Plateau Gov, Lalong signs N139bn 2017 Appropriation Bill

Governor Simon Lalong of Plateau State, on Wednes­day, signed the 2017 budget of N139,494,308,256 into law.
Signing the budget, Lalong said, the “Budget of Rescue and Confidence Building” will build and sustain the confidence of the citizenry in Govern­ment.
“As we avail them the opportunity of practically assessing our value addi­tion to the process of Gov­ernance. We will ameliorate the challenges being faced in all critical sectors of our economy, and provide the avenue for sustainable live­lihood for our people.
“The areas of our com­parative advantages in a competitive global econ­omy will be enhanced through the implementa­tion of this Budget, as we exploit and explore our natural resource and create a market for all our citizens, who have been encouraged to productively engage in all the Agricultural Value Chains, and the Micro, Small and Medium Enter­prise Development Pro­grammes put in place.
“It is in the light of this that we engaged the zero budgeting model in order to ensure that projected ex­penditures are prioritized on a scale of preference, and made to match with projected revenue inflows and receipts.
According to him, the Recurrent Expenditure of N69,362,699,295, repre­senting 49.64% of the Bud­get and a Capital Expendi­ture of N70,131,608,961, representing 50.36% of the Budget size.
He maintained that the aforementioned budget size shows an increase of N6,792,011,961, that is 4.87% increase from what was initially presented to the House.
“This reflects, in the best judgment of the House, ad­justments to certain areas which deliberations have favoured the improvement in the allocations,” he fur­ther explained.
“With the signing of the Appropriation Bill into Law, all is now set for the aggressive mobilisation and mopping-up of all revenues that are derivable, from ev­ery revenue yielding source across all sectors of our economy; and the applica­tion of same appropriately, so the Budget Projections can be realised.
The Governor called on all critical stakeholders within the Budget imple­mentation chain in Gov­ernment, to ensure that the Budget is implemented with strict fiscal discipline.

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