Gov Buni Presents N107b 2021 Budget
Gov Buni Presents N107b 2021 Budget of Consolidation and Economic Rejuvenation
By Sadiq Abubakar
Governor Buni Mai Mala of Yobe State has presented a budget of N107b for 2021 Fiscal Year. This is less than the 2020 budget of N108.3b.
The governor said during the year 2021, his Government intends to consolidate and enhance existing projects and programmes as well as build on the achievements realised in the year 2020.
Addressing members at the floor of the State House of Assembly on Thursday, Governor Buni said, “The total amount earlier approved for the 2020 Budget was N108b but due to the spread of COVID-19 pandemic which negatively affected the entire global economy necessitated us to scale down the total figure of the Budget to N86b.
“During the period under review, up to October 2020 the actual revenue receipts from the Federation Account Allocations, Internally Generated Revenue, and other sources stood at N65b giving us 76% of the reviewed projected target.
“Out of the sum of N52b set aside for recurrent expenditure in the 2020 Budget, the actual amount expended was N37b, 43% success.
“The capital expenditure was expected to gulp N34bb, but the actual amount spent so far is N22b indicating 65.38% success. The overall performance of the 2020 budget for both recurrent and capital expenditure was N59b showing 69% success and with the progress in the outgoing fiscal year, I can now present our proposal as contained in the 2021 Budget.
“Against the background of our achievements in 2020, the 2021 Budget would concentrate on completion of all ongoing projects, creating an enabling environment for youth empowerment and accelerate restoration and improvement of livelihood for the entire citizenry.
“For these reasons, we have decided to tag the 2021 Budget as budget of “RECOVERY, CONSOLIDATION AND ECONOMIC REJUVENATION”.
According to him, the 2021 budget would largely focus on completion of all ongoing projects with intention to sustain our efforts towards completion of the International Cargo Airport; Trailer Park at Potiskum and Modern markets in Damaturu, Potiskum, Gashua and Nguru as well as Geidam.
Similarly, the road projects of Damagum-Gubana and Nguru-Bulanguwa and township roads in Damaturu, Gashua, Geidam, Nguru and Potiskum, will be completed in 2021.
“We also intend to construct additional inter and intra township roads across the State. We would reinvigorate our drive in providing numerous empowerment packages for our industrious and teeming youth to facilitate realization of their dream for self-actualization, self-reliance and attainment of economic prosperity.
We would seek the collaboration of various Federal Government Agencies and relevant International Non-Governmental Organizations for the attainment of our goals in this regard. The sum of N1,890,000,000 (One Billion and Eight Hundred and Ninety Million) has been set aside for the execution of various youth empowerment programmes under the N-Cares Programme in the State.