budgeted in 2023.

Christened “Budget of New Beginnings’’, the 2024 budget has a recurrent expenditure component of N162.3 billion and capital expenditure of N152.5 billion.

“As governor, this Appropriation Bill encapsulates our vision to transform Plateau into a citadel of glory.

“We believe Plateau deserves better than what was previously in place.

“We encountered a state of neglect in critical sectors and we are determined to lay a new foundation for a sustainable, excellent, and value-adding future.

“This (budget) reflects a significant step toward the comprehensive development of the state across all sectors,’’ the governor said.

Sponsored

He expressed optimism that the budget’s implementation would improve the living conditions of the people, and urged citizens to support the government for continued progress.

“We are committed to pursuing development to elevate Plateau among the states in Nigeria. As we begin the budget implementation next year, Plateau will rise to greatness,’’ he said.

Speaking at the ceremony, Commissioner for Budget and Economic Planning, Mr Chrysanthus Dawam, noted that government initially proposed to spend N295.5 billion in 2024.

He said the House of Assembly, however, increased the budget size to ₦314.8 billion.

Dawam added that the budget would be funded through Internally Generated Revenue of N38.3 billion, Federal Government allocation of N151.4 billion and Capital Receipts of N60.2 billion, among other revenue sources.

(NAN)

SPONSORED
Gift Egwube

Recent Posts

Osimhen Yet To Resume Full Training At Napoli

Victor Osimhen missed training again on Monday as Napoli started preparation ahead of this weekend’s…

3 mins ago

Awoniyi Celebrates Nottingham Forest Premier League Survival

Taiwo Awoniyi has celebrated Nottingham Forest’s Premier League survival. Forest confirmed their safety after a…

6 mins ago

Arsenal, Not Man City, Liverpool Will Win EPL Title Next Season – Hamilton

Formula One legend Lewis Hamilton has predicted that Arsenal will wrestle the Premier League title…

10 mins ago

Man Bags Two-Year Imprisonment Over Possession Of Hard Drug In Osun

Nwoke Ifeanyi, a traveller, has been sentenced to a two-year jail term for illegal possession…

35 mins ago

Rivers Crisis: Call Wike To Order Now – Clark Tells Ganduje, Damagum

Ijaw leader, Edwin Clark, has called on the national chairmen of the ruling All Progressives…

41 mins ago

APC Has Become A One-Man Show In Benue, Says Sen. Abba Moro

The Senator representing Benue South Senatorial District and Senate Minority Leader, Abba Moro, has advised…

43 mins ago