News
Gov Lalong presents N160bn budget proposal for 2022 to State Assembly
Governor Simon Lalong of Plateau State on Thursday presented a budget proposal of about N166 billion for the 2022 fiscal year to the State House of Assembly for legislation.
The governor disclosed that the state government came up with the figure after due consultation with stakeholders.
The 2022 budget has a deficit of about N20 billion which Governor Lalong said will be financed with loans from the federal government and domestic banks.
The governor observed that the state government is burdened by the increasing debt profile, compelling him to cut down the budget proposal.
The governor called on the state lawmakers for a speedy passage of the budget proposal tagged: “Budget of economic recovery.”
The Speaker of the Plateau State House of Assembly, Rt. Hon. Nuhu Abok promised Governor Lalong of a quick passage of the budget. He, however, cautioned that the legislature would not tolerate ineptitude from accounting officers in the discharge of their responsibilities.
-
Comments and Issues5 days agoCan President Tinubu Revive Nigeria’s Moribund Refineries?
-
Business5 days agoTikTok, ByteDance agree to $400m settlement in US children’s privacy case
-
Business5 days agoTinubu knocks Atiku’s subsidy plan, says proposal shows ‘ignorance’ of economy
-
Entertainment1 week agoPoco Lee faces rape allegation as unverified UK arrest report spreads online
-
Latest1 week agoTinubu files: US Judge grants four-day extension in FOIA disclosure battle
-
Football5 days agoEPL 2026/27: Experts back Arsenal for title as Haaland, Rice lead individual award picks
-
Featured5 days agoEconomic Reality vs Party Machinery: What will drive Nigeria’s 2027 election?
-
Business1 week agoStandard Bank eyes stake in OPay ahead of planned $4bn US IPO


