• Contact Us
  • About Us
Thursday, June 25, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

Gov. Tambuwal presents N169.65bn 2019 budget estimates

metro by metro
December 24, 2018
in Economy
0
0
SHARES
0
VIEWS

Aminu TambuwalGov. Aminu Tambuwal of Sokoto State on Monday presented the state’s 2019 budget estimates of N169.652billion to the State House of Assembly for consideration.

Tambuwal said that the sum of N99.184billion was for capital projects while the sum of N70.468billion was for recurrent expenditure.

Read Also

US Sanctions Three Nigerian Bureaux de Change, Citizen, Others Over Alleged ISWAP Financing

Pound Tumbles Towards Yearly Low Over UK Political Crisis

Nigeria Dominates Stablecoin Inflows In Sub-Saharan Africa-IMF

He said that the 2019 budget which was tagged “Budget of Consolidation for Sustainable Growth and Development,’’ would focus on completion of projects started in 2018 and execution of new ones.

Tambuwal stated that 2019 would be the fourth year of his administration, thereby stressing the need to consolidate on all the administration’s achievements.

‘‘This is to set such achievements into motion so as to improve the living standard of our people.

“For the fourth year running, the education sector got the highest allocation of over N47.4 billion, representing 27.9 per cent of the total estimates,’’ he added.

The governor explained that the policy thrust of the budget was to ensure sustainable economic development through substantial investment in critical sectors.

He said that the sectors included education, agriculture, healthcare delivery, exploration of mineral resources, investment in renewable energy and infrastructure.

“We will prioritise effective resources management and seek intervention in areas with high potentials to create job opportunities, generate income and improve revenue generation,” he said.

The governor gave the assurance that the government would continue to work to strengthen capacity building of scheduled ministries for better service delivery.

“We will continue to promote our partnership with the private sector in areas of strategic importance to our development objective.

“We will promote value chain through agro-processing and diversification by way of giving incentives to farmers and producers.

“We will also create backward and forward linkages between and among institutions, partners and other stakeholders to accelerate economic growth,” he said.

The News Agency of Nigeria reports that allocations to other sectors in the budget proposal showed that the health sector got N21.9 billion and general administration had N21.1 billion.

The Speaker, Alhaji Salihu Maidaji, said that the lawmakers would ensure swift passage of the budget to maintain the frequency of development in the state.

Meanwhile, the Assembly has proceeded on a recess from Dec. 25 to Jan. 7, 2019 end of second quarter 4th session to enable members celebrate the Christmas and New Year.

Tags: Aminu Tambuwal
Previous Post

Lalong presents 2019 budget of N148.7bn to Assembly

Next Post

Troops repel Boko Haram attack in Yobe

Related Posts

US Sanctions Three Nigerian Bureaux de Change, Citizen, Others Over Alleged ISWAP Financing
Economy

US Sanctions Three Nigerian Bureaux de Change, Citizen, Others Over Alleged ISWAP Financing

June 23, 2026
Amid Nigeria’s Naira Dwindling Fortunes, S/A’s Rand Strengthens To 20-Month High
Economy

Pound Tumbles Towards Yearly Low Over UK Political Crisis

June 22, 2026
Nigeria Dominates Stablecoin Inflows In Sub-Saharan Africa-IMF
Economy

Nigeria Dominates Stablecoin Inflows In Sub-Saharan Africa-IMF

June 16, 2026
Amid Tight Monetary Policy Measures, Nigeria’s Inflation Rises To 21.82% 
Economy

Amid CBN’s Mop-Up Exercises Inflation Rises To 15.93 percent In May

June 15, 2026
Next Post

Troops repel Boko Haram attack in Yobe

Ahead Of Agreed Minimum Wage, President Tinubu To Send Bill To NASS, Takeaways From Anniversary Broadcast

FG Welcomes US Sanctions On Alleged Terrorism Financiers In Nigeria, Says No Safe Haven In Financial System

June 24, 2026
Heatwaves Trigger Massive Poultry Losses Across France

Heatwaves Trigger Massive Poultry Losses Across France

June 24, 2026
LPPC Suspends Mike Ozekhome From SAN Rank

LPPC Suspends Mike Ozekhome From SAN Rank

June 24, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version