Governor Aminu Waziri Tambuwal on Thursday presented the 2017 budget estimate of N204,288,364,741 to the state House of Assembly with education getting the highest allocation for the second year running at N38,426,266,193 or 27.3 per cent.
Thank you for reading this post, don't forget to subscribe!The budget estimate has 69% dedicated to capital projects, while 31% to recurrent expenditure.
According to Tambuwal, the policy thrust of the budget is to ensure sustainable economic development through substantial investment in critical sectors like education, agriculture, healthcare delivery, exploration of mineral resources, investment in renewable energy and infrastructure.
“We will prioritise effective resource management and seek intervention in areas with high potentials to create job opportunities, generate income and improve revenue generation,” the Governor said.
He added that though the country was facing financial challenges, the state’s 2017 budget will address key policy issues which include promotion of peaceful coexistence and protection of lives and properties.
“We will work to strengthen capacity building of scheduled ministries to ensure they perform better in their tasks,” he said.
“Of great importance to us is the promotion of partnership with the private sector in areas of strategic importance to our development objective.
“We will promote value chain through agro-processing and diversification by way of incentivizing farmers and producers, and creating backward and forward linkages between and among institutions, partners and other stakeholders to accelerate economic growth.”
Allocation to other sectors show that ministry of works and transport got N16.2 billion; ministries of water resources and environment got N10.7 billion, the health sector got N7.7 billion while ministry of housing, lands and survey got N8.2 billion.
Others include ministry rural and community development (N5.6 billion), ministry of solid minerals and natural resources development (N1.7 billion) while the sum of four billion Naira was set aside for ministry of commerce, industries and tourism.
The governor urged the lawmakers to do a diligent job in handling the budget document, saying his administration will continue to prioritise meeting the aspirations of the people of the state.
“I want to emphasise the need for us to work as a team so that together we can move our dear state forward,” he said.