By Dipo Olowookere
For the 2019 fiscal year, the government of Benue State is proposing to spend the sum of N196.5 billion, Governor Samuel Ortom has said.
While presenting his Budget of Peace Security and Prosperity to the Benue State House of Assembly for approval, Mr Ortom said the sum of N106 billion has been earmarked for recurrent expenditure, while N90 billion is for capital expenditure.
The 2019 appropriation bill, presented to the state parliament by the Deputy Governor, Mr Benson Abounu, has N52 billion set aside for administrative, N86 billion for economic sector, and N52.9 billion for social sector.
The Governor asked the lawmakers to make efforts to pass the budget without delay. In his remarks, speaker of the assembly, Mr Titus Uba, pledged to give the budget estimate a speedy passage, saying he was impressed with the implementation of the past budgets.
more recommended stories
BUA Plans 48MW Power Project for Sokoto Cement Plant
By Dipo Olowookere A deal has.
Equities Further Shed 0.50% Despite 12% Rise in Turnover
By Dipo Olowookere For the sixth.
CBN Drops One-Year OMO Bill Rate to 13.04%
By Dipo Olowookere The Central Bank.
Julius Berger Nigeria Announces N2 Per Share Dividend, Nets N10bn as Profit
By Modupe Gbadeyanka Shareholders will get.