“The budget was reviewed based on the oil benchmark of 30 dollars per barrel as against the pre-review benchmark of 57 dollars per barrel.”
Katsina State Government has reviewed its 2020 budget from N244billion to N213billion due to the fall in the price of crude oil and the Coronavirus pandemic.
The governor, who signed the reversed budget, said that the Members of the state House of Assembly had deliberated before passing the bill. “In view of this, the members deliberated and passed the bill, which slashed the 2020 appropriation budget from N244 billion to N213 billion representing a difference of N31 billion.
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