Zamfara state Governor Bello Muhammad Matawalle said by the end of the third Quarter of 2022 the performance of the state approved budget of N159,481,857,029.67 was 31% only due to shortfalls in the revenue performance.
The Governor who stated this during the presentation of the Zamfara 2023 appropriation estimates said the actual revenue generated within the period under review was 49,123,960,878.10,
It could be recalled that, Zamfara Governor signed into law an approved budget estimate of N159,481,857,029.67, which was based on projected recurrent and capital revenues of N79,553,680.575.67 and N79,928,176,454.00 respectively.
The budget equally has already corresponding recurrent and capital expenditure formations were N73,506,857,029.67 and N85,975,000,000.00, respectively.
The Governor explained further that in order to align the approved budget to the reality of time it was reviewed to N133,701,435,000.00, consisting of N94,806,025,000.00 and N39,086,610,000.00 as recurrent and capital revenues as well as N99,174,435,000.00 and N34,527,000,000.00 as corresponding recurrent and capital expenditures respectively.
