Plateau Gov. Lalong presents over N132 billion 2017 Budget estimate

Plateau Gov. Lalong presents over N132 billion 2017 Budget estimate

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