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BOSG urges accounting officers on strict compliance to 2024 budget, increases Target of Internally Generated Revenue in the state

BOSG urges accounting officers on strict compliance to 2024 budget, increases Target of Internally Generated Revenue in the state
By Babagana Wakil
The Borno State government has urged all accounting officers and Director finance in the state to operate within the funds approved in the 2924 budget as assented to by Governor Babagana Zulum.
The state commissioner for Budget and Planning, Professor Mustapha Malumbe who made the call Monday at a press briefing with journalists on 2024 approved budget held at the international conference hall of Usman Musa state secretariat Maiduguri said,”this budget is not just about numbers; it embodies a vision for a more prosperous, secure, and equitable future for all. Consolidation underscores Government’s commitment to building upon the successes of the past year,” .
The Commissioner said “the success or otherwise of this policy will largely depend on each and every one of us. I therefore, crave your indulgence to operate strictly within the bounds of the budget so as to achieve the set objectives”
He said the Borno State government has targeted N27.7 billion Internally Generated Revenues (IGR) with a budget performance of between 80 and 90 percent in 2024 fiscal year, stressing that thee improved budget implementation, was attributed to statutory allocation revenue from the Federal Government and payments of ground rents that raised IGR by 25 per cent.
“This budget is not just about numbers; it embodies a vision for a more prosperous, secure, and equitable future for all. Consolidation underscores Government’s commitment to building upon the successes of the past year,” Malumbe said
He also advised the accounting and finance officers to note that the budget document is a set of policy guide which will enable MDAs operate during the 2024 fiscal year, pointing out that, no request for funds not funded in the budget will be entertained.”
Malumbe said the 2024 Budget is saddled with Government’s commitment in Building on the foundation laid in the previous years; this year’s budget tagged “Budget of Consolidation and Progress marks a significant step forward in the shared journey towards achieving long-term goals.”
The commissioner further explained that the State Government will continue to strengthen fiscal discipline, invest in key infrastructure projects, and implement reforms that create a more enabling environment for businesses and individuals to thrive..
” This budget also embodies progress. Government will be making strategic investments in areas critical for sustained growth and development, such as Education, Healthcare, Works and Reconstruction to also champion initiatives that empower vulnerable communities, return of IDPs and bridge the gap between opportunity and disadvantage,” he added.
“”The expenditure proposals for the fiscal year 2024, aims to strengthen the accomplishments achieved so far and further ensure the delivery of democratic dividends, especially in the realms of socio-economic and political development of the State,” the commissioner said.lb
He further explained also that the 2024 Approved Budget was also in line with the ‘State Government’s Medium Term Expenditure Framework’ wq (MTEF 2024 – 2026) approved by the Borno State House of Assembly, the ‘Strategic Transformation Initiative’ (STI) for 2024 and 25-year State Development Plan in an effort of building Borno Back and Better.
He also emphasized on the key objectives and priorities outlined in the MTEF for the current budgeót yea which include amongst others the complete return and resettlement of all IDPs to their ancestral homes, completion of all on-going projects in the State and
He noted that the aim was to ensure food security and also mitigate some of the negative impacts of climate change, thus providing livelihoods for our rural population and to reduce over-dependence on Federal transfers through improved independent revenue generation achievable via a technological-driven and independent Board of Internal Revenue;
Professor Mustapha Babagana revealed that thhis would involve implementation of programmes that generate employment and create wealth and ensure adequate security while comparing the 2023 budget size which was N235,331,950,000.00 and made up of capital expenditures, based on the fiscal forecast and guidelines provided in the Medium-Term Expenditure Framework (MTEF 2023 – 2025) and aligned to the Budget Estimates.
He said the overall 2023 Budget Performance stood at 74.4% and during the 2024 fiscal year government is going to establishment specialized hospitals and schools of Nursing in the three senatorial district of the state. Construction of ICT centers, Government Lodges, teachers and health workers quarters. Procurement of equipment to the State University Teaching Hospital and completion, provision of scholarships to indigenous people to study nursing and midwifery courses and sponsor students in various fields of study, especially Science, Technology, Engineering, and Mathematics (STEM) courses, languages, and training of pilots
He said the 2023 budget is not without challenges, however because of the doggedness of His Excellency and the resilience of the people there was a huge success in implementation of the budget such as challenges security situation of ongoing Boko Haram .insurgency,, economic recovery and Internally displaced persons (IDPs): The large number of IDPs in the state informed additional resources require to alddress the challenges among others.
BOSG urges accounting officers on strict compliance to 2024 budget, increases Target of Internally Generated Revenue in the state
News
Kidnapped victims rescued, terrorists neutralised in Sokoto and Zamfara

Kidnapped victims rescued, terrorists neutralised in Sokoto and Zamfara
By: Zagazola Makama
Troops of Operation FANSAN YANMA (OPFY) have rescued eight kidnapped victims and neutralised one terrorist in separate operations in Zamfara and Sokoto States.
Sources told Zagazola Makama that the troops intercepted terrorists attempting to move kidnapped victims from Barkin Daji Forest to Bagega Forest in Bukkuyum Local Government Area (LGA).
It said the troops laid an ambush at a known crossing point between Tungar Miragumi and Zugu village, where contact was made and the terrorists engaged in a gun duel, forcing them to abandon their captives.
“All eight victims were successfully rescued and efforts are ongoing to reunite them with their families,” said the sources.
Kidnapped victims rescued, terrorists neutralised in Sokoto and Zamfara
News
FG’s student loan scheme improving access to higher education -NOA DG

FG’s student loan scheme improving access to higher education -NOA DG
The National Orientation Agency (NOA), on Wednesday, said that the Federal Government’s interest-free loan under the Nigerian Education Loan Fund (NELFUND) is reducing dropout amongst undergraduates in the country.
Mallam Lanre Issa-Onilu, the NOA Director General, stated this in Gombe at a news conference on five thematic areas of the present administration.
The News Agency of Nigeria (NAN) reports that Issa-Onilu spoke through Mr David Akoji, the Director Special Duties, NOA Headquarters, Abuja.
He reiterated the commitment of President Bola Tinubu’s administration to improving access to education at all levels and ensuring that “financial constraints do not prevent young Nigerians from pursuing higher learning.”
Issa-Onilu said NELFUND was established by the Tinubu administration to ensure that no Nigerian who qualified to go for tertiary education was prevented from doing so, as a result of inability to pay school fees.
According to him, funding which used to be the biggest challenge in accessing tertiary education is no longer a threat to undergraduates and students seeking higher education.
The director general said the administration of President Tinubu had disbursed N59 billion to over 600,000 students that have applied for NELFUND Student Loan.
The director general assured that the era of students leaving tertiary institutions without completing their degree as a result of financial constraints was over.
He stated that the initiative showed that the Tinubu-led administration was committed to improving the wellbeing and welfare of Nigerians by empowering young Nigerians with education and skills.
Issa-Onilu urged students in Gombe State who have financial challenges to embrace the initiative to ease the burden, stressing that the loan scheme “is available to all qualified Nigerians who are schooling in public tertiary institutions in Nigeria.”
Speaking on the thematic areas Issa-Onilu said they include; Government Policies, Programmes and Activities, the Nigerian Identity Project and National Symbols, and flood mitigation.
He cited others as National Security Awareness towards achieving improved security consciousness in communities and National Values Re-orientation for Students of Secondary Schools and Tertiary Institutions against sign-out extreme practices.
He also announced plans by the federal government to support 150, 000 youths across Nigeria under the National Youth Investment Fund (NYIF), adding that N110 billion had been dedicated to implement the initiative.
The director general further expressed the commitment of Tinubu’s administration to impacting positively on the wellbeing of all Nigerians especially the poor and vulnerable households.
On government programmes, Issa-Onilu hinted that over 2 million households enrolled into the Social Safety Nets Expansion, had benefitted from the Conditional Cash Transfer.
He said: “Trader Moni and Farmer Moni were introduced through the Government Enterprise and Empowerment Programme (GEEP). These are interest-free loans of up to a maximum of N100,000 for trader moni, while, farmer moni up to N300,000.”
FG’s student loan scheme improving access to higher education -NOA DG
News
Security forces neutralise two notorious bandits in Benue clearance operation

Security forces neutralise two notorious bandits in Benue clearance operation
By: Zagazola Makama
Security forced have neutralised two suspected notorious bandits during a clearance operation in Ukum Local Government Area of the state.
Sources told Zagazola that the operation followed credible intelligence received on Tuesday at about 1:00 p.m.
The report indicated that a criminal gang led by one Senen Hemen, also known as Orpa, was sighted along the pipeline axis between Gbeji and Igbongom communities in Ukum.
According to the sources, security forces were promptly mobilised to the location, where the gang engaged the operatives in a gun duel.
During the exchange, Hemen and another gang member identified as Mzungweve Ichur, both from Igbongom, were shot dead, while others fled the scene with gunshot injuries.
The sources confirmed that the corpses of the two suspects had been recovered and deposited at a private mortuary in Gbeji, while a manhunt had been launched in the surrounding bushes to track the fleeing accomplices.
The sources assured residents that the operation was part of ongoing efforts to rid Ukum and adjoining areas of violent criminal gangs.
Security forces neutralise two notorious bandits in Benue clearance operation
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