Business
2010: Gombe Proposes N55.4bn Budget
Gombe State government has presented a budget proposal of N55.4 billion for 2010 fiscal year.
The figure represents an increase of N3.6 billion over the last year’s budget.
Presenting the budget proposal to the state’s legislators, Governor Danjuma Goje stated that the appropriation bill, tagged “Budget of Fulfillment” had N30.7 billion as capital expenditure, while N24.6 billion was earmarked for recurrent expenditure, representing 55.51 and 44.51 per cent respectively.
Goje said this year’s budget was 90 percent executed, saying that for more developmental projects to come on board, the state was expected to generate N35.5 billion as recurrent revenue, indicating an internally generated revenue to the tune of N2.7 billion, whereas the expected revenue of statutory allocation from the Federation Account was expected to amount to the tune of N27.1 billion.
Speaking on the sectoral focus and aspiration of next year’s fiscal budget, the governor said, priority attention would be accorded to the education sector that would cover the three senatorial districts of the state, noting that his administration in this year’s budget was able to build 400 classroom storeys building in some selected schools across the state.
Hinting on what this year’s budget has for the state on education, Goje said, 200 more classrooms storey buildings would be constructed and 400 dilapidated class-rooms were earmarked for complete renovations that would be furnished with 18,000 sets of furniture.
While explaining on the provision of water, the governor stated that in addition to the Gombe regional water scheme that had addressed the perennial water shortage in the state capital, his administration was able to provide portable water to Dukku and Kumo, the two local government headquarters were noted with quote water scarcity.
Reading the address, the speaker of the House, Alhaji Manga Musa Bujode, assured the governor of a quick approval of the budget for implementation.
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Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
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PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
