Education tops as Taraba gov presents N311.3 billion 2024 budget.
Taraba state governor, Agbu Kefas, on Friday, December 15, presented N311,388,525,661.96 as the 2024 budget to the state House of Assembly.
A breakdown of the appropriation bill, titled: “Budget of Moving Forward,” shows that N111,669,595,358.59 is for recurrent expenditure representing 39.5% while N199,708,930,303.37 is for capital expenditure representing 64.1% of the budget.
Based on the sectoral allocation, education has the highest share of N43,208,278,849.28 representing 13.9% of the budget.
Health follows with an allocation of N33,54,686,848.00k representing 10.6% and works which was allocated N24,804,232,263.17 representing 8.0% of the budget.
The governor said the budget was anchored on the five-finger agenda of his administration which include: education, security, women/youth development, infrastructure and health.
He explained that the budget will place specific focus on education including teacher training, improvement of schools and so on.
According to Kefas, 5% of the budget will be allocated to the Greening Taraba Project in order to preserve the natural beauty of the State and mitigate the effect of climate change.
Speaker of the House, John Kizito Bonzena, acknowledged the good working relationship between the executive and the legislature in the State. He assured of a speedy passage of the budget in order to keep up with the January-December timeframe.
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