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Home National

Badaru writes Jigawa Assembly seeking N12.1b in Supplementary Budget

4th October 2017
in National
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Badaru writes Jigawa Assembly seeking N12.1b in Supplementary Budget
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From: Ahmed Abubakar, Dutse

Governor Muhammed Badaru Abubakar of Jigawa State has written to the state House of Assembly seeking for approval to release the sum of N12 billion.

The letter, which was communicated and read on the floor of the Assembly, on Wednesday, was asking for the approval of the lawmakers to authorise the release of the money that would be used for other capital projects across the state.

The money, according to the letter, would be drawn from ‎money kept from the Paris club refund allocation of the sum of  N7.1 billion and N5 billion, respectively.

According to the letter, the Governor stated that, “The total amount needed to be appropriated is N12.1 billion comprising the amounts received from the two sources of Paris club refund and Central Bank on Nigeria (CBN) loan”, he stated.

“This will be appropriated for the funding of various projects which we intend to implement before the end of the fiscal year, part of it wold be apropriated to stabilisation and contingency funds the bulk would also form part of the 2018 opening balance”, he stated.

The governor, who gave a break down of capital projects to be completed include, constituency projects being executed by the MDAS at the sum of N1.42 billion, commercial agriculture loan financed projects at the cost of N5 billion, stabilisation fund and contingency vote replenishment at N4.28 billion, new road projects at N1 billion, house of assembly proects at N300 million while solar powered irrigation projects is expected to gulf N100 million respectively.

Speaker of Jigawa State House of Assembly, Alhaji Isa Idris, ‎said the request would be given an accelerated hearing so as to enable the state government to execute it’s intended projects.

Segun Adio

Segun Adio

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