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52% for capital, 48% for recurrent as Fintiri signs 2021 budget into law



History was today made in Adamawa State as governor Ahmadu Umaru Fintiri signed the 2021 budget of N140.034 billion into law.

Dissecting the budget, the governor said it is the first time in the state that the capital expenditure surpassed the recurrent expenditure.

Accountant General

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.

The governor said the budget christened “budget of stabilization” will ensure value addition and more infrastructural development in the state.

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.

The governor promised to take development to every nook and cranny of the state in his bid to ensure democracy dividends trickle down to every nook and cranny of the state.

The state house of assembly after scrutiny and due diligence, passed the budget on Thursday.

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