2018 Budget: Tambuwal Signs N220.5 Billion Into Law In Sokoto
Governor Aminu Waziri Tambuwal of Sokoto State on Wednesday, February 14, signed the 2018 budget recently passed by the State House of Assembly into law.
Tambuwal, while assenting the Appropriation Bill at a ceremony held at the Government House in Sokoto, promised to implement the N220.5 billion budget optimally for the benefit of the people of the state.
The budget sets aside 69.9 percent, or N152.8, for capital expenditure and N67.6 billion, representing over 30 percent, for recurrent expenditure.
For the third year running, the education sector got the highest allocation with 26.1 percent of the budget, followed by health sector with N20.932 billion, and agriculture with N16.535 billion.
N14.255 billion was allocated to Works and Transport while Lands, Housing and Survey got N11.560 billion.
According to him, despite the challenges the state faced in meeting revenue targets in the past, the government was hopeful of implementing the 2018 fiscal document.
“We are aware that the legislature has not tinkered with the overall budget size, even though they have reallocated some resources to different subheads, we are happy with that.
“We believe it is within the purview of your rights as legislators to do what you have done and we will implement it as passed,” the governor added.