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

NOA DG Felicitates Muslims on Eid-el-Fitr, Calls for Sacrifice, Unity,Tolerance

By Joyce Remi- BabayejuThe Director General of the National...

Dispute Emerges Over Reported Suspension of Senator Abaribe by Abia APGA

Questions have emerged within the All Progressives Grand Alliance...

Tinubu Orders Political Appointees Seeking Office to Resign by March 31

President Bola Ahmed Tinubu has directed all political appointees...

Renewed Hope Ambassadors Unveil Programme for South-South Summit in Asaba

The Renewed Hope Ambassadors have announced the programme for...

APC Chairman Yilwatda Condoles Kanam Emirate Over Deadly Attack on Security Team

The National Chairman of the All Progressives Congress (APC),...

Senator Nora Daduut Announces Passing of Sister Emelia Adakole

Former Plateau South Senator and Nigeria’s Ambassador to South...

Plateau Police Arrest 21 Suspected Cult Members, Detain Two Over Alleged Inciting Video

The Plateau State Police Command has arrested 21 suspected...

Plateau Youth Activist Pius Hoomen Sends Eid-el-Fitr Greetings, Urges Unity

Plateau-based youth activist and philanthropist Pius Hoomen has extended...

ActionAid Condemns Alleged Assault on Women at Ozoro Festival, Calls for Investigation

ActionAid Nigeria has condemned reports of alleged harassment and...

Eid-el-Fitr: Oborevwori Urges Peace, Unity Among Nigerians

Delta State Governor Sheriff Oborevwori has extended Eid-el-Fitr greetings...

Eid-el-Fitr: PAAU Vice-Chancellor Felicitates Governor Ododo, Muslim Faithful

The Vice-Chancellor of Prince Abubakar Audu University (PAAU), Anyigba,...

Related Articles

Popular Categories

spot_imgspot_img