Economy
Gov. Buni Presents N217 Billion For 2024 Budget To House Of Assembly
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Gov. Buni Presents N217 Billion For 2024 Budget To House of Assembly
By Haruna Yusuf, Damaturu
The Yobe State Governor, His Excellency Hon. Mai Mala Buni CON, has presented a budget of N217 Billion for the year 2024 to the state House of Assembly.
The budget tagged Budget of Consolidation and Economic Development, is geared towards completion of ongoing projects and funding new ones.
Governor Buni said the 2024 budget accords priority to key sectors and programmes with direct impact on the lives of the people.
The sum of N122.8 billion was allocated to Capital expenditure, while N94 billion was allocated to recurrent expenditure.
The state recorded an increase of N54 billion against the N163 billion budgeted for 2023.
Gov. Buni said education, healthcare and youth empowerment are given priority attention in the 2024 budget to improve the sectors.
“In the Agricultural Sub-sector we will establish two livestock development centres at Gurjiyaje and Badegana as contained in memorandum of understanding (MoU) signed with the Federal Government.
“The use of power tillers in agricultural production will be greatly enhanced through the procurement of cultivators, ridgers, planters, and improved seedlings for distribution to farmers. Efforts will also be made to provide modern storage facilities to support food security” he said.
According to the Governor the Youth Empowerment Farm Programme will be boosted to provide gainful employment opportunities to the youth through rain-fed crop production and irrigation development.
He said animal Health programmes will be improved through the provision of drugs and vaccines while animal production activities will be enhanced through artificial insemination, development of artisanal and aquaculture fisheries and reactivation of dormant hatcheries.