• Contact Us
  • About Us
Tuesday, June 17, 2025
  • 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 News

Plateau assembly passes 2019 appropriation bill of N153.6 billion

metro by metro
March 28, 2019
in News
0
0
SHARES
0
VIEWS

Plateau House of AssemblyThe Plateau House of Assembly on Thursday passed the 2019 Appropriation Bill of over N153.6 billion, following the presentation of a report by the House Committee on Appropriation.

The budget is made up of N85.5 billion recurrent expenditure as well as N68. 6 billion capital expenditure.

Read Also

Kayode Akinyemi Loses Mother

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

The News Agency of Nigeria (NAN) recalls that Gov. Simon Lalong, on Dec. 24, 2018, presented a budget of over N148.7 billion for the 2019 fiscal year to the house for consideration.

The bill tagged “Budget of Rescue and Infrastructural Growth” had over N83.4 billion representing 56 per cent as recurrent expenditures, while capital expenditures was over N65.3 billion, representing 43.9 per cent.

The house had on Jan 23, committed the bill to its committee on appropriation for scrutiny and necessary recommendations.

According to committee Chairman, Yahaya Adamu, the committee, in conjunction with other relevant ones, invited all the Ministries, Departments and Agencies (MDAs) to defend their proposals.

“Mr. Speaker, you will recall that on Jan 23, the 2019 appropriation bill was committed to the committee on appropriation for consideration and scrutiny.

“A budget size of over N148.7 billion was presented to us, but after due consideration, the committee decided to recommend over N153.6 billion as the total budget size.

“Capital expenditure will take over N68.6 billion and the recurrent expenditure is allotted over N85.5,” he said.

The committee in its recommendation advised the State Government to ensure timely release of overhead costs to the various MDAs to ensure productivity and effectiveness.

The house later dissolved into committee of the whole, considered the report and made necessary observations and corrections.

Speaker of the Hosue, Mr Joshua Madaki, announced the approved budget of over N153.6 billion.

Tags: Plateau House of Assembly
Previous Post

Oil prices dip after U.S. crude stocks climb

Next Post

Pension: President Buhari pledges to restore dignity of retired public servants

Related Posts

Kayode Akinyemi Loses Mother
News

Kayode Akinyemi Loses Mother

June 16, 2025
Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 
News

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

June 12, 2025
Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General
News

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

June 12, 2025
Trump
News

Protests Spread Across US Despite Trump’s Threats

June 12, 2025
Next Post

Pension: President Buhari pledges to restore dignity of retired public servants

FTS: High Charges, Higher Profits: How Nigerian Banks Feed Fat On Customers

Analysts Applaud CBN On Forbearance, Shareholders Weigh Options As New Report Identifies Banks

June 17, 2025
Dollars

Israel-Iran Conflict May Trigger FDI Decline In Nigeeia, Ghana- Report

June 16, 2025
Nigeria Signs South Korea’s Daewoo To Fix Kaduna Refinery

Nigeria Misses OPEC Quota, Records Third Decline In 2025 Despite FG’s Pledge To Tackle Challenges

June 16, 2025
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