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Nasarawa Debt Hits N50bn, Says Commissioner


By Igbawase Ukumba
Nasarawa State Commissioner for Finance, Budget and Planning, Haruna Adamu Ogbole, yesterday disclosed that the state was currently indebted to over N50 billion.
This is even as the state government said it would borrow about N14.46 billion to finance the state’s 2021 budget deficit.
Ogbole stated this while fielding questions from journalists during the 2021 budget breakdown at the state ministry of finance headquarters in Lafia, the state capital.
He explained that the state has commenced repayment of the debt gradually and that it would be liquidated in five years.
“The state is currently indebted to the tune of over N50 billion, and we have started payment gradually because we have a frame work for that,” Ogbole said. ....

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Abiodun, Bello, Ayade, Ugwuanyi, Ikpeazu, Sule, Mohammed sign 2021 budgets into law - Latest Nigeria News, Nigerian Newspapers, Politics

Abiodun, Bello, Ayade, Ugwuanyi, Ikpeazu, Sule, Mohammed sign 2021 budgets into law - Latest Nigeria News, Nigerian Newspapers, Politics
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Daily Trust - Ogun Assembly okays N338.6bn budget for 2021

The Ogun State House of Assembly on Tuesday passed the 2021 Appropriation Bill of N338.6 billion. The budget was passed with slight adjustments in the recurrent and capital expenditure estimates and revenue projection of about 74 agencies including the capital receipt. Buhari yet to assent to 2021 budget Again, one dies as customs, smugglers clash […]
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Ogun: Gov Abiodun signs 2021 budget of N338.6 billion


Daily Post Nigeria
Published
Governor Dapo Abiodun of Ogun State has assented to the state’s 2021 Appropriation Bill of N338.6 billion.
DAILY POST reported on Tuesday that the bill was passed by the Ogun State House of Assembly with slight adjustments, less than one month after it was presented by Gov Abiodun.
A clean copy of the appropriation bill was on Wednesday presented to the governor by the Speaker, Olakunle Oluomo.
The bill, which was tagged “Budget of Recovery and Sustainability”, now has N146.529bn earmarked for recurrent expenditure, N20.182bn for set aside for Consolidated Revenue Fund Charges (CRFC) while N171.898bn was allocated for capital expenditure in 2021. ....

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