Governor Ahmadu Fintiri of Adamawa State has introduced a budgetary proposal of N140 billion for the 2021 fiscal 12 months.
Presenting the proposal to the State House of Assembly on Monday, Fintiri famous that it’s his second budgetary course of since he turned governor, and tagged it Budget of Stabilization.
He mentioned the proposal, a complete of N140,034,404,449; has a bigger share of over N72 billion devoted to capital tasks.
The governor mentioned the funds was geared toward consolidating the socio-economic growth he has instituted within the state since he was sworn in as governor in May final 12 months.
A broad breakdown of the funds as he learn it on the major bowl of the state Assembly Complex in Yola, indicated that works has the most important sector proposal of over N16 billion.
He mentioned the allocation could be used to advance the agricultural and concrete renewal programme of his authorities expressed in development of rural and concrete roads in addition to the continuing two flyovers within the state capital, Yola.
The governor thanked members of the House of Assembly for the cooperation which he mentioned he had been receiving from them for the well-being of the state.
Responding to the 2021 fiscal proposal of the governor, Speaker of the State House of Assembly, Rt Hon Aminu Iya Abbas, mentioned it’s a real looking proposal because the governor had evidently pegged the estimates right down to realizable limits.
DAILY POST remembers that Governor Ahmadu Fintiri had in December final 12 months introduced a proposal of N183 billion for 2020.
The proposal was authorized with out alteration by the House of Assembly, however the authorities in May this 12 months pruned it by 24 p.c in view of COVID-19 exigencies.