x

Taraba to reduce dependence on FAAC

By Danzumi Ishaku, Jalingo.

To achieve the 2023 budget, in Taraba state, the government of Taraba said it has stepped up her attempts in the mobilisation of revenue to reduce dependence on the Federal Account Allocation Committee (FAAC).

The commissioner of Budget and Economic Planning, Solomon B. Elisha, stated this on Tuesday while briefing media in Jalingo the headquarters of the state capital. The state approved budget under the administration of Governor Ishaku for 2023, also debunked the allegations that the governor has indebted the state to the tune of over N200 Billions.

The commissioner whom Daybreak news noticed could not make public the present debt status of the state, urged the people to disregard the claim that Ishaku has catapulted the state debt profile to the height.

Alleging that the allegations are emanating from the opposition’s coffers, the 2023 approved budget of the state, as stated by him, is based on some macroeconomic assumptions among which includes the “United States Dollar exchange rate to N435.57.”

Others, as listed out by  him, include the “International oil price benchmark of $70.00  per barrel, National Inflation rate of 17.16% and GDP growth of 3.75%” to mention but just a few.

Hon. Solomon Elisha noted that the timely passage of the Appropriation Law 2023 and assent into law is vital for the completion of government critical ongoing projects and transition to new administration in the state.

The budget, according  to him “will be achieved through “improving revenue mobilisation through blocking of leakages and emphasising new sources.”

Other measures which he believed would be put in place to achieve the revenue projections of the budget, are via the Creation  of fiscal space for infrastructural development, ensuring sustainable deficit and debt levels, as well as Strengthen, Monitoring and Evaluation.

Claiming that the incumbent state governor has successfully lifted Tarabans out of the dungeon of poverty, said the achievement was made possible by the human face policies put in place by Ishaku.

Hot this week

Video of Femi Kuti defending Wizkid resurfaces amid Seun Kuti feud

A resurfaced video of Femi Kuti speaking positively about...

DSS Arrests Malami After Release from Kuje Prison

Former Attorney General of the Federation and Minister of...

Bayelsa Community Apprehends Bricklayer Over Alleged Defilement of 12-Year-Old Stepdaughter

Residents of Obunagha Community in Yenagoa Local Government Area...

FCT polls: Court orders INEC to publish ADC candidates’ names

An Abuja Federal High Court has ordered the Independent...

Alleged N4tr debts: 1,000 CSOs back local contractors protest against FG

***demand resignation of Finance Minister, Uzoka-AniteNo fewer than one...

Dogara Steps Into the Spotlight as Nigeria Seeks Unity

Since independence in 1960, Nigeria’s politics has been shaped...

KEDCO, Labour Unions Suspend Industrial Action After Agreement on Workers’ Benefits

The Kano Electricity Distribution Company (KEDCO) and labour unions...

Delta APC Stakeholders Meet in Asaba, Emphasise Unity, E-Registration, Congress Preparation

Stakeholders of the All Progressives Congress (APC) in Delta...

Bayelsa Governor Welcomes 1,236 NYSC Corps Members, Urges Discipline and Responsible Conduct

Bayelsa State Governor, Senator Douye Diri, has received 1,236...

Oborevwori Urges NYSC Corps Members to Uphold Safety, Discipline, National Unity

Delta State Governor, Sheriff Oborevwori, has urged members of...

Gyang Dung Gyang Condemns Killing of Miners in Kuru, Calls for Urgent Security Action

Gyang Dung Gyang, a Peoples Democratic Party (PDP) aspirant...

ITF Director, 21 Others Certified as City & Guilds International Examiners

The Industrial Training Fund (ITF) has certified a director,...

Related Articles

Popular Categories

spot_imgspot_img