Nasarawa State Governor Abdullahi Sule has presented a budget estimate of N382. 5 billion to the state House of Assembly for approval for the 2025 fiscal year.
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Tagged: “Budget of Economic Growth and Stability,” Governor Sule said the appropriation was structured into N159.97 billion (41.82%) for recurrent expenditure and N222.60 billion (58.18%) for capital expenditure.
A breakdown of the budget showed that education got N78.16 billion followed by infrastructure with N71.70 billion.
“The budget allocation based on main sectors is as follows: Administrative Sector: N80.14 billion, Economic Sector: N139.84 billion, Law and Justice Sector: N10.61 billion, Social Sector: N151.97 billion,” he explained.
The governor commended the Speaker, Danladi Jatau and all members of the state assembly for always giving his appropriation bills accelerated passage.
“I appreciate this synergy and partnership in our collective commitment to provide purposeful leadership to the people of Nasarawa State,” he added.
The speaker, while receiving the appropriation, assured the governor of speedy passage of the bill.
“ Your Excellency, the 7th Assembly under my watch will ensure that we give all the needed support to the state government to execute all its policies and programmes without hindrance so that our people will get the much needed democratic dividends.
“ Therefore, I want to assure you that this budget will get the needed attention it deserves from the State Assembly.
“ It is on this note that I want to make it very clear that all MDAs must work round the clock and always live up to expectations by complying with the provision of the Budget.
“ Let me quickly, add that the revolution which you introduced in the Internally Generated Revenue (IGR) sector is commendable as Nasarawa State has now, under your watch, attained the enviable status of being in the league of the few states that are recording impressive yearly IGR figures across the federation,” he said.
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