With a State that has a revenue of less than N6 billion… Governor Simon Lalong of Plateau State, on Tuesday presented a budget estimate of N132,702,296,295 billion to the State House of Assembly for the 2017 fiscal year.
The budget proposal which is N13,993,888,823 billion less than the 2016 estimate, according to the Governor was as a result of continuous fall in the revenue accruing from the Federal Allocation due to the fall in price of oil as well as the oil output resulting from the crisis in the Niger Delta.
Lalong maintained that, “This, therefore, means that we need to make realistic projections to reflect the current economic realities. Continue reading
The Infographic of 2017 Budget Proposal President Muhammadu Buhari presented at a joint session of National Assembly today, December 14th, 2016.
The national assembly says it has submitted details of the 2016 budget to its clerk for transmission to the presidency.
Danjuma Goje and Abdulmumin Jibrin, who respectively chair the appropriation committees of the senate and the federal house of representatives, released a joint statement to confirm the development, and to thank Nigerians for their patience and understanding.
“Being the most important economic policy tool of government, the budget provides a comprehensive statement of our priorities as a nation; and as representatives of the people, the National Assembly remains the appropriate place to ensure that the details of such a document best match our national goals and aspirations,” read the statement. Continue reading