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2023: Plateau EXCO approves proposed N139.3 billion budget

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2023 N139.3 billion budget

Plateau State Executive Council (EXCO) has approved a proposed budget estimate of N139.3 to be sent to the State House of Assembly for passage into law as a 2023 appropriation.

The State Executive Council agreed on the budget proposal during an Executive Council meeting chaired by Governor Simon Bako Lalong.

Briefing newsmen after the meeting, Commissioner for Information and Communication Hon. Dan Manjang said the proposed budget has a capital expenditure proposal of 61.7 billion nairas and 77.6 as recurrent expenditure.

He said the budget which has an increase of about 37 percent over the 2022 approved budget will be transmitted to the House of Assembly for Legislative action on a date to be fixed.

Permanent Secretary, Ministry of Budget and Planning, Mr. Peter Lamba who stood in for Mr. Dan Hirkop, Commissioner for Budget and Planning said the increment was necessitated by the ongoing recruitment and replacement of workers in the State.

Lamba said the increase also took note of inflation, other indices, and the need to ensure the completion of critical projects.

The State Executive Council also expressed delight as Plateau hosts the flag-off of the APC Presidential Campaigns scheduled to take place on November 15th.

It also expressed shock over the demise of Her Excellency Ngo Lydia Bot-Mang, wife of the former Deputy Governor of Plateau State Chief Michael Bot-Mang who died recently as well as the former Chairman of Mangu Local Government Hon. Lawrence Danat.

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Unity Cup 2026 Brought Up Many Unforgettable Moments – Drew Uyi

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As dust settles on the aftermath of this year’s Unity Cup in London, the event’s brand ambassador, Dr Drew Uyi has hailed the four-nation invitational competition for bringing forth many unforgettable moments.

READ ALSO: Taekwondo Federation President Tayo Popoola Looks Forward To Nigeria Winning More Medals At African Championship

Sports247 reports that Uyi, who is a globally-acclaimed corporate strategist, business instructor and FIFA-licensed agent, further hailed the 2026 Unity Cup for providing a glamorous spectacle of cultural excellence and unity.

Uyi further praised the quality of football that was on offer at Charlton Athletic FC’s Valley Stadium, where Nigeria defeated Jamaica 3-0 in last Saturday’s final, four days after they deflated Zimbabwe 2-0 in the opening match at same venue.

While noting that the Eagles snatched a fourth consecutive Unity Cup title, Uyi pointed out that the competition is aimed at fostering peace, community development and cultural harmony among participating countries, which he says were all achieved.

He waxed lyrical about the competition’s success in terms of social interactions, cultural connections and football artistry, all of which Uyi affirmed have huge potential to get better and bigger with the 2027 edition already in planning stage.

 

“We celebrate an incredible tournament that saw Nigeria crowned champions again. It was a celebration of football, culture and community, as the Unity Cup 2026 brought unforgettable moments and united fans from across the globe.

“We say thank you to all the players, supporters, partners and volunteers who made this year’s tournament such a success. Even as works have started to make Unity Cup 2027 better and bigger,” Uyi enthused confidently.

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Baywood Boss Backs NAICOM’s Digital Innovation

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BY NKECHI NAECHE-ESEZOBOR—The Founder and Executive Chairman of Baywood Holdings Limited, Emperor Chris Baywood Ibe, has praised the National Insurance Commission (NAICOM) for encouraging innovation and digital growth within the country’s financial services sector.

Speaking in Lagos, the Baywood  founder, noted that the regulator’s forward-thinking approach recognizes digital ecosystems as the primary pathway to deepening insurance penetration and expanding access across Nigeria.

The commendation follows the recent deployment of an operational web aggregator license granted by NAICOM to CBI Partnering Insurtech Limited, a subsidiary of Baywood Holdings.

According to Ibe, this regulatory approval directly aligns with the Federal Government’s newly assented insurance policy, which is aimed at driving comprehensive financial inclusion through digital transformation.

He revealed that the company invested over a year into building a robust technological infrastructure before securing final regulatory approval.

Ibe stated that while the licensing process was stringent to acquire, it served as the final piece of the puzzle for the firm.

He emphasized that long before receiving the official nod, the company had invested heavily in building the technology and preparing for scale, operating on the principle that operational readiness must always precede market recognition.

Operating strictly as a technology-driven marketplace rather than a traditional insurance underwriter, CBI Partnering Insurtech plans to leverage its web aggregator status to bridge the gap between conventional insurance providers and the uninsured public.

The highly scalable platform is web-based, app-driven, and API-ready, specifically engineered to integrate insurers, Health Maintenance Organizations (HMOs), corporate entities, SMEs, and individual retail consumers into a single, unified digital ecosystem.

The post Baywood Boss Backs NAICOM’s Digital Innovation appeared first on Business Today NG.

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