Nasarawa State Assembly Approves Supplementary Budget of ₦156.6 Billion

The Nasarawa State House of Assembly has taken a significant step towards boosting the state’s economy by passing a Supplementary Appropriation Bill of ₦156.6 billion into second reading. This move aims to enable the state government to embark on critical capital projects.

Reasons Behind the Approval

According to House Majority Leader Suleiman Yakubu Azara, the state government’s increased cash flow from the Federation account and NGCARES projects warrants the approval. This additional funding will be utilized to execute vital capital projects, driving growth and development in the state.

Support from Assembly Members

Solomon Akwashiki, representing Lafia Central constituency, and Hajara Danyaro, representing Nasarawa Central, expressed their support for the bill. They highlighted Governor Abdullahi Sule’s impressive track record in infrastructural development, demonstrating the need for more funds to transform the state.

Total Budget for 2024

If the bill is approved, the total budget for Nasarawa State in 2024 will amount to ₦356.5 billion, considering the initial ₦199.8 billion presented in December last year.

Next Steps

The House Committee on Finance will submit its report next week, determining whether to approve the state government’s demand. This decision will significantly impact the state’s economic landscape.

The passage of this bill demonstrates the state government’s commitment to accelerating development and improving the lives of Nasarawa residents.