Breaking News

Masari signs into law N213bn as 2018 budget

Kindly Share This Story:

By Bashir Bello
KATSINA – Governor Aminu Bello Masari of Katsina State has on Wednesday signed into law the sum of N213 billion as budget for 2018.

Governor Masari demotes principal, head teacher

The sum was N2.6billion increased from the N211 billion initially proposed for the year.

Gov. Masari shortly after signing the budget into law at the General Muhammadu Buhari governmrnt house, said the budget will add value and improve on the lives of the people.

He tagged the budget as budget of the people and for the people and it focus are the people.

According to the Governor, “We believe if we are able to improve the quality of lives of our people, to improve their economic capacity and capability and capacity, Katsina will move faster than it is moving now,” Governor Masari said.

Governor Masari commended the assembly for speedily scrutinizing the budget for assent into law describing it as a landmark.

He also commended the assembly for the mutual relationship it enjoyed which he said together it shall deliver the dividend of democracy to the people.

Shedding more light on the budget increment, the House Leader and Chairman, House Committee on Appropriation, Ambali Faruq said the two components were introduced to jack up the budget.

Faruq said the committee discovered a misappropriation of N10billion naira and expedite to improve the provision to N12billion and a capital receipt from the Ministry of Land and Survey of N600million.

He said with the increase, the budget has N161 billion as it capital expenditure while N52 billion as recurrent expenditure.

Earlier, the Speaker, Abubakar Yahaya Kusada said the budget was scruntized with Ministries, Departments and Agencies, MDAs invited to ensure it come up with the document (budget) for the year 2018.

Kindly Share This Story:
All rights reserved. This material and any other digital content on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from VANGUARD NEWS.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.
Do NOT follow this link or you will be banned from the site!