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Tambuwal presents 2023 budget

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From ANENE AIKE, Sokoto

The Sokoto State Governor. Hon. Aminu Waziri Tambuwal, has presented the year 2023 budget proposal to the Sokoto State House of Assembly which he said it is in line with the constitutional requirement of the Federal Republic of Nigeria.

 

The governor described it as another milestone in his administration’s remarkable successes in the quest for the overall growth and development of the state, through painstaking transparency, accountability and efficient service delivery.

 

He pointed out that the 2023 budget proposal is for the consideration and subsequent approval by the honorable House, for the betterment of the entire citizens of Sokoto State.

 

Tambuwal stated that the year 2022 has been a period of accomplishments in the socio-economic life of the state, despite numerous challenges faced by not only Sokoto State and Nigeria but the world as a whole.

 

Tambuwal also opined that the manifest social and economic impacts of the Ukraine-Russia conflict, climate change, insecurity, occasioned by banditry, cattle rustling, kidnapping and armed robbery have had adverse effects on the economic activities of the entire nation and the Northwest zone of Nigeria.

 

He pointed out that it is gratifying that despite this gloomy picture, his administration has endeavored to navigate through the situation as a government and people, especially in response to the spillover effects of climate change and the Russia-Ukraine War, which have caused strains on its healthcare sector.

 

The Governor disclosed that this is the last budget to be presented in the Sokoto hallowed chamber by his administration and will in the coming fiscal year 2023 lay more emphasis on completing ongoing projects especially legacy projects even as this is his last budget to be presented in the hallowed chamber.

 

Tambuwal also opined that he will  continue to accord priority to education, health, environment and agriculture, with emphasis on dry season farming and irrigation in order to augment the deficit that may arise in the rainy season and the scarcity caused by the prevailing state of insecurity.

 

The Executive Governor, Sokoto State , Rt. Hon. Aminu Waziri Tambuwal said the 2022 Budget is tagged “Budget of consolidation and finishing strong”, to symbolize the change of guard in the administration and also signify its realistic approach to fiscal policy.

 

He stated that the 2022 budget was the expression of the desire of the people of the state, through a meticulous process of inclusion to ensure ownership and that the total budget size for 2022 as passed by the Honorable House was ₦188,429,495,847.63, including supplementary, consisting of capital and recurrent expenditure.

 

On the year l 2023 budget outlay, Tambuwal presented ₦198,501,095,129.88 which is higher than the current 2022 budget of ₦188,429,495,847.63  by N10 billion representing 26.7%.

 

That the increase in our 2023 budget proposal is attributed to the actual revenue collection of the current year and realistic anticipated increase in capital receipts even as he has been modest in his administration’s projection of various sources in line with prevailing realities and the realistic budget principle.

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