Governor Kashim Shettima on Thursday presented Borno’s 2018 Budget of N170. 2 billion with education getting the highest amount of N27 billion in an estimate that allocated 65 percent for capital projects leaving recurring with N61.8 billion.
Addressing the State Assembly in Maiduguri, the Governor announced that the draft, titled, ‘Budget of Resettlement and Empowerment’ is to be financed from expected Internally Generated Revenue (IGR) of N16,075,548,000.00, allocation from the Federation Account of N115,734,194,000.00 and Capital Receipt of N38,469,772,000.00. He explained that the total capital expenditure is N108,408,580,000.00 and the total recurrent expenditure is N61,870,934,000.00. The 2018 budget size, he noted, is less than that of 2017 by N13,560,875,081.00 which represents 7.38%.
Announcing sectoral allocations, Shettima said N12.6 was set aside for building infrastructures and management of Secondary school education, N10.3 billion for tertiary schools and N4.4 billion for primary and junior secondary schools through the State’s Universal Basic Education Commission with the combine total for education, ,standing at N27.2 billion.
Trailing Education, the Governor announced allocation of N22.6 billion for construction of major roads, drainage and boosting transport through the State Ministry of Works and Transport, N17.7 billion for Healthcare infrastructures, consumables and other related needs, N9.8 billion to complete reconstruction of destroyed communities, rehabilitation and resettlement of victims of insurgency while N8 billion was set aside for Agriculture. Other sectors got different range of allocations that were less than the listed sectors.