Zamfara State Governor, Dauda Lawal, has presented a total budget estimate of N423,523,730,000.00 for the 2024 fiscal year to the state House of Assembly.
Tagged ‘Rescue Budget’, the Governor presented the proposal on the floor of the House on Thursday, reaffirming his government’s commitment to due process in its implementation.
A statement by the Governor’s spokesperson, Sulaiman Bala Idris, said the proposed budget comprises N118,134,730,000.00 for recurrent expenditure and N305,389,000,000.00 for capital expenditure.
According to him, the government plans to extend the ongoing urban renewal projects to cover all 14 Local Government Areas in the 2024 proposal.
He said, “today, Governor Dauda Lawal presented to the House of 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 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 the 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 way for a more prosperous future.
“We are committed to maintaining due process, transparency, and accountability, especially in financial dealings.
“The Zamfara State government intends to execute during the year 2024 the following projects: continuation of the Urban Renewal programme, construction of 17 kilometres Mallamawa- Bukkuyum road, Bukkuyum- -Birnin Zauma-Gummi road, Maradun-Makera road, Damri-Aje Wargi-Dakko- Rafin-Gyero-Barayar Zaki- Nasarawar Burkullu road, Maradun-Magami-Faru road,Magami-Dangulbi-Dankurmi-Bagega-Anka road, among others.”
The statement noted further that the proposed budget emphasises citizen-nominated projects with some other programmes considered to have direct bearing on the yearnings and aspirations of the people of Zamfara.
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