Bauchi Budget and Planning commissioner gives breakdown of 2019 budget
Bauchi State Governor Abubakar
From Baba Shehu Oscu, Bauchi
The Bauchi State Government has proposed a budget of over N196, 722, 411, 436billion in the 2019 fiscal year.
The amount is made up of a capital expenditure of N117, 505,434,317billion and a recurrent expenditure of N79, 196, 977, 119billion.
Giving the budget breakdown shortly after its presentation to the State House of Assembly recently, the Bauchi State Commissioner of Budget and Planning Alhaji Magaji Abubakar Dambam, explained that the proposal was prepared on the Medium Term Expenditure Framework 2019 – 2021 which rationale to consolidate developmental efforts holistically.
He said the proposal christened “Budget of Continuity” was not only to continue to invest in the critical sector of the economy but also to maintain the tempo of the successes recorded.
The commissioner recalled that a lot of developmental projects especially roads across the state are currently going, and assured that the APC-administration in Bauchi was determined to complete them and introduce new critical ones.
According to the budget breakdown, capital expenditure consisted of economic sector N57.3billion, social sector N41. 7billion, administrative sector N10.5billion, regional sector N5.5billion, and Law and Justice sector N2.3billion.
The recurrent expenditure, he enumerated, included personnel costs N35.3 billion, CRF –Charges – pension and gratuities, and total recurrent service of N6, 672, 841, 866, as well as internal and external loans of N5.7billion and N891, 621, 229 respectively.
Dambam outlined six priority areas of the Bauchi 2019 budget thus health, agriculture, education, water resources and hygiene, youth and women empowerment, and infrastructural development.
“The sum of N31, 326, 287, 433 representing 16.02% was allocated to the health sector, which clearly shows government commitment to the sector.”
Education is another area of critical importance to this Government and that what is why Government is allocating the sum of N41, 472, 337, 266billion representing 21.8% of the total budget.
Alhaji Magaji Dambam further revealed that the sum of N10, 791, 551, 005billion representing 6% was allocated to the agriculture sector.
Dambam also assured that the state government will continue to collaborate with the Federal government in the implementation of pro-poor projects, most of which are targeted towards women and youth who are the most vulnerable of the society.