Gov. Hyacinth Alia of Benue on Friday signed the state N225.7bn 2024 budget into law.
Performing the ceremony at the Old Banquet Hall in Makurdi, Alia said the budget was made up of N110.4billion recurrent expenditure, representing 48.9 per cent N115.2billion capital expenditure, representing 51.1 per cent.
He said that the budget christened, “Budget of “Infrastructure Development, Job Creation, and Poverty Alleviation had a deficit of N30bn representing 15.3 per cent.
The governor said the budget marked a significant journey toward progress in the state, saying it was a strategic development plan for a greater Benue that would be implemented in clear and unwavering commitment.
“It is a road map that will chart the course for the economy to flourish and enjoyment of life for the citizenry.
“We are determined to enhance accessibility for the citizen and it is a beckon of hope for job creation and for a resilient economy.
“We intend to stimulate the economy in small and medium businesses, virgin industry and create a conducive environment for economic growth, address poverty. It is a comprehensive approach to poverty by focusing on wellbeing of the people.
“As we embark on the implementation, we must do so by turning the plan into tangible results as it serves as a catalyst for a brighter tomorrow for Benue State,” he said. (NAN
