Bago proposes N1.2tr 2025 budget

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

The Special Adviser on Digital Media and Strategy to the governor, Abdullberqy Usman Ebbo, on his social media handle X, said that the Commissioner for Budget and Planning, Mustapha Ndajiwo, revealed this during his presentation at the state executive council meeting, held at Government House in Minna.

Abdulbaqy Ebbo noted that the commissioner had informed the Council that the estimate is made up of N188.42bn, or 15.68% recurrent expenditure, and N1.01tn, or 84.34% capital expenditure, respectively.

Ndajiwo explained and maintained that when compared with the approved budget of 2024, the estimate represents an increase of 32.94% over this fiscal year.

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% in recurrent expenditure and 32.98% in 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.