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Gov. Bago Proposes N1.20 Trillion 2025 Budget

Gov. Bago Proposes N1.20 Trillion 2025 Budget

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November 27, 2024
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Gov. Bago Proposes N1.20 Trillion 2025 Budget

The Niger State Executive Council has proposed an estimate of N1.20 trillion budget for the 2025 fiscal year for approval.

Governor’s Special Adviser on Digital Media and Strategy Abdullberqy Usman Ebbo, on his social media handle X, said that the Commissioner of Budget and Planning, Mustapha Ndajiwo, made this known during his presentation at the government house council meeting.

Abdulbaqy Ebbo noted that the commissioner informed the Council that the estimate is made up of N188.42bn or 15.68% recurrent and 1.01tn or 84.34% capital expenditure respectively.

He said when compared with the approved budget for 2024, the estimate represents an increase of 32.94% this fiscal year.

According to him, the Commissioner, in his analysis, also stated that even though the 2024 approved budget was supplemented with the sum of N191.98bn, the breakdown of the draft 2025 proposals revealed an increase of 1.18% and 32.98% in recurrent and capital expenditure, respectively.

Ebbo hinted that Governor Mohammed Umar Bago in his remarks, stressed that the size of the estimate was informed by the gap in infrastructure and key development areas and the inflationary trend of the country.

After deliberation, the council approved the estimates and directed the state Commissioner for Budget and Planning, Mustapha Ndajiwo, to prepare for submission to the Niger State House of Assembly for approval.

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