Year 2024 looks rosy for the nation’s 36 states including the Federal Capital Territory as the governors presented a whopping sum of N15.91 trillion budget for the new year.
President Bola Ahmed Tinubu had in late November, 2023 presented to a joint session of the National Assembly a N27.50 trillion budget. The budget tagged the Budget of Renewed Hope is currently undergoing scrutiny and deliberation for final approval
The proposed budget seeks to achieve job-rich economic growth, macro-economic stability, a better investment environment, enhanced human capital development, as well as poverty reduction and greater access to social security.”
Subsequently, governors for each state of the federation followed with a presentation to their state’s Assembly.
A breakdown of the states’ budgets in regions show that Southwest led the pack with N4.20 trillion. This was followed by South South: N3.43 trillion, South East: N2.29 trillion, North West: N2.50 trillion, North Central:…
Source: Leadership Newspaper
