GOV. MUFTWANG OF PLATEAU, PRESENT 2024 BUDGET TO THE STATE ASSEMBLY. (PHOTO).
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Gov. Muftwang of Plateau, Present 2024 Budget to the State Assembly
Plateau State Governor, Barr. Caleb Mutfwang, has presented a budget of N295,434,568,464 for the year 2024 to the Plateau State House of Assembly for consideration.
the budget was presented at the state House of Assembly complex Jos the plateau state capital.
The budget, which was tagged "Budget of New Beginnings," was aimed at laying a strong foundation for peace and prosperity of Plateau State.
Governor Mutfwang explained that the proposed 2024 budget is significantly higher than the approved budget for 2023, totaling N145,483,233,873.
He attributed this increase to his administration's commitment to implementing a budget that enhances the state's socio-economic development of the state.
The Governor outlined the key focus areas of the budget, which include good governance, agricultural transformation, education, human capital development, public health, environment, mineral development, infrastructure, industrialization, and taxation/revenue mobilization.
The budget comprises a recurrent component of N157,563,316,462, representing 53.33%, and a capital estimate of N137,871,251,992, accounting for 46.66% of the total budget.
Funding sources include internally generated revenue (IGR) of N38,360,874,931, Government share of FAAC amounting to N151,424,566,079, and N105,649,127,454 from capital receipts.
Governor Mutfwang emphasized that his administration's commitment to addressing the state's infrastructural and human capital development deficits with the available resources.
He also urged citizens to fulfill their tax obligations promptly, emphasizing the importance of teamwork and efficient development in the state.
Rt. Hon. Moses Sule, Speaker of the Plateau State House of Assembly, described the budget as a lifeline for the people of Plateau State and pledged the House's commitment to expedite its passage to accelerate development in the state.
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