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Saturday, December 31, 2022

Gov. Fintiri signs N175 billion 2023 Adamawa budget into law

The budget has N105 billion earmarked as recurrent expenditure and over N70 billion for capital expenditure.

• December 30, 2022
Adamawa State Governor, Ahmadu Umaru Fintiri
Adamawa State Governor, Ahmadu Umaru Fintiri

Governor Ahmadu Fintiri of Adamawa on Friday assented to the 2023 Budget of N175 billion into law after the passage of the Appropriation Bill by the State House of Assembly.

Mr Fintiri had on November 25, presented the appropriation bill for 2023 fiscal year to the State House of Assembly for consideration.

The budget has N105 billion, representing 60 per cent, as recurrent expenditure and over N70 billion, representing 40 per cent, as capital expenditure.

According to Mr Fintiri, the budget, tagged Budget of Consolidation, will ensure completion of all ongoing projects started by his administration and the construction of a Super Highway from FGGC Yola to Yola-Town through Yolde-Pate.

Mr Fintiri said government would establish and construct three mega secondary schools, one in each of the senatorial districts, to serve as special schools for the most talented of Adamawa students.

He added that the government would also establish high-tech vocational training centres to serve as information technology skill incubation hub for the development of youths in the state, among other key projects.

The event was attended by deputy governor Crowther Seth and deputy speaker of the Assembly, Pwamakeino Mackondo.

Others were Chairman and members of House Standing Committee on Finance, Appropriation and Budget, and Chief of Staff, Government House Yola, Maxwell Gidado.

(NAN)

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