Posted by The budget for the fiscal year 2023 has been signed into law by Governor Ahmadu Fintiri of Adamawa State.
Following its approval by the Adamawa State House of Assembly earlier in the month, he gave his consent to the N175 billion budget on Friday.
Chief Crowther Seth, the deputy governor, and Pwamakeino Mackondo, the deputy speaker of the Assembly, attended the celebration at Government House in Yola.
Fintiri gave the state House of Assembly the same-amount appropriation measure for the fiscal year 2023 on November 25. The House of Assembly worked on the bill without making any significant changes and passed it on December 21. It was then given back to the governor for his approval.
60% of the budget, or N105 billion, is designated for recurring expenses, and 40%, or N70 billion, is designated for capital expenses.
The budget, dubbed “Budget of Consolidation,” is primarily focused on finishing all ongoing projects and beginning some new ones, according to the government. One such project is the construction of a super highway from the Yola entrance gate, along the Yola-Numan Road, to Yola town through Yolde-Pate.