Connect with us

News

Plateau Allocates 7% Of Its 2024 Budget To Agriculture.

Published

on

Mutfwang calls For Harmony In The Middle Belt

The government has allocated N12 billion, representing 7.89% of the 2024 budget, to the State Ministry of Agriculture and Rural Development in order to support agricultural activities in Plateau State. This money will be used to help with equipment procurement and farming input purchases, among other things.

This amount is for the State College of Agriculture, the Plateau Agricultural Development Project (PADP), the Plateau Agricultural Mechanization Service Company, and the Ministry to cover capital expenditures.

The amount is higher than the sum of N2.9bn which was allocated for the same subsector last year.

The State Commissioner for Budget and Economic Planning, Chrysanthus Dawam disclosed these during the 2024 Budget Breakdown held at the Cabinet Office in Jos.

Dawam also stated that the sum of N15,988,944,484.00 representing 10.48% of the total budget is allocated to the Water, Sanitation and Energy subsector to enable the government to execute water-related projects in the State.

He said, “… The government desires to address the current security challenges as well as the infrastructural and human capital development deficit within available resources. To ensure that government revenue is judiciously managed, the government has mandated all revenue-generating MDAs to synergize and ensure that accountability and transparency are observed in all the processes.

“The budget has a size of N314,855,148,553.00 only, it consists of a recurrent estimate of N162,325,733,561.00 only representing 51.55% and capital estimate of N152,529,414,992.00 only representing 48.44% of the total budget size…

“The administrative sector has N33,381,651,445.00, the economic sector has N93,066,272,180.00, Law and Justice sector has N7,025,607,600.00 and the social sector has N19,055,883,767.00…”

He called on all Ministries, Departments, Agencies, and MDAs to follow the fundamentals of budget implementation and to seek advice from the Ministry of Budget and Economic Planning as needed. He also urged stakeholders, such as Civil Society Organizations (CSOs), to keep an eye on and evaluate the projects to make sure they are carried out in accordance with the specifications.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *