Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Gombe Assembly approves N108bn budget

31 January 2013, 11:30

Gombe - The Gombe State House of Assembly has approved a budget of N108 billion for the 2013 fiscal year.

This is contained in a statement issued by the Chief Information Officer of the House, Alhaji Abubakar Umar, on Wednesday in Gombe.

The statement said the approval of the budget followed the adoption of the report of the House Committee on Appropriation.

According to the statement , the approved budget shows an increase of N320 million over the initial proposal of N107.8 billion presented by Gov. Ibrahim Dankwambo on Dec. 28, 2012.

It said the lawmakers increased the expected internally generated revenue by N20 million and extended Value Added Tax (VAT) to N300 million.

It explained that N202.1 million was allocated to some ministries that were in need of more funds, while the remaining N117.9 million was used to reduce the budget deficit to N4.7 billion.

The statement explained that N66.1 billion, representing 61 per cent was for capital expenditure while the recurrent expenditure would gulp N44.9 billion, representing 39 per cent of the budget.

"The budget will be principally funded through recurrent revenue of N50.4 billion and capital receipts of N59.7 billion.

"The committee recommends that all revenue generating agencies should block leakages and tap the untapped revenues of the state," it said.

The statement said the legislators directed every ministry to discharge its statutory functions and that the Ministry of Finance should consider all approvals and release cash backing to all ministries, departments and agencies in good time.


Tags gombe budget

Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Submitted by
Cfleaf Cleaf
Acting ADSU VC suspends collectio...

The Acting Vice Chancellor of the Adamawa State University, Mubi, said that the University Senate under his administration has suspended the N1000 fees slammed on students for Entrepreneurship Programme. Read more...

Submitted by
Samson Chinedu Nwafor
Ebonyi Militants invasion: IGP or...

The Inspector General of Police, (IGP) Solomon Arase has ordered the deployment of armored boats to riverine areas in the boundary of Ebonyi and Cross River States to checkmate activities of hoodlums. Read more...

Submitted by
Peregrino Brimah
Buhari must investigate the Turke...

A senior adviser to Turkish Prime Minister Recep Tayyip Erdogan discussed shipments of weapons to Nigeria with the 50% government owned national Turkish airline, according to the leaked conversation. Read more...

Submitted by
Samson Chinedu Nwafor
Ebonyi govt budgets N3bn to rehab...

Ebonyi state government said it has budgeted three billion naira for the rehabilitation of natives of the state who are hawking in major cities across the country. Read more...

Submitted by
Samson Chinedu Nwafor
Pro-Biafra agitators reject South...

MASSOB, one of the Biafra secessionist groups on Wednesday rejected the Southeast Governors' resolutions arguing that they did not address the major issue behind their agitation.  Read more...

Submitted by
Don Tommy
Nnamdi Kanu - Beyond the propagan...

For anyone following events in Nigeria today, some of the things easily heard are Nnamdi Kanu and Radio Biafra was preaching hate but not too many take time to look at the message in detail. Read more...