CurrentReport Blog The Niger State Executive Council has unveiled a record-breaking N1.2 trillion budget proposal for the 2025 fiscal year, signaling a bold push for infrastructure development and economic growth.
The budget, presented by Commissioner of Budget and Planning, Mustapha Ndajiwo, was discussed during a Government House Council meeting and later shared by Governor’s Special Adviser Abdullberqy Usman Ebbo on X (formerly Twitter).
Budget Breakdown: Capital vs. Recurrent Expenditure
The proposed budget consists of:
- N188.42 billion (15.68%) for recurrent expenditure
- N1.01 trillion (84.34%) for capital expenditure
The capital expenditure focus underscores the state’s commitment to bridging infrastructure gaps and addressing key developmental needs.
2025 Budget Represents 32.94% Increase
The proposed budget marks a 32.94% increase compared to the approved 2024 budget. Despite a supplementary N191.98 billion added to the 2024 budget, the 2025 proposal still reflects a growth of:
- 1.18% in recurrent expenditure
- 32.98% in capital expenditure
Governor Bago Justifies Budget Scale
Governor Mohammed Umar Bago explained that the ambitious budget size was influenced by the state’s significant infrastructure deficits, pressing developmental needs, and Nigeria’s prevailing inflationary trends.
“Our focus is on closing critical gaps in infrastructure while addressing key areas of development,” the governor said, emphasizing that the budget reflects the state’s priorities for sustainable growth.
Next Steps: Legislative Approval
Following the council’s approval of the estimates, the Commissioner for Budget and Planning, Mustapha Ndajiwo, was directed to present the budget proposal to the Niger State House of Assembly for legislative approval.
Niger State’s proposed N1.2 trillion budget highlights a strategic commitment to tackling infrastructure challenges and spurring economic development. The focus on capital expenditure suggests a forward-looking approach to addressing the state’s long-term needs.
