Minna– Niger State Governor, Mohammed Umaru Bago has presented more than N1.5 trillion budget proposal for the year 2025 to the State House of Assembly.
The budget which is tagged, “Budget of Hope for Sustainability and Food Security” is higher than the 2024 appropriation, with 48.3% and was presented to the Legislators late night.
Over N196 billion was projected as the 2025 recurrent expenditure while above N1.3 trillion representing 87% of the total size of the budget was for capital expenditure.
The budget revenue would be derived from Statutory Allocation, Value Added Tax, Other FAAC Receipts, IGR, other IGR, and Capital Receipt.
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The breakdown shows that Infrastructure, Housing and Urban Renewal sector got the highest allocation to the tune of over N437 billion, while Law and Justice got the lowest estimate which stood at over N3.5 billion.
Governor Bago said the 2025 budget which is aimed at solidifying agriculture as a cornerstone of the state’s economy would also strengthen the foundation laid by his administration for rapid socio-economic development of the State.
He said the emphasis on sustainability reflect the collective commitment to the Green Initiative and agricultural drive of his administration pointing out that the budget preparation followed a participatory, people-centred approach.
“The emphasis on sustainability indicates our collective commitment to the Niger State Green Initiative and our drive for agriculture that promotes long-term environmental health and food systems that are resilient and capable of creating sustainable prosperity.
“This will focus on the key economic sectors: security of lives and properties, Agriculture and Food Security, Health, Education, Water and Sanitation, Infrastructure Development, Social Security, and Environmental Sustainability”, he remarked.
Bago said the approved 2024 budget recorded tremendous success with 68.88% budget performance and therefore expressed confidence that the 2025 would receive all the needed support so that the desired objective would be achieved.
Speaker, Niger State House of Assembly, AbdulMalik Sarkin Daji in his remarks commended the Governor for the prudent management of the State and assured him of a continuous harmonious working relationship between the Executive and Legislative arms of government for the progress of the state in all spheres of life.