98 billion 2021 supplementary budget into law.
The Speaker of the House, Balarabe Abdullahi, announced the passage of the bill into law after the Majority Leader of the House, Tanko Tunga, moved a motion to that effect during the House proceedings in Lafia, the State capital.
Balarabe Abdullahi commended the members for their commitment to ensuring the speedy passage of the bill into law.
The speaker said that the supplementary bill, if assented to, was to ensure the completion of ongoing projects in the State.
” The total size of the supplementary budget stands at N5, 975, 076, 812.
86 only with a recurrent expenditure of N3, 620, 618, 735.
86 only, while capital expenditure is N2, 354, 458, 077) only .
” A Bill for a Law to issue out of the Consolidated Revenue Fund of the State ( Supplementary Appropriation Bill) of the sum of N5, 975, 076, 812.
86 and a virement ( Re- Allocation/ Adjustment ) of 2,690,023,000 only for the services of Nasarawa State Government is read for the third time and passed,” he said.
The speaker directed the clerk of the House to produce a clean copy of the bill for Gov.
Meanwhile, the Majority Leader of the House, Tanko Tunga, moved a motion for the bill to pass the third reading.
The Minority Leader of the House, Abel Bala, seconded the motion.
The House unanimously passed the bill into law.
It would be recalled that on December 31, 2020, Gov.
Abdullahi Sule of Nasarawa State, had signed the State’s N115.
7 billion 2021 budget into law.
He said that the signing of the budget tagged “Budget of Economic Recuperation” would enable the State to begin the constitutional 12-months Budget circle, starting from January 1 and ending on December 31.
It would also be recalled that the Governor had on November 17 presented a budget of N112.
9 billion to the State House of Assembly for approval.
The lawmakers, however, raised the amount to N115.
7 billion, representing a 2.
48 percent increase.
Nasarawa State Assembly passes N5.
97bn 2021 Supplementary Budget into law