Gov Ishaku presents N172.7b as 2023 budget appropriation bill
By Terna Chikpa, Jalingo
Taraba state Governor Darius Ishaku, on Tuesday presented a budget proposal of One Hundred and Seventy Two Billion, Seven Hundred and Thirty Four Million, Five Hundred and Thirty Seven Thousand, Four Hundred and Fifty Nine Naira (N172,734,537,459) to the state House of Assembly for the 2023 fiscal year, representing an increase of 15.32% over the 2022 budget.
The budget comprises of N74,556,829,088 representing 43.16% as proposal for recurrent expenditure and N98,177,708,371 representing 56.8% for capital expenditure.
The Governor while performing the exercise said the budget performance failed short of expectations due to certain unforeseen circumstances that affected governance like, the devastating effects of flood and insecurity.
“The budget is prepared at a very critical period because it is politically a transition budget and economically in consideration of the devastating effects of the flood, threats of banditry and other challenges.
“I do not take for granted the enormous help of the Taraba State House of Assembly towards the success of my administration. The success my administration has recorded is as a result of the collaboration and the good working relationship with the House.
“The significance of this budget is to further consolidate on the achievement so far and provide a robust take off for the incoming administration. The budget is premised on the global economic indicators and domestic realities.
“The budget is a product of interagency and inter-ministerial collaboration, extensive stakeholder engagement and deliberate public involvement,” Ishaku said.
Earlier, the speaker of the house, Prof. Joseph Albasu Kunini, expressed that the administration of Governor Ishaku, has witnessed unprecedented level
of development in the State in all ramifications.
According to the speaker, a total of 176 bills and executive orders were processed by the assembly for assent by the governor which became a record breaking history since the creation of the state.
He commended the transformation experience by the administration that has impacted positively in improving the socio-economic and political life of people in the state.
