The News Agency of Nigeria (NAN) reports that the figure showed an N8.122bn increase from the N108.074billion presented by the state governor.
The passage followed the presentation of the report of the Committee on Appropriation and Planning on the 2017 budget.
Tagged the “Budget of Consolidation,’’ the law set aside N48.217billion for recurrent expenditure, as against N48.047billion and N67.978billion for capital expenditure and N60.026billion budgeted by the executive.
The Chairman of the Committee, Mr Muhammad Lokogoma, said the adjustments were made in areas critical to the policy direction of the present administration, with the belief of sourcing for more revenue to finance them.
“In its desire to consider increases in some critical areas, the committee looked into various sources of revenue and discovered that improvement could be made from statutory allocation and internally generated revenue.” he said.
Lokogoma said the committee expressed dismay over the lack of synergy between the Planning Commission and the Ministry of Finance in information sharing for proper planning.
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“The Committee observed with dismay the lack of synergy between the Planning Commission and the Ministry of Finance in information sharing.
“The committee, therefore, recommends that the two ministries be reorganised so as to have a complementary role in budget planning,” he said.
The Speaker of the House in his remark, Alhaji Ahmed Marafa, thanked the committee members for working tirelessly towards the passage of the law.
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