Nasarawa State House of Assembly has passed into law, a Bill to issue out of the Consolidated Revenue Fund of the State of N156.687, 479,388.94 only (Supplementary/Amended Appropriation Bill, 2024) for the Services of Nasarawa State Government.
Speaker of the House, Danladi Jatau announced the passage of the bill into law during the House proceedings today in Lafia.
Speaker Jatau said that the supplementary appropriation bill, if signed into law by the Governor, would give the state government power to complete ongoing projects.
He observed that the executive has achieved a lot in terms of revenue generation in the year under review.
“The total size of the recurrent expenditure after adjustment stands at N150,310, 075,773.14, whereas, the total size of the capital expenditure will be N206, 256,774,325.22
“The total size of the budget for the year 2024 after adjustment is N356,566,850,098.36” he said.
The Speaker directed the Clerk of the House to produce a clean copy of the bill for the Governor’s assent.
Meanwhile, the Deputy Majority Leader of the House, Abel Yakubu Bala moved a motion for the bill to scale third reading which was seconded by the Minority Leader of the House, Luka Iliya Zhekaba.
The House unanimously passed the bill into law.
It would be recalled that in Dec.2023, the House approved N199.8 billion budget for 2024 fiscal year.
With the supplementary appropriation bill now approved, it takes the Nasarawa State Government 2024 budget to N356.5 billion.
Hauwa Abu
Comments are closed.