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Benue Assembly Passes N199.7bn Appropriation Bill - Politics - Nairaland

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Benue Assembly Passes N199.7bn Appropriation Bill by edunwablog: 1:05pm On Mar 29, 2019
The Benue State House of Assembly has passed into law the 2019 Appropriation Bill amounting to N199.7 billion.

The House passed the 2019 budget, christened ‘Security, Peace and Prosperity in Benue State: For A Collective Vision Of A New Benue’, during plenary on Thursday.

Titus Uba, speaker of the Assembly, who presided over the sitting, said the lawmakers passed the law after a clause-by-clause consideration of the budget proposal submitted to it by Governor Samuel Ortom, amounting to N199, 745, 043, 910 billion.


He stated that while recurrent expenditure stands at N109, 332, 990,118, capital expenditure is N90, 412, 053, 792, adding that the budget has a deficit financing, which is pegged at N40, 655, 026, 424.

Ubah, who expressed gratitude to his colleagues for the accelerated hearing and speedy passage of the bill, charged the state Ministry of Finance not to relent in releasing funds meant for public sector entities as at when due.


This, he said, would enable the various sectors carry out proper implementation of capital projects under their purview.

Meanwhile, sources of revenue for the 2019 budget shows that about N35, 245, 45, 930 is expected to be internally generated.

The House, therefore, urged the Benue State Internal Revenue Service (BIRS) to step up revenue generation in order to augment what comes to the state from the Federation Account.

https://www.akelicious.net/2019/03/benue-assembly-passes-n1997bn.html

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