Governor Darius Ishaku of Taraba State has signed the 2020 appropriation bill of N215.8b into law.
The figure represents an increase of N2.1b from the initial sum of N213.6b presented to the Taraba state House of Assembly on December 19, 2019.
Governor Ishaku, who said his administration is designed to serve the people, is determined to achieve accelerated growth and development through the 2020 appropriation bill.
The increase, the lawmakers explained, came from to the 2.5% increase in VAT collection which took effect from January 2020.
The break down of the budget is as follows:
Personnel emoluments and overhead cost is seventy-two point three hundred and three million naira. (72.33 billion), which is 33.80% of the total budget.
Approved capital estimates are put at 143.48m amounting to 66.19% of the budget.
While presenting the budget to the governor, Speaker of the Taraba state house of assembly, Rt. Hon. Joseph Albasu Kunini (PhD), said that the Christmas and New Year celebrations did not deter the lawmakers from carrying out their responsibilities as they painstakingly scrutinised the proposed budget and approved same for the governor to kick start the accelerated development of the state.