Borno State Governor, Babagana Zulum Yeaterday presented a budget of N267billion for 2022 to the state House of Assembly for approval.

Presenting the budget tagged “budget of Hope for Post-Conflict Stability”, Zulum said that it was made up of N172 billion capital expenditure and N95 billion recurrent expenditure.

He noted that the budget was aimed at fast-tracking ongoing reconstruction of destroyed communities for safe and dignified resettlement of Internally Displaced Persons (IDPs), as well as provision of livelihood and social support to the people.

“The budget will be financed from anticipated recurrent revenue of N113 billion made of FAAC allocation and increased IGR, and capital receipts of N154 billion made up of loans and grants, ” he said.

READ ALSO: Northern govs react to Boko Haram attack on Zulum’s convoy

Zulum said the government plans to establish new technical schools, reconstruct and reopen some schools destroyed by insurgents in 2022.

“We will also establish Centres of Excellence which will involve identifying two existing secondary schools in each of the three Senatorial zones of the state and transforming the six schools to become of international standards,” he said.

See also  Kogi Guber: Group Wants Bello Screened Out Over Double Registration


Please enter your comment!
Please enter your name here