By: Ali Muhammed Zanna, Maiduguri Borno State Governor, Prof. Babagana Umara Zulum has signed a revised 2020 appropriation bill which was reduced b
By: Ali Muhammed Zanna, Maiduguri
Borno State Governor, Prof. Babagana Umara Zulum has signed a revised 2020 appropriation bill which was reduced by over 30 billion naira as response to economic realities caused by COVID-19 pandemic.
Gov. Zulum had in December 2019, presented a 2020 budget of 146, 894,223 Naira which was passed by the Borno state assembly. The Governor signed it in January 2020 with implementation began.
Between March and April 2020, a global health crisis caused by COVID-19 spread to Nigeria leading to closure and restricted operations of local and international airports, markets, government offices, schools and private businesses. The pandemic had drastically reduced international trade and Nigerias earnings which implied less federation account allocations to states.
It was in response to these, that Governor Zulum set up a committee to work towards increasing internally generated revenue and review the budget with focus on priorities.
The Governor on Monday in Maiduguri, signed into law, a revised budget of 108, 862,348 Naira which is 38, 031, 885 Naira less from the first budget he presented. There is now 36% reduction.
Governor Zulum in company of the speaker and other principal legislators, at the council chambers of the government house in Maiduguri, assured of effective implementation.