The Executive Governor of Jigawa State Alhaji Muhammad Badaru Abubakar has signed into law the revised 2020 budget of N124.357 billion which was recently passed by the state Assembly.
While signing the revised budget, the governor said the 2020 budget size is reduced by 19 percent, from N153.920 to N124.357 billion, a drop of N28.560 billion, due to the effect of Coronavirus pandemic on the economy.
The governor added that the 2020 local government budget is reduced from N72.500 billion to N56.200 billion, a drop of N16.300 billion.
Alhaji Badaru Abubakar added that Covid-19 has come with many challenges ranging from revenue declining, additional spending on health care, and drop of oil prices which necessitated the review of the 2020 appropriation bill.
The governor thanked the speaker and members of the Jigawa State House of Assembly and his technical team for their dedication and hard work for passing into law the revised 2020 budget within a short period of time.
He also thanked the people of Jigawa State for their prayers and support to the government of Jigawa state.
Source: Scoop Reporters
Spread the love