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Ishaya Dabari

Adamawa cuts 2020 budget by 24 per cent

The Adamawa State Executive Council has approved a downward review of the 2020 budget by 24 per cent, affecting only the capital expenditure and overhead costs. The Commissioner for Information and Strategy, Umar Pella, disclosed this shortly after an Extraordinary meeting of the council presided over by Governor Ahmadu Fintiri in Yola on Tuesday. The decision was reached after the council considered and approved a review of the 2020 Medium Term Expenditure Framework and Fiscal Strategy Paper in line with the extant laws of the Fiscal Responsibility Commission 2018. Newsmen report that the state House of Assembly in December 2019, approved the 2020 proposed budget estimate of N183.3 billion presented by the governor. Pella explained that the measure was taken by the council after a holisti...