More
    HomeNewsZulum presents ₦584.76bn "Budget of Recovery and Continuity"

    Zulum presents ₦584.76bn “Budget of Recovery and Continuity”

    Published on

    spot_img
    spot_img

     

    Borno State Governor Professor Babagana Zulum has unveiled a comprehensive ₦584.76 billion budget for 2025, designed to bolster the state’s development momentum.

    This fiscal plan prioritizes strategic investments in health, education, and economic recovery, while addressing critical security, infrastructure and social service needs.

    The health sector received ₦89.97 billion, accounting for 15.39% of the total budget. This allocation will fund initiatives such as constructing an Orthopaedic Hospital in Maiduguri, establishing General Hospitals in Magumeri, Gubio, Azare, Uba, Dikwa, Kaleri and Mafa, alongside rehabilitating hospitals in Baga and Mulai.

    READ ALSO:

    Akume defends Tax Reform Bills, urges Nigerians to support economic revival

    Gov AbdulRazaq tasks traditional rulers on peace, harmony in their areas

    Import licence: Dangote Refinery seeks to amend suit against NNPCL, others

    In education, ₦69.81 billion has been earmarked for projects including a new Second Chance School, five additional Mega Schools and five Mega High Islamic Schools, as well as rehabilitation of facilities in 50 schools across the state.

    To stimulate economic growth, ₦10 billion has been allocated for food procurement to address insecurity, cultivation of 100,000 hectares for rain-fed farming and 50,000 hectares for irrigation.

    Other key projects include the establishment of Maiduguri Dry Port, dualization of a 7.1km stretch of Maiduguri-Biu Road and construction of a 6-span bridge across River Ngaddabul. The modernization of Borno Radio and Television (BRTV) is also a priority.

    The budget allocates ₦22 billion for victim support and reconstruction of damaged infrastructure, including roads, bridges, schools and healthcare facilities. Implementation of the ₦72,000 minimum wage for civil servants and teachers has commenced.

    Governor Zulum reaffirmed his administration’s dedication to addressing key challenges and ensuring a stable, prosperous future for Borno State citizens. The budget will be financed through Recurrent Revenue (₦311.70 billion), Internally Generated Revenue (₦30.09 billion) and Capital Receipts (₦237.96 billion).

    Kindly share this story:

    Contact: editor@thereporterng.com

    Stay informed!
    Follow us on: X.com: @TheReporter2024
    Follow us on: Facebook: TheReporterNigeria
    WhatsApp for breaking news, updates and exclusive content. Don't miss a headline – Click below to join now!
    WHATSAPP

    Latest articles

    Outrage as Lagos govt outsources indigeneship to inactive firm

    Lagos — A storm of controversy is brewing over the Lagos State Government’s quiet...

    We’re nearing decisive victory against banditry, says Defence Minister

    Nigeria’s Minister of Defence, Mohammed Badaru Abubakar, has assured citizens that the armed forces are on the verge of a decisive victory against bandits, even as the nation grapples with renewed cases of school abductions.

    Army Chief calls for tougher NDA training, curriculum overhaul

    The Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, has urged the Nigerian...

    NNPC spends N7.1trn on energy security, posts N5.4trn profit in 2024

    The Nigerian National Petroleum Company (NNPC) Limited has disclosed that it committed N7.1 trillion...

    More like this

    Outrage as Lagos govt outsources indigeneship to inactive firm

    Lagos — A storm of controversy is brewing over the Lagos State Government’s quiet...

    We’re nearing decisive victory against banditry, says Defence Minister

    Nigeria’s Minister of Defence, Mohammed Badaru Abubakar, has assured citizens that the armed forces are on the verge of a decisive victory against bandits, even as the nation grapples with renewed cases of school abductions.

    Army Chief calls for tougher NDA training, curriculum overhaul

    The Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, has urged the Nigerian...