By; JULIANA KATUNG, Kaduna
The Kaduna State House of Assembly has on Wednesday, 27th December 2017, passed a second, and third supplementary budget of about N18 billion in one day to be included in the year 2017 approved budget.
The House in an emergency sitting presided over by the Speaker, Alhaji Aminu Abdullahi Shagali in less than an hour approved the Sum of 1.5 billion as the second supplementary while the 17.16 million as the third supplementary budget.
The second supplementary budget is to be funded by already existing fund from the Agricultural Bank and will be used for commercial agriculture by purchasing farming machines for the state as well as settlement of the requested loans by farmers in the state.
The third supplementary is said to be funded by grants from Paris Club and loans that are to be collected from the Africa Development Bank and the Islamic Bank.
Speaking shortly after the passage, the chairman House Committee on information, Deacon Nuhu Goroh Shadalafiya said the House understands the fact that the state is short of funds and needed the already existing money from the Agriculture Bank as well as the loans which he said will go a long way in transforming the state.
According to him, the third supplementary budget of the sum of N17.16 million will be used for the ongoing water, roads projects among others.
While assuring the people of the state that the lawmakers will do every thing possible to ensure the release of the cash backing, he however encouraged the contractors to reciprocate the gesture of the government by going back to site to continue with the ongoing projects immediately the payment is made..
Kaduna Assembly Hurriedly Passes 2 Supplementary Budgets Of About N18bn
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