Nyako presents N95bn budget for 2013

By Umar YusufYOLA—Governor Murtala Nyako of Adamawa State, has presented  N95 billion budget for the 2013 fiscal year to the state House of Assembly, tagged “budget for continued delivery of democracy dividends,” Nyako said the proposed budget  was articulated against the backdrop of the current economic challenges and realities on the ground, adding that N20.960 billion was for personnel cost; N28.383 billion – over head cost just as  Consolidated Revenue Fund charges would take N6.460 billion while N39.040 billion was budgeted for Capital Expenses. According to the governor the 2013 budget was principally designed to promote continuity of his administration’s efforts to transform the state economy for massive development programmes