ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Monday, January 25, 2021
Premium Times Nigeria
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
AMAC Chairman budgets N6.9 billion for 2018

Chairman Abuja Municipal Area Council (AMAC), Abdullahi Candido. [Photo credit: Montage Africa Magazine]

AMAC Chairman budgets N6.9 billion for 2018

byAgency Report
January 11, 2018
1 min read
ADVERTISEMENT

The Chairman Abuja Municipal Area Council (AMAC), Abdullahi Candido, on Thursday presented N6.92 billion budget for 2018 fiscal year, representing an increase of 11.76 per cent from last year’s budget.

Presenting the budget at the legislative chambers in Abuja, Mr. Candido said the 2018 budget of reality and consolidation was aimed at addressing growing needs of the communities and build on the existing foundation for grassroots development.

He said that the administration has allocated N3.7 billion for recurrent expenditure, representing 45.77 per cent and N3.7 billion for capital expenditure, representing 54.23 per cent of the budget.

The chairman explained that the budget followed zero budgeting system to eliminate inefficiency and focus on activities that has direct bearing on the lives of the citizens.

He said the personnel cost was N2 billion representing 29.21 per cent and the overhead was N1.16 billion, saying that the increase is mainly for staff promotion arrears, annual increment and possible recruitment of confidential secretaries.

“The works and housing department, which is saddled with the supervision and provision of critical infrastructures, got N1.8 billion of the entire budget making it the highest.”

He also noted that about N40 million was allocated for the commencement of the AMAC Community Radio in the first quarter of the year.

The chairman also noted that the administration had begun to pay some debts owned contractors by previous administration.

According to him, the council has instituted a Micro Finance Bank to collect its revenue and to finance the various projects to further service the people.

RelatedNews

PROFILE: Ahmadu Umaru Fintiri, Governor, Adamawa State, Nigeria [2019 — ]

PROFILE: Babagana Zulum, Governor, Borno State, Nigeria [2019 –]

PROFILE: Abdullahi Sule, Governor, Nasarawa State, Nigeria [2019 – ]

Farmers/Herders Clash: Southwest governors to meet Miyetti Allah leaders

He, however, hope that the council would expedite action accordingly so as to commence implementation soon.

The Speaker of the AMAC legislative council, Michael Shanyibwa commended the chairman and promised to act accordingly on the proposed budget.

Some of the staff of the council expressed satisfaction over the presentation of the budget and called for speedy passage of the budget.

Dangote adbanner 728x90_2 (1)

(NAN)

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401...


JOIN THE CONVERSATION

  • Disqus (0)
premiumtimes



PT Mag Campaign AD

Previous Post

2019: No rift with Amosun – Ogun Deputy Speaker

Next Post

Why we paid a former president N40 million — SGF Mustapha

Agency Report

Agency Report

More News

Kwara State governor, AbdulRahman AbdulRazaq

How to resolve Kwara APC crisis — Party Chieftain

January 25, 2021
FILE PHOTO: FRSC officials at a scene of an accident

Four killed in auto crash on Ogbomoso-Ilorin road – FRSC

January 24, 2021
Social Democratic Party, SDP, logo

Kwara APC Crisis: SDP woos aggrieved ruling party members

January 24, 2021
Governor of Plateau State, Simon Bako Lalong [PHOTO CREDIT: @sblalong]

Plateau govt. to establish NIN registration centres in 17 LGAs

January 24, 2021
The late Colonel Felix Kura with his wife, Susan, and a commander when he was decorated as a captain in August, 2020

EXCLUSIVE: Bandits kill seven soldiers in Nasarawa

January 22, 2021
The Nassarawa State Governor, Abdulahi Sule in a meeting with President Muhammadu Buhari at the State House. [Photo: Presidency]

UPDATED: Boko Haram carrying out attacks in Nasarawa, Governor tells Buhari

January 22, 2021
Next Post
Federal Executive Council meeting in Abuja

Why we paid a former president N40 million -- SGF Mustapha

Enugu Rangers International

Rangers unveil 18 new players for 2017/2018 NPFL season

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


NITDA Ad




Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,606,067 other subscribers.

Advertisement






netherland biz school Advert

Zenith Advert

Heritage Advert
ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • Opinion
  • PT Hausa
  • The Membership Club
  • Dubawa
    • Dubawa NG
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
  • Digital Store
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.