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    Yari: Zamfara governor proposes N130.7bn budget for 2018

    Yari said out of the proposed amount, N46.4 billion was for recurrent expenditure while N84.3 billion was for Capital expenditure. The Zamfara State governor, Alhaji Abdul’Aziz Yari on Monday presented the 2018 budget proposal of N130.7 billion to the state House of Assembly for deliberation.The News Agency of Nigeria (NAN) reports that the proposed budget has an increase of N23b over the 2017 budget.Presenting the budget Yari said out of the proposed amount, N46.4 billion which represents 35.5 per cent was for recurrent expenditure while N84.3 billion which represents 64.5 per cent was for Capital expenditure.“By the end of August, the 2017 Budget performance in both revenue and expenditure stood at 57.39 per cent and this indicates that the sum of over N66.2 billion was expended from January to August, 2017.“Within the same period under review, the recurrent expenditure to the tune of over N34.8 billion was carried out, while the capital expenditure to the tune of over N30.6 billion was also carried out,” he said.

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