Supplementary Budget: Adamawa Sets N55.5bn for 2024

The Adamawa State Government has approved N55.5 billion as a supplementary budget for the 2024 financial year.https://adamawastate.gov.ng/

The state Commissioner for Information and Strategy, Neido Kofulto, said this while briefing journalists on the development on Tuesday in Yola.

She said the  budget was part of the emergency executive council meeting presided over by the state deputy governor, Prof. Kaletapwa Farauta.

According to her, the supplementary budget is necessitated by the need to capture and finance projects initially not captured in the main budget.

She said, “The council resolution on the supplementary estimate will soon be presented to the State House of Assembly for ratification and approval.’’

Also, the state Commissioner for Budget and Planning, Emmanuel Piridimso, said the budget was initiated to finance other additional projects as the state finances had reasonably increased.

According to him, the ministries captured in the supplementary budget are the Ministry of Education, Women Affairs, Commerce and Industries, and Works and Energy Development, among others.

The government presented an appropriation estimate of N225.8 billion on December 9, 2023.

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(NAN)