Governor Bello Presents N198bn 2022 Budget To Niger State Assembly

Niger State Governor, Abubakar Sani Bello, has presented a N198.2 Billion 2022 budget proposal to the Niger State House of Assembly.

Governor Sani Bello presented the appropriation bill titled ‘Budget of Consolidated Development’ to the state assembly on Thursday.

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A breakdown of the budget shows a capital expenditure of N124.08 billion representing 62.59% and recurrent expenditure of N74.1billion representing 37.41%.

The 2022 budget estimates are marginally higher than the 2021 budget with a 12.75% (N44.8billion) increase.

The governor disclosed that the 2022 capital expenditure budget was based on the approved Medium Term Expenditure Framework (MTEF) 2022-2024, the Medium Term Sector Strategy (MTSS) of all Sectors in the State which he said provided a basis for capital allocation to Ministries, Departments, and Agencies.

Governor Sani Bello said the state projected N198.2 billion as the total revenue for the 2022 Financial Year which includes Internally Generated Revenue (IGR) of N17.1b (8.68%), N20.7billlion (10.49%) from Value Added Tax (VAT), N54.2billion (27.39%) from Statutory Allocation among others.

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Giving a sectoral breakdown of the budget, Governor Bello said the Economic Sector comprising of “Agriculture and Rural Development, Livestock, Infrastructural Development, Commerce and Investment, Energy, Water Supply, Transport, and Environment has the lion share of N87.4billion representing 71.08% of capital allocation.

“Social Sector comprising of Education, Health, Social Development, Youth and Sports is second with the proposed allocation of N25.3billion or 20.62 %.

“Administrative Sector which comprises of the Government House, House of Assembly, the Office of the Head of Service, Information and the SSG’s Office, Statutory Commissions received the third-highest allocation of 7.68% or N9.4billion.

“Law and Justice Sector: The Sector has proposed allocation of N760million or 0.62%.

The Governor maintained that the government has invested so much in the wake of persistent security challenges in the provision of security equipment, and management of security architecture in the state which he said has affected the ability of his administration to deliver on its projected capital expenditures in 2021.

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On his part, the Speaker of the state assembly, Abdullahi Bawa Wuse, commended the governor for the early presentation of the budget and acknowledged the wide gap between the Capital and Recurrent Expenditure.

Wuse assured that the legislators will scrutinize the budget with all sense of sincerity, promising to step up their oversight function to ensure full implementation of the 2022 budget when passed into law.

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