The Zamfara House of Assembly, on Friday, passed the 2024 Appropriation Bill of N426.5 billion.
The passage followed the adoption of the report of the House Committee on Finance and Appropriation, presented by its Chairman, Alhaji Halliru Abdullahi, during the plenary session.
The News Agency of Nigeria (NAN) recalls that Gov. Dauda Lawal recently presented a N423.5 billion Appropriation Bill to the house.
NAN reports that the proposed budget comprised N305.3 billion capital expenditure and N118.7 billion as recurrent expenditure.
Abdullahi, who represents Zurmi East Constituency, said the estimate passed by the assembly was higher than what the governor presented by over N3 billion.
“The committee after an interface with the various Ministries, Departments and Agencies (MDAs) for the defence of their estimates recommended N426.5 billion for passage.
“The sum of N304.8 billion was allocated to capital expenditure, while N121.7 billion was allocated for recurrent expenditure,’’ Abdullahi said.
The committee further recommended that the Ministry of Finance and that of Budget and Economic Planning shall be having regular meetings in order to strategise financial records and reporting of actual expenditures of MDAs.
He said that the committee found remarkable improvement in revenue generation projections from MDAs than that of 2022.
The lawmakers unanimously adopted the report thereafter.
The bill was also read the third time by the Clerk, Mahmud Muhammad, as directed by the Speaker, Alhaji Bilyaminu Moriki.
Moriki said the 2024 appropriation bill was passed as N426.5 billion from the consolidated Revenue Fund of the state, in respect of the year ending Dec. 31, 2024.
He expressed appreciation to the members of the committee and other lawmakers for their commitment and dedication which, he said, led to the timely passage of the bill. (NAN). READ ALSO:
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