By: Reuben Egba,
The Hon. Commissioner of the Plateau State Ministry of Budget and Economic Planning, Hon. Chrysanthus Dawam has explained that, Plateau State 2024 Budget Estimate is higher than that of 2023 because, the Green Cap administration being led by Governor Caleb Manasseh Mutfwang (Esq) is poised to implement a budget that would impact positively in the lives of citizenry.
The Commissioner who gave this explanation during 2024 Budget Breakdown at the Conference Hall of the Cabinet Office, Jos, on the 19th January, 2024 said, “My dear citizens of Plateau State , it may interest you to note that the 2024 approved estimate is higher than the 2023 budget with One Hundred and Sixty-Four Billion, Nine Hundred and Three Million, Eight Hundred and Thirteen Thousand, Nine Hundred and Sixty-Two Naira (N164,903,813,962.00) only, reason being that the present administration is poised to implement a budget that could impact positively in the lives of citizenry”.
According to him, “The Plateau State Government’s (PLSG) budget was prepared against the backdrop of challenging domestic economic environment. This prevailing environment is characterized by:
- Slow Economic Growth.
- Persistent inflationary pressure promoting the inherent negative impact on markets of goods and services.
- Constraint Investment Spending.
- Supply-Chain disruption of essential commodities, and
- Rising political tension, including the insurgency attacks and banditry with severe implications on food and energy prices”.
Hon. Chrysanthus Dawam further added that, “The Time is Now administration under the able leadership of His Excellency, the Executive Governor of Plateau State, Barr Caleb Manasseh Mutfwang tagged the Budget as, “Budget of New Beginning”, is aim at laying a solid foundation for the peace and prosperity of the state and will be anchored on the Seven Point Thrust of the Green Cap Administration”.
The Ministry explained that the Government being led by Governor Mutfwang under the 2024 state Budget has the intention of addressing the security challenges the state is facing.
The Commissioner said, “Similarly, the intention and desire of the government is to address the current security challenges of the state as well as infrastructural and human capital development deficit within available resources.
“Again, to ensure that government revenue is judiciously managed, government has mandated all revenue generating MDAs to synergize and ensure that accountability and transparency is observed in all the processes”.
According to the Budget Breakdown, the Plateau State 2024 budget has a size of Three Hundred and Fourteen Billion, Eight Hundred and Fifty-Five Million, One Hundred and Forty-Eight Thousand, Five Hundred and Fifty-Three Naira (314,855,148,553.00) only.
This amount consist of a Recurrent Estimate of One Hundred and Sixty-Two Billion, Three Hundred and Twenty-Five Million, Seven Hundred and Thirty-Three Thousand, Five Hundred and Sixty-One Naira (N162,25,733,561.00) only.
Representing 51.55% of the total budget size and capital estimate of One Hundred And Fifty- two Billion, Five Hundred and Twenty -Nine Million, Four Hundred and fourteen thousand, Nine Hundred and Ninety- two Naira(52,529,414,992.00) only representing 48.44% of the total budget size.
The total budget indicates an increase of One Hundred and Sixty- Four Billion, Nine Hundred and Three Million, Eight Hundred and Thirteen Thousand, Nine Hundred and Sixty-Two Naira(16,903,813,962.00) only over the 2023 approved budget estimate.
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