Gov. Umaru Al-Makura of Nasarawa State on Wednesday presented a budget proposal of N122.8 billion for 2018 fiscal year to the State House of Assembly for approval.
The governor while presenting the bill christened “Budget of Sustainable Development” on the floor of the house in Lafia, assured the citizens of the state of his administration’s commitment toward completing all ongoing projects.
He said that the proposal had an increase of N31.3 billion over the 2017 figure representing 34.2 per cent.
Al-Makura said that N45.2 billion, representing 36. 8 per cent of the budget was for recurrent expenditure, while N71.06 billion representing 57.8 percent was for capital expenditure.
He said the budget had anticipated a revenue receipt of N95.68 billion.
The governor said that the deficit in the budget would be financed by a N10 billion…
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