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Wednesday, December 7, 2022

Adamawa: Fintiri inflates 2023 budget from N145 billion to N175 billion

Governor Amadu Fintiri’s administration has made an upward review of its 2023 budget estimate from the initial projected amount of N140 billion to N175 billion.

• December 7, 2022
Adamawa State Governor, Ahmadu Umaru Fintiri
Adamawa State Governor, Ahmadu Umaru Fintiri

Governor Ahmadu Fintiri’s administration has made an upward review of its 2023 budget estimate from the initial projected amount of N140 billion to N175 billion.

Adamawa information commissioner Umar Pella disclosed this during an interview in Yola on Wednesday.

Mr Pella stated the upward review was factored around the anticipated increase in the quantum of expected revenue in 2023, adding that the increase in revenue would support the increase in expenditure.

He said the review was part of the recent executive council resolutions based on the economic analysis and understanding of the trajectory and history of the state budget performance in the last six years.

“The review is also aimed at enabling the execution of life-changing projects for the people of the state,” he said.

(NAN) 

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