Showing posts with label N175bn. Show all posts
Showing posts with label N175bn. Show all posts

Tuesday, December 30, 2014

Shettima presents N175bn budget for 2015

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.