Governor of Adamawa State, Adamu Fintiri has signed the state N140 billion 2021 budget into law.
He made this known while speaking at the ceremony in Yola on Saturday.
Fintiri expressed that 52 per cent of the budget was for capital expenditure, while 48 per cent was for recurrent expenditure.
According to him, the budget is the first of its kind in the history of the state.
“In 2020, we witnessed lots of economic challenges due to COVID-19 pandemic. This is a budget of stabilisation which will see to more value addition, more infrastructure development to our people and human capital development for the sustenance of our democracy because democracy without physical infrastructure will not carry us anywhere,” the governor said.
via: Information Nigeria