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Borno government signs 2024 N358 billion budget

The Governor of Borno StateBabagana Zulum has officially signed the N358.7 billion 2024 Appropriations Bill, which was passed by the state House of Representatives with an adjustment of N18.1 billion.

The updated capital expenditure now stands at over N208.4 billion while the revised recurrent expenditure stands at N150.4 billion as a result of the increase in budget size from N18.1 billion.

The revised appropriations bill was presented by the Speaker of the House of Representatives, Abdulkarim Lawan, to the Governor at the Council Chamber of the Government House in Maiduguri on Wednesday.

Zulum urged state council members and agency heads to scrupulously adhere to the terms of the appropriations bill when submitting their memos for approval.

Furthermore, the Governor expressed his gratitude to the leadership and members of the House of Representatives for the timely passage of the budget.

“We must commend the leadership of the House of Representatives; we must also commend the maturity of the House,” Zulum said.

The governor also expressed confidence on the possible effects of the appropriation bill, stressing that the N208.7 billion capital expenditure of the bill is intended to give dividends of democracy to the people of the state.

Earlier, the Speaker commended the Governor for the quality projects he has implemented across the state in the last five years.

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The speaker pointed out that some sectors vital to people's lives would be included in the upward revision of the Appropriations Act.

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