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

Football match fixtures

Thursday, 4 December 2025Premier League21:00 CET – Manchester United...

Gov Ododo Condemns Egbe Bandits’ Attack, Vows Justice for Fallen Security Personnel

By Noah Ocheni, LokojaKogi State Governor, Alhaji Ahmed...

Nigeria, China Set for Landmark Joint Film Projects — FG

Nigeria and China have begun work on a joint...

EFCC Appeals Court judgment On Release of 27 Properties

By Francis WilfredThe Economic and Financial Crimes Commission, EFCC,...

Mahmoud Calls on Nigerians to Imbibe the Cultural Patriotism

By Joyce Remi-BabayejuThe FCT Minister of State, Dr. Mariya...

China, Nigeria Commit to Stronger Media Partnership at Audiovisual Exhibition in Abuja

China and Nigeria have restated their dedication to deepening...

Premier League: Manchester United Thrash Wolves 4–1 in Monday Night Clash

Manchester United produced a commanding second-half display at Molineux...

Why I Changed My Name — Kim Kardashian Explains

American media personality and business mogul Kim Kardashian has...

Why I Don’t Mention the Name of Jesus in My Songs — Shola Allyson Explains

Nigerian singer Shola Allyson has opened up on why...

“So Disrespectful” — Bella Shmurda’s Hand Gesture to Annie Idibia Sparks Online Reactions

Afrobeats singer Bella Shmurda has stirred conversations online following...

“Jerry Gana: Stewardship in Integrity” by Simon Reef Musa,

Reviewed by Prof. Yemi OsinbajoBOOK REVIEW OF "JERRY GANA:...

Related Articles

Popular Categories

spot_imgspot_img