By; TINA PHINEAS, Yola
Governor Ahmadu Umaru Fintiri of Adamawa State has signed the 2021 budget of N140.034 billion into law.
The bill, tagged Budget of stability will ensure value addition and more infrastructural development in the state.
According to the governor, it is the first time in the state that capital expenditure surpassed the recurrent expenditure.
He said in order to enhance the lot of the youth and women, he has earmarked a whooping sum of N16 billion for them in the budget.
Fintiri thanked the state house of assembly for their immense support and patriotism at ensuring that the budget was scrutinized and passed on record time.
“We enjoyed the privileged support of the house of assembly members who placed the interest of the state first before any other interest,” the governor said.
He promised to address the decline wrought on the economy by the COVID-19 pandemic in order to impact the lives of all and sundry noting that without concrete dividends, democracy will cease to have meaning to the people.
Fintiri pledged to take development to every nook and cranny of the state in his bid to ensure democracy dividends are enjoyed by all.
New Nigerian reports that state house of assembly after careful scrutiny had passed the budget into law on Thursday, 24 December, 2020.