Governor Mohammed made the assertion while presenting a three hundred billion naira budget for 2024 fiscal year at the Bauchi State House of Assembly.
Mohammed while presenting the 2024 budget he tagged ‘Budget of Consolidation and Renewed Focus’, noted that the budget was predicated on the assumptions of oil production projection of one point seven eight million barrels per day.
Bala Mohammed who further remarked that the proposed budget is forty eight point two per cent higher than that of 2023, attributed the increase to more revenue arising from subsidy removal and the upward inflationary trends associated with the depreciating state of the local currency.
Leave feedback about this