The proposal, tagged: “Budget of and Continuity” is 5.43 per cent higher than the 2018 budget.
A breakdown of the budget showed that N96.20 billion, representing 60.31 per cent was allocated for capital expenditure, while N63.324 billion, 39.69 per cent, was provided for recurrent expenditure.
The administration sector was allocated N8.755 billion; economic sector, N56.032 billion; social sector, N29.876 billion; and law and justice, N1.540 billion, all from the capital expenditure.
Bello noted that the 2019 estimate would focus mainly on completion of ongoing projects that have direct bearing on lives of the citizens.
He cited projects in the areas of infrastructure, education, water resources, agriculture and social development, to stimulate economic growth through investment inflows.
