Business News

Plateau State Governor presents N295.4 billion budget for 2024 to State Assembly

The Governor of Plateau State Caleb Mutfwang, on Tuesday presented a budget proposal of N295.4 billion for the year 2024 to the State House of Assembly, seeking its approval.

During the presentation ceremony, Governor Mutfwang emphasized that the budget, named “Budget of New Beginnings,” aimed to establish a strong foundation for the state’s residents. The proposed budget is composed of N157.6 billion for recurrent expenditure and N137.9 billion for capital expenditure.

He further highlighted that the focus of his administration’s vision and mission is to address critical areas including security, agriculture, human capital development, public health, and various others.

Mutfwang affirmed that the budget’s financing would rely on Internally Generated Revenue (IGR), federal allocations, and other funding sources.

The Governor emphasized that the budget’s execution would prioritize the well-being of the people, aiming to have a positive impact on their lives. He earnestly appealed to the lawmakers to swiftly consider and pass the budget, seeking their understanding and cooperation.

The Speaker of the State House of Assembly, Mr. Moses Sule, assured a prompt approval of the budget for the benefit of Plateau’s citizens.

He also urged government Ministries, Departments, and Agencies (MDAs) to promptly engage with the house committees to facilitate the budget’s swift passage.