Vanguard News
Bauchi governor budgets N213bn for 2021
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By Charly Agwam – Bauchi
The Bauchi state governor, Bala Mohammed, has presented a budget of N213 billion for the 2021 fiscal year to the Bauchi State House of Assembly for scrutiny.
The proposal which is N46 billion higher than the previous year was christened the ‘Budget of Consolidation’.
At the presentation at the Bauchi State House of Assembly on Tuesday, Governor Mohammed told the legislators that the 213,914,559,428 estimates comprise of N93,197,307,970 billion, representing 44 per cent recurrent expenditure and N120,717,251458 billion capital expenditure, representing 56 per cent.
According to the Governor, the budget was predicated on the benchmark oil price, exchange rate of naira to US dollars and a robust and efficient system of internally generated revenue collection in the state.