The governor said that the unfavourable economic climate in the country, occasioned by the devaluation of the naira for three consecutive times within one fiscal year, coupled with the floating of the exchange rate, negatively impacted project implementation in the state.
Rising Waters, Sinking Dreams: Devastating impact of floods on Maiduguri local businessesDeluge of Death: Flood leaves Nigerian community in ruinsWhat does it really mean for Nigeria to be made a “partner country” to BRICS+?, By Jideofor AdibeRising Waters, Sinking Dreams: Devastating impact of floods on Maiduguri local businessesDeluge of Death: Flood leaves Nigerian community in ruinsWhat does it really mean for Nigeria to be made a “partner country” to BRICS+?, By Jideofor AdibeGovernor...
He said that the recurrent expenditure is N170 billion, representing about 34 per cent of the total budget. Mr Otu said that the major revenue sources would be from federal allocations, grants from international organisations and Internally Generated Revenue . At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all.
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