Gov. Muhammad Badaru of Jigawa on Wednesday presented a N177.8 billion budget for the 2022 fiscal year to the State House of Assembly for considerations.
Presenting the appropriation, tagged: “Budget of Consolidation for Sustainable Socio-Economic Development,” Badaru said the budget had proposed 51 per cent for capital investments.
“The budget is N21.2 billion or 13.5 per cent against N156.5 billion budgeted for the 2021 fiscal year.”
He said the budget had proposed N83 billion for recurrent expenditure and N91.1 billion for capital investments while N3.5 billion for contingency and stabilisation funds.
According to him, N120.75 billion or 68 per cent will be accrue from recurrent sources including federal transfers and Internally Generated Revenue (IGR).
The governor said the remaining N57.1 billion or 32 per cent was expected to accrue from various capital receipts.
Badaru said that personnel cost was expected to gulp 30 per cent or N53 billion of the budget, adding that N85.88 billion or 48 per cent had been proposed to education and health sectors.
“Education sector as a whole is allocated almost N57.18 billion representing about 32 per cent of the total budget which exceeds UNESCO’s Education for All prescription of 26 per cent allocation to Education while the health sector is earmarked N28.7 billion equivalent to slightly over 16 per cent of the total proposed budget that also surpassed the 15 per cent prescription of the Abuja Declaration,” he said.
The governor said that the total projected income for the funding of the fiscal plans of the 27 local governments totalling about N73.73 billion including envisaged receipts from Federal and State Transfers, Local IGR and Capital Receipts.
“Personnel Cost including Local Government contribution to Local Education Authorities (LEAs) and Primary Healthcare Centres (PHCs) staff put at N34.5 billion.
“Overheads and other recurrent expenditure including some of the recurrent deductions at N13 billion, and Capital Development Projects and Programme amounted to N22.18 billion and N4.05 billion Contingency Provision,” he added.
In his remarks, Speaker, Alhaji Idris Garba, said that the legislators would try their best to pass the budget within a shortest possible time.