Dauda Lawal Ligns 2024 Budget Of N426.5bn Into Law—Gov. Dauda Lawal of Zamfara has signed the state’s 2024 Appropriation Bill of N426.5 billion into law.
His media aide, Mr Sulaiman Idris stated on Sunday in Gusau that the governor signed the Appropriation Bill into law on Saturday.
The state’s House of Assembly approved the bill on Friday, he stated.
The state’s 2024 budget prioritised critical sectors of security, education, agriculture, health and infrastructure, among others.
Idris quoted Lawal as saying “the 2024 estimate has N118.3 billion or 27 per cent allocated to recurrent expenditure and N308.2 billion, representing 73 per cent allocated to capital expenditure.
“The budget titled: “Budget of Rescue’’ will enhance domestic and foreign investments, productivity and ease of doing business in the state.
“We budgetted sufficient funds for social intervention programmes to mitigate the impact of current economic difficulties and insecurity.’’
The budget listed micro-credit disbursement to small and medium enterprises, the FADAMA programme for food security, and other initiatives to reduce poverty as its focal points.
“We earmarked resources for skills acquisition programmes to provide job opportunities for teeming youths in the state.
“The proposed budget is balanced as the projected revenue equals the estimated expenditure,’’ Idris also quoted Lawal as saying as he signed the budget into law.