Governor, Bala Mohammed has inaugurated Coronavirus (COVID-19) economic recovery Committee with a mandate to identify alternative sources of income for the state.
The governor said the committee has two weeks to submit its report adding that it was aimed inaugurated to identifying alternative sources of funds that will augment the current revenue of the state.
According to him, other terms of reference of the committee include suggesting ways of developing economic growth measures that will sustain the state during and after Coronavirus (COVID-19) crisis and to make any other useful recommendations incidental to their assignment.
Bala Mohammed then tasked members of the committee to bring their wealth of knowledge and experience in order to ensure the success of their assigned responsibilities.
He said the devastating effect of COVID-19 can be measured in terms of the socio-economic suffocation of all the sectors of the state’s economy and on the daily resources that accrue to the National and the State’s Treasury.
“The Global Oil Prices have monumentally slipped below our logical explanations, thus exerting a distractive effect on the daily lives of our people, especially the vulnerable population of women, children, unemployed youth, and more sadly the elders of the population.
“Bauchi State, on the other hand, is a landlocked state with high levels of poverty is worse affected by the economic turmoil caused by the pandemic.
“This is because our internal capacity to respond to this type of economic shocks is very weak and thus we are left with no option but to chart a new course for creating the impossibilities for Economic survivalist.”
The Governor who stressed the need for all and sundry to put hands on deck for the economic revival of the state recalled that, before this economic doom, the state budget was over 70 percent recurrent in terms of implementation.
“But we need to move forward as a state and I believe we can do it. This explains why we carefully selected you to bring your wealth of experience to bear in moving the state out of this quagmire.”
The committee members include Commissioner of Budget and Economic Planning, Dr. Aminu Gamawa as Chairman, while Commissioners of Commerce, Culture and Tourism, Health, Women Affairs, Agriculture, and Rural Development as members.
Other members are the Director-General of Bauchi SDG, Chairperson of BASOVCA while the Permanent Secretary of the Ministry of Budget and Economic Planning Yahuza Adamu is to serve as Secretary.
- Federal Government To Revive Adults, Almajiris Education - September 24, 2023
- Fraud : Pastor Deceived Me to Sell My Only House, Jilted Evangelist Tells Yola Court - February 5, 2021
- 2023 : Nigerians Will Vote Out APC – Gov Wike - February 4, 2021
