Yobe State Governor, Alhaji Mai-Mala Buni has promised to continue to take steps to diversify the economy of the state for sustained growth.
The budget, the first by Buni, indicates an increase of N16.7 billion or 15.5 per cent over the budget of N92.2 billion for this fiscal year. The proposed budget is to be funded with treasury opening balance of N2.5 billion, internally generated revenue, N5.4 billion, statutory allocation, N52 billion, value added tax, N12.5 billion, ecological fund, N1 billion, stabilisation fund, N516.6 million, excess crude oil/exchange rate difference, N2.2 billion, grants, N4.3 billion, internal loans, N21 billion, and miscellaneous fund, N7 billion.
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