File photoThe Yobe State Government has proposed to spend the sum of N92.182 billion for the 2018 fiscal year.
While presenting the 2018 appropriation and finance bills to the State Assembly, Governor Ibrahim Gaidam said the figure represents an increase of N9.6 billion or 10.4 percent above that of last year.
Tagged Budget of Consolidation and Socio-Economic Rejuvenation, the governor said his administration will ensure due process and accountability in the implementation of the budget.
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“In the 2018 Budget estimates, we propose to spend the sum of N92, 182,336,000. This figure represents an increase of N9, 616,019,000 or 10.4 per cent above that of the outgoing fiscal year,” he said.
The governor said of the said sum, 51.5 percent of the budget represents recurrent expenditure while 48.5 percent is for capital expenditure.
“In order to achieve our varied and far-reaching goals, we intend to spend the sum of N47, 447,905,000 or 51.
Yobe Government Proposes N92bn Budget For 2018
