16 February 2012

Nigeria: Yakowa Signs 2012 Budget

Kaduna — Kaduna State Governor Patrick Ibrahim Yakowa yesterday signed the 2012 appropriation bill after its passage by the State House of Assembly.

Signing the budget at the Government House, Yakowa called on the citizens of the state to be optimistic and patient with his government, promising that the budget would be fully implemented.

"The budget passed would be a great challenge to the executive arm as more projects would be implemented. The state revenue drive is very ambitious; hence the need for all revenue generating outfits to increase their efforts. That was the reason the State Board of Internal Revenue is being restructured to meet the aspirations.

"Most of the ongoing capital projects would exceed a year. With that, it would go beyond the 2012 budget for it was done on a 3-year Multi Plan Budget System," the governor said.

Earlier, the Deputy Speaker, Honourable Dogara Mato, explained that the House properly scrutinized the bill and made additions and subtraction where necessary.

Yakowa presented an appropriation bill of N154.3b to the House on December 15, 2011 but the lawmakers increased it and passed a bill of N159.3b yesterday.

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