Gombe prioritises works, trade, housing ahead of education
Gombe State Governor Muhammadu Yahaya on has proposed the sum of One Hundred and Fifty-Four Billion, Six Hundred and Ten Million, Six Hundred and Fourteen Thousand Naira (N154,610,614,000.00) with Works, Trade Industry and Tourism, Housing taking the lead.
Presenting the 2022 fiscal year document tagged budget of consolidation, at the state house of assembly, Yahaya revealed that the budget has take care of crucial areas of the the economy especially the teeming population.
According to him, The budget is made up of Sixty-Nine Billion, One Hundred and Seventeen Million, Two Hundred and Fourteen Thousand Naira (N69,117,214,000.00) for recurrent expenditure representing 44.7% of the total budget, and Eighty-Five Billion, Four Hundred and Ninety-Three Million, Four Hundred Thousand Naira (N85,493,400,000.00) for capital expenditure which represents 55.3% of the budget sum.
“This is envisaged to be financed by an estimated recurrent revenue of Seventy-Three Billion, Six Hundred and Twenty-Six Million, Seven Hundred and Eighty-Nine Thousand Naira (N73,626,789,000.00) and capital receipts of Seventy-Nine Billion, Eight Hundred and Sixty-Five Million Naira (N79,865,000,000.00) and an estimated closing balance of Four Billion, Eight Hundred and Eighty-One Million, One Hundred and Seventy-Five Thousand Naira (N4,881,175,000.00),” he said.
Explaining how resources would be shared in 2022, the governor outlined works, trade, industry and tourism, housing, water resources, health, education with local government and chieftaincy affairs getting the least.
He revealed that works sector is a priority for his administration due to the need to tackle the dilapidation of infrastructure stock as well as completion of abandoned projects.
Yahaya said, “Works and Infrastructure The document will guide our infrastructure plans and implementation. For this, the sum of Twenty Billion, Nine Hundred and Ten Million Naira (N20,910,000,000.00) is earmarked for this sub-sector. Today, most of these projects have either been completed or are at various stages of completion. I have also given approval for the preparation of a 30-year Gombe State Integrated Infrastructure Master Plan (GSIIP).
“Trade, Industry and Tourism: In this regard, the sum of Ten Billion, Nine Hundred and Thirty Million Naira (N10,930,000,000.00) is earmarked for investment in this sector in order to deepen our efforts.
“Housing and Urban Development; For this initiative, the sum of Seven Billion, Four Million Naira (N7,004,000,000.00) is proposed for investment for the Housing and Urban Development sub-sector in the 2022 fiscal year.
“Water Resources Six Billion, Two Hundred and Thirty-Eight Million, Six Hundred Thousand Naira (N6,238,600,000.00) is allocated for investment in the 2022 fiscal year.
“Health: We shall continue with these efforts of improving access to quality healthcare services to the people of Gombe state and the sum of Six Billion, Twenty-Seven Million, Five Hundred Thousand Naira (N6,027,500,000.00) for investment in the 2022 fiscal year.
“The sum of Two Billion, Seven Hundred and Seventy-Eight Million, Two Hundred Thousand Naira (N2,778,200,000.00) is earmarked for investment in the 2022 fiscal year for Basic Education and the sum of Three Billion, One Hundred and Sixty-Two Million Naira (N3,162,000,000.00) for Higher Education totalling 5,940,200,000
“We shall continue with these collaborations and fine-tune the processes as the situation might warrant. The sum of One Hundred and Fifteen Million Naira (N115,000,000.00) is proposed for investment in this sub-sector for Local Government and Chieftaincy Affairs.”
