The Taraba state government has requested for
Supplementary Appropriation/Virement of
N5,793,601,476.00 and N900, 679, 324.00 for
supplementary appropriation for recurrent and
capital expenditures respectively. Also, the sum
of N135,759, 893.00 is being required to be “vired
from unexpended capital expenditure sub head
to deficit one”.
This was contained in a Bill sent to the House by
the Executive Governor titled: A Bill for a law to
authorize the issue out the consolidated Revenue
Fund of Taraba state of Nigeria the
supplementary sum of N6,894,280,800.00k for the
services of the State for the year ending on 31st
December, 2016.
The letter which was read at plenary and
presided by Speaker, Peter Abel Diah, was
dated 6/12/2016.
It read: “that unforeseen issues arising majorly
from rising cost of governance necessitated by
additional activities, inflation and increase in
exchange rate which requires or will require
additional financial commitment became
imperative in the course of the financial year.
Budgetary provisions for these issues were
inadequate or not made in the 2016
Appropriation”.
The letter adds that, “ in line with Section 121 of
the Constitution of the Federal Republic of
Nigeria, supplementary appropriations and
virements from unexpended sub- heads are
required to finance the additional commitments
and new initiatives” and that “affected agencies
of government have applied for supplementary
appropriations/virement”.
It concludes that “the request for supplementary
appropriation is recommended to be funded
through the budget support fund from the
Federal Government to the State ”.
Recall that the House had approved the sum of
N100,874,913,885.00 for the services of the State
Government in the 2016 fiscal year, with
recurrent revenue of N56,037,511,500.00 and
capital receipt of N44,837,402,385.00.
Upon consideration of the letter, the Speaker
then referred the Bill to the Committee on
Finance and Appropriation for further scrutiny
after it has passed first and second reading.
In another development, the Medium Term
Expenditure Framework (MTEF) and Fiscal
Strategy Paper (FSP) has been forwarded to the
Taraba state House Assembly by the Executive.
In a letter to the House, dated 6th December,
2016 and signed by Rt Hon. Haruna I.Gbana (MFR),
says that “prior to the presentation and passage
of 2017 budget by the House, it would be
expedient that the 2017-2019 Medium Term
Expenditure Framework and Fiscal Strategy
Paper be deliberated and approved”.
After considering the letter, each member was
availed with a copy to study before the next
sitting when it would be deliberated upon.
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