Connect with us

News

Adamawa Govt. increases 2023 budget to N175bn

Published

on

Adamawa Govt. increases 2023 budget to N175bn

Gov Fintiri


Adamawa State Government has made an upward review of its 2023 budget estimate from the initial projected amount of N140 billion to N175 billion.

Dr. Umar Pella, the state Commissioner for Information and Strategy, made the disclosure during an interview with the News Agency of Nigeria (NAN) in Yola on Wednesday.


Adamawa Govt. increases 2023 budget to N175bn

According to him, the upward review was factored around the anticipated increase in the quantum of expected revenue in 2023, saying the increase in revenue would support the increase in expenditure.

He said the review was part of the recent executive council resolutions, based on the economic analysis and understanding of the trajectory and history of the state budget performance in the last six years.

“The review is also aimed at enabling the execution of life changing projects for the people of the state,” he said.

Gov. Ahmadu Fintiri administration has spent billions of naira on aggressive rural urban transformation through provision of relevant infrastructure.

Facebook Comments Box

Copyright 2023 ROYAL NEWS. All rights reserved. Digital material on this website, may not be published, reproduced, broadcast, rewritten or redistributed in whole or in part without prior express written permission from ROYAL NEWS.

Contact: info@royalnews.com.ng

Download ROYAL NEWS app

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *