Naija Edition

By Wole Mosadomi Minna — Governor Mu’azu Babangida Aliyu has presented a N111 billion budget estimate to the state House of Assembly for consideration. In the projected revenue, the state government is expected to get N33.4 billion from statutory allocation; N5.135 billion from Value Added Tax,VAT; N43.8 billion from capital receipt and internally generated revenue of N12 billion which bring expected revenue profile to N94.5. Presenting the 2010 budget estimate alongside his annual state of service address to the House of Assembly yesterday, Aliyu said the budget which is N54 billion above last year’s N57 billion had a deficit of over N17 billion

Here is the original:
Niger budgets N111bn for 2010