From Scholastica Hir, Makurdi
Benue State Governor, Rev Fr Hyacinth Alia, has described the 2024 state budget as a beacon of hope for job creation and a state resilient economy.
Governor Alia stated this on Friday when he assented to the 2024 budget.
Tagged ‘Budget of Infrastructure, Development, Poverty Alleviation and Job creation, it has a total sum of N225 billion with 110 billion naira allocated for recurrent expenditure representing 48.9 percent of the total sum while the capital head is N115 billion which represents 51 .1 percent of total budget sum.
He said the budget has a deficit financing of N34 billion representing 15.3 percent of the total budget sum.
According to the governor, the 2024 budget marks a significant journey towards progress and prospects of the state.
He added that it is a strategic development plan for a greater Benue that will be implemented with clear and unwavering commitment.
His words: “It is a road map that will chart the course for the economy to flourish and enjoyment of life for the citizenry. We are determined to enhance accessibility for the citizen. It is a beacon of hope for job creation and for a resilient economy.
“We intend to stimulate the economy in small and medium businesses, virgin industry and create a conducive environment for economic growth, address poverty. It is a comprehensive approach to poverty by focusing on wellbeing of the people.
“As we embark on the implementation, we must do so by turning the plan into tangible results as it serves as a catalyst for a brighter tomorrow for Benue state.”