Bago Submits N1.3 Trillion Appropriation Bill to Niger Assembly for 2025

0
41

Mohammed Umaru, Bago, the governor of Niger State, has presented the state House of Assembly for 2026 with a N1.3 trillion appropriations bill known as the “Budget of Consolidation.”

The budget allots N761 billion for major projects and N270 billion for ongoing expenditures.

Recurring expenses were expected to be over N270 billion (26.19%), while capital expenditures are estimated to be over N761 billion (73.81%).

According to Bago, funds from statutory allocation, value-added tax (VAT), domestically generated revenue, additional FAAC receipts, IGR, capital receipts, grants, and loans are anticipated to support the budget.

“The budget will build on past gains while addressing the pressing needs of the present, especially as the state navigates the challenges of a rapidly evolving global economy,” he stated.

According to his sectorial analysis of the 2026 budget, the transportation sector received the lowest estimate of over N1 billion, while the economic sector received the largest allocation of over N510 billion.

The governor stated, “Government interventions in the 2026 fiscal year will focus on strategic priority areas such as wealth and job creation, agricultural transformation, strengthening the health sector, road infrastructure consolidation, and completion of inherited water and electricity projects.”

The education sector’s improvement, increased internal revenue production, stringent adherence to due process, state-owned media’s digital revolution, the consolidation of peace and security, and development partnerships are some others.

“The fiscal discipline, strategic investment, and targeted interventions aimed at expanding economic opportunities for our citizens are the foundation of the 2026 Budget,” Bago said. Additionally, the budget is intended to finish all current infrastructure projects around the state.

“The 2026 budget builds on our prior successes while meeting today’s urgent requirements, reflecting the confidence our citizens have placed in us. Over the past two years, our administration has managed resources responsibly, pursued growth-oriented policies, and produced noticeable accomplishments despite inflationary challenges and changing revenues.

The plan is based on targeted interventions, strategic investment, and fiscal restraint. The goal of the 2026 Budget is to increase possibilities and raise everyone’s standard of living. In keeping with our dedication to openness and responsibility, let me briefly discuss the performance and accomplishments of the 2025 budget before summarizing this one.

The Governor expressed gratitude to the Speaker, Barr Abdulmalik Sarkindaji, and other members of the 10th State House of Assembly for their continued support and patriotism in Niger State’s development, which has strengthened governance, expedited service delivery, and bolstered citizens’ faith in the democratic process.

For the good of the state as a whole, he then pleaded with the State Assembly to swiftly review and approve the 2026 appropriations bill.

LEAVE A REPLY

Please enter your comment!
Please enter your name here