Tambuwal budgets N220bn for 2018 fiscal year

Governor Aminu Waziri Tambuwal yesterday presented a proposed
budget estimate of N220 billion for the 2018 fiscal year to the
Sokoto State House of Assembly. Speaking at the presentation
ceremony in Sokoto, the state capital, Tambuwal said 69.9 per cent
of the budget or N152.8 billion was for capital expenditure, while
a total sum of N67.6 billion, representing over 30 per cent was set
aside for recurrent expenditure.

Tambuwal said for the third year running, education sector got
the highest allocation with 26.1 per cent of the total budget sum,
followed by health sector with total allocation of N20.932 billion,
agriculture got the third highest allocation with N16.535 billion.
Similarly, the sum N14,255 billion was allocated to the Ministry of
Works and Transport, while the sum of N11.560 billion was allocated
to Ministry of Lands, Housing and Survey.

He said: “The budget, tagged: “Budget of Sustainable Positive
Change,” will focus on completion of the projects that began in the
preceding year and ensure execution of new ones in line with our
development policy agenda. It is a budget carefully formulated to
address the fundamental future needs of our people. “On 2017
budget, let me announce it here that the implementation was smooth
and in harmony with provisions of existing laws and
regulations.

It is also gladdening to note that in the face of critical
resource constraints, we have recorded significant milestone of
worthy note,” the governor added. Tambuwal said in order to provide
conducive economic and commercial environment in the state, the
Ministry of Energy would be created in 2018.

He said this will help in creating employment opportunities all
over the state, even as he added that the sum of N1,450 billion has
been earmarked for the energy sector and the takeoff of the new
ministry. He said key projects earmarked for execution include the
completion of the 38mw Independent Power Project inherited from the
previous administration.

Governor Aminu Waziri Tambuwal yesterday presented a proposed
budget estimate of N220 billion for the 2018 fiscal year to the
Sokoto State House of Assembly. Speaking at the presentation
ceremony in Sokoto, the state capital, Tambuwal said 69.9 per cent
of the budget or N152.8 billion was for capital expenditure, while
a total sum of N67.6 billion, representing over 30 per cent was set
aside for recurrent expenditure.

Tambuwal said for the third year running, education sector got
the highest allocation with 26.1 per cent of the total budget sum,
followed by health sector with total allocation of N20.932 billion,
agriculture got the third highest allocation with N16.535 billion.
Similarly, the sum N14,255 billion was allocated to the Ministry of
Works and Transport, while the sum of N11.560 billion was allocated
to Ministry of Lands, Housing and Survey.

He said: “The budget, tagged: “Budget of Sustainable Positive
Change,” will focus on completion of the projects that began in the
preceding year and ensure execution of new ones in line with our
development policy agenda. It is a budget carefully formulated to
address the fundamental future needs of our people. “On 2017
budget, let me announce it here that the implementation was smooth
and in harmony with provisions of existing laws and
regulations.

It is also gladdening to note that in the face of critical
resource constraints, we have recorded significant milestone of
worthy note,” the governor added. Tambuwal said in order to provide
conducive economic and commercial environment in the state, the
Ministry of Energy would be created in 2018.

He said this will help in creating employment opportunities all
over the state, even as he added that the sum of N1,450 billion has
been earmarked for the energy sector and the takeoff of the new
ministry. He said key projects earmarked for execution include the
completion of the 38mw Independent Power Project inherited from the
previous administration.