Gov. Fintiri signs N140bn Adamawa 2021 budget into law

Gov. Fintiri signs N140bn Adamawa 2021 budget into law

Gov. Ahmadu Fintiri of Adamawa on Saturday signed the state 2021 budget of N140 billion into law.

 

Speaking at the ceremony in Yola, Fintiri said that 52 per cent of the budget was for capital expenditure, while 48 per cent was for recurrent expenditure.

 

According to him, the budget is the first of its kind in the history of the state.

 

“This is crystal budget of stabilisation which will see to more value addition, more infrastructure development for our people and more human capital development for the sustenance of our democracy.

 

“Democracy without physical infrastructure will not carry us anywhere.

 

“For us to develop the democracy, we need to work tirelessly with the available resources.

 

“In 2020, we witnessed lots of economic challenges due to the COVID-19 pandemic,” he said.

 

Fintiri pledged that the state would witness a lot of development projects like construction of roads, schools and hospitals as well as human capital development in 2021.

 

He added that a large chunk of the budget was set aside for women and youth empowerment to train women and youths, so as to transform them into better members of the society.

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