Governor Dauda Lawal of Zamfara has presented a budget estimate of N424.3 billion for the 2024 fiscal year to the state House of Assembly.
A statement by the spokesperson to the governor, Sulaiman Idris, said the budget which was tagged: “Rescue Budget,” considered the current situation in the state and made detailed provisions to address the people’s immediate needs.
Mr Idris explained that the proposed budget had N118,134,730,000.00 for recurrent expenditure and N305,389,000,000.00 for capital expenditure.
He also disclosed that the state government plans to extend the ongoing urban renewal projects to cover all 14 local government areas in the 2024 appropriation proposal.
“Today, Governor Dauda Lawal presented to the State Assembly a budget estimate of N423,523,730,000.00, which comprises N118,134,730,000.00 for recurrent expenditure and N305,389,000,000.00 for capital expenditure.
“The proposed 2024 budget is broken down into N160,425,064,000.00 and N263,098,666,000.00 as projected recurrent revenues and capital receipts, respectively.
“These revenues are based on multiple grant resources to make them fiscally realisable, coherent, and consistent with medium- and long-term strategic plans.
“Similarly, the year has a corresponding expenditure outlay of N118,134,730,000.00 for the recurrent component and N305,389,000,000.00 for the capital component.
“The Rescue Budget has considered the current situation in Zamfara State and has made detailed provisions to address the people’s immediate needs”
“After a thorough process, the allocations to different sectors of the economy have been carefully considered by our Executive Estimates Committee and the entire Executive Council.
“Furthermore, the ‘Rescue Budget’ is not just a financial plan; it is a blueprint for building a new Zamfara State, designed to navigate us through challenging times and pave the way for a more prosperous future.
“We are committed to maintaining due process, transparency, and accountability, especially in financial dealings”, Mr Idris said.
Giving a breakdown of the projects captured in the budget, he said, “The Zamfara State Government intends to execute during the year 2024 the following projects: Continuation of Urban Renewal Programme; construction of 17 kilometres Mallamawa to Bukkuyum road; Bukkuyum to Birnin Zauma to Gummi road;
“Maradun to Makera road; Damri to Aje Wargi to Dakko to Rafin Gyero to Barayar Zaki to Nasarawar Burkullu road; Maradun to Magami to Faru Road; Magami-Dangulbi-Dankurmi-Bagega to Anka road among others.”
