Nasarawa Assembly passes N5.98bn 2021 supplementary budget into law

0

Governor Abdullahi Sule

By Umar Egbunu Muhammed, Lafia

Nasarawa State House of Assembly has passed N 5.98billion 2021 supplementary budget into law.

Mr Ibrahim Balarabe-Abdullahi, the Speaker of the House announced the passage of the bill into law after Mr Tanko Tunga, the Majority Leader of the House moved a motion to that effect during the House proceedings in Lafia on Monday.

Balarabe-Abdullahi appreciated the members for their commitment in ensuring the speedy passage of the bill into law.

The speaker said that the supplementary bill if assented to was to ensure the completion of ongoing projects in the state.

His words: “The total size of the Supplementary budget stand at N5, 975, 076, 812.86 only with a recurrent expenditure of N3, 620, 618, 735.86 only while capital expenditure is N2, 354, 458, 077) only

“A Bill for a Law to issue out of the Consolidated Revenue Fund of the State ( Supplementary Appropriation Bill) of the sum of N5, 975, 076, 812.86 and a virement ( Re- Allocation/ Adjustment ) of 2,690,023,000 only for the services of Nasarawa State Government is read for the third time and pass.”

The speaker directed the clerk of the House to produce a clean copy of the bill for Gov. Sule’s assent.

Earlier, Mr Tanko Tunga ( APC- Awe North) , the Majority Leader of the House moved a motion for the bill to pass third reading.

Mr Abel Bala ( PDP- Nassarawa Eggon West), the Minority Leader of the House seconded the motion.

The House unanimously passed the bill into law.

Our correspondent recalls that on December 31, 2020 Goveenor Abdullahi Sule of Nasarawa State, has signed the state N115.7 billion 2021 budget into law.

He said that the signing of the budget tagged ‘Budget of Economic Recuperation’ would enable the state to begin the constitutional 12-months Budget circle, starting from Jan.1 and ending on December 31.

Our correspondent reports that the Governor had on November 17 presented a budget of N112.9 billion to the State House of Assembly for approval.

The lawmakers however, raised the amount to N115.7 billion representing 2.48 per cent increase.

Leave A Reply

Your email address will not be published.

close