Gov. Kashim Shettima of Borno on Tuesday presented a budget
proposal of about N175 billion for the 2015 fiscal year to the state House of
Assembly in Maiduguri for approval.
Shettima said that the proposal, tagged `Budget of
Fulfilment', comprised N62 billion recurrent and N113 billion capital
expenditures.
He explained that the budget would be financed through N98
billion Statutory Allocation, N39 billion Internally Generated Revenue and N38
billion Capital Receipts.
Shettima said that the budget was aimed at completing all
ongoing projects and introducing viable ones that would have positive impacts
on the lives of the citizenry.
``The main target is to improve the living standard of the
people and boost the economy of the state.
``The budget is aimed at mobilising available resources to
ensure the attainment of targeted goals,'' he said.
The Ministry of Works got the highest allocation of N23
billion in the budget as Ministry of Health got N17 billion and the Ministry of
Education N14 billion, to place second and third respectively.
Others included the Ministry of Higher Education, N12
billion and the State Universal Basic Education Board (SUBEB), N11billion.
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