By Christiana Gokyo, Jos
The sum of one hundred and forty-six billion, four hundred and six million, seventy-four thousand, nine hundred and twenty-one naira (N146,406,074,921.00) only 2018 appropriation bill has been signed into law by the Plateau State Government.
Signing the bill by Governor Simon Lalong of Plateau State at Government House Little Rayfield Jos, on Tuesday, the governor explained that the sum of N70,505,477,530.00 only, representing 48.16 percent is earmarked for capital expenditure, while 51.84 percent is earmarked to be spent as recurrent expenditure, amounting to the sum of N75,900,596,391.00 only.
Barr. Lalong said on the 20th of December 2017, he presented to the people of Plateau state on the floor of the House of Assembly a budget christened a “Budget of Rescue and Consolidation.”
He said, this shows an increase of the sum of N918,008,569.00 only, representing 0.63 percent from the initial amount budgeted, adding that, the increase was as a result of the inclusion of constituency projects and other critical areas of needs that warrant such expenditure.
According to him, this was in fulfillment of Section 121, Sub section 1 of the 1999 constitution of the Federal Republic of Nigeria, as amended, which was an estimated of the sum totaling N145,488,066,352,00 only, for the 2018 fiscal year.
Governor Lalong called on all agencies of government to rise to challenge of remitting all revenues appropriately, adding that, there is the need for the people to reciprocate by paying their taxes and other levies as at when due.