The Chairman Abuja Municipal Area Council (AMAC), Mr Abdullahi Candido, on Thursday presented N6.92 billion budget for 2018 fiscal year, representing an increase of 11.76 per cent from last year’s budget.
Presenting the budget at the legislative chambers in Abuja, Candido said the 2018 budget of reality and consolidation was aimed at addressing growing needs of the communities and build on the existing foundation for grassroots development.
He said that the administration has allocated N3.7 billion for recurrent expenditure, representing 45.77 per cent and N3.7 billion for capital expenditure, representing 54.23 per cent of the budget.
The chairman explained that the budget followed zero budgeting system to eliminate inefficiency and focus on activities that has direct bearing on the lives of the citizens.
He said the personnel cost was N2…
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