FROM AYODELE AJOGE, BIRNIN-KEBBI.
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| Gov. Bagudu of Kebbi State, presenting the 2023 appropriation bill to the State House of Assembly |
Kebbi State Governor, Senator Abubakar Atiku Bagudu has on Wednesday afternoon Presented his 2023 proposed budget of N166.907 BILLION to the State House of Assembly.
The budget tagged "Budget of Enduring Legacy" is Governor Bagudu last budget as the sitting Governor of Kebbi State
Governor Bagudu disclosed that the Statutory Allocation coming from the Federation account are estimated in the sum of N48.313 billion of which Internally Generated Revenues are estimated in the sum of N10.171 million.
He disclosed further that Recurrent Expenditure accounts for N60.490 billIon, adding that the recurrent expenditure figures are broken down to Personnel Costs of N29.975 billion, while overhead costs are N30.514 billion. As Capital Expenditures are in the sum of N106.511.
"The 2023 Budget is guided by the strategic objectives of the State Development Plan 2022-2027, which are Improving Governance towards focusing on institutions through accountability, rule of Law, transparency and efficiency that delivers quality social service delivery to Kebbi State citizens". He explained.
Pointing out that the budget also aims to enhance agriculture and Mineral Resource productivity through access to improved technologies, Finance and services to increase income generation and provide food security and poverty reduction.