Gov Masari signs 2020 revised budget of N213bn
Governor Aminu Bello Masari has signed a Bill on the Revised 2020 budget into law.
Alhaji Aminu Bello Masari signed the document before members of the State House of Assembly led by the speaker, Alhaji Tasi’u Maigari Musa Zango at the government house council chambers, Katsina.
The Governor noted that the review was necessitated by the fall in national revenue occasioned by the Covid-19 pandemic.
He explained that the budget was slashed from N244 billion to N213 billion in line with the fluctuations in the crude oil market.
Alhaji Aminu Masari explained that the budget review was based on an oil benchmark of $30 per barrel as against the pre-review benchmark of $57 per barrel.
He noted that the downward review mostly affected recurrent expenditure as the state government was determined to complete ongoing capital projects in key sectors as contained in the budget.
The governor urged stakeholders in the fight against Covid-19 to redouble efforts at curbing community transmission of the virus which has accounted for most cases in the state.
Earlier, Speaker of the State House of Assembly, Alhaji Tasiu Maigari said the legislature passed the 2020 Budget Review Bill in less than two weeks for prompt implementation.
He explained that provision was made to cover the fight against Covid-19 in the revised budget for government to take care of emergency infectious diseases in the state.
The commissioners of Finance and that of Budget, Alhaji Kasimu Abdul Mutallab and Alhaji Faruk Lawal Jobe witnessed the signing of the revised budget on behalf of members of the state executive council.
Hassan Muhammad Tukur
Katsina Gazette/ Fitilar Katsina
Ministry of information