Taraba State Governor Agbu Kefas has presented budget estimate to the tune of over four hundred and twenty nine billion naira for twenty twenty five fiscal year.
The ceremony took place at the hallow Chamber of the Taraba State House of Assembly,Jalingo.
Speaking,Governor Agbu Kefas explained that it encapsulated the vision to build a more prosperous, inclusive and sustainable state with to achieve the moving forward agenda of his administration.
According to the Governor the twenty twenty five budget estimate over two hundred and sixty six billion naira representing sixty one point five percent was set aside for capital expenditure, while over one hundred and sixty billion naira representing thirty eight point one percent of the estimate was earmarked as recurrent expenditure.
He noted that the recurrent expenditure includes personnel cost, overhead cost, while capital expenditure relates to the cost of infrastructures and other developmental projects.
The Governor explained that the budget is anchored on strategic investment tailored to drive growth, and enhanced quality of life of the people.
According to him, the twenty twenty five budget estimate was carefully prepared to consolidate on the gains of twenty twenty four budget with strategic priority to education, job creation, infrastructures, agriculture, security, and tourism, among others.
He added that the Taraba Master Development Plan will be the working document of the state in twenty twenty five.
Earlier,Speaker Taraba State House of Assembly RT Hon John Kizito Bonzena commended the leadership of Agbu Kefas which is responsible for construction, remodelling and reconstruction of several projects within and outside the state.
He pledged the Assembly resolve to give the bill an accelerated hearing for timely passage.
The budget presentation ceremony was attended by the Deputy Governor Aminu Abdullahi Alkali, Chief of staff Government House Jeji Williams, Commissioners, Head of security agencies and senior government officials among others.
Comments
Post a Comment