Governor Abdullahi Sule of Nasarawa State has presented the 2025 budget of N382, 567, 843,592.03 billion to the State House of Assembly for approval.
Sule while presenting the budget tagged “Budget of Economic Growth and Stability’ said, the total budget for 2025 was structured into N159.97 billion (41.82%) for recurrent expenditure and N222.60 billion (58.18%) for capital expenditure.
He explained that the ratio of the recurrent to capital spending was another landmark achievement as the state was looking at improving capital spending that has direct bearing on the lives of the citizenry.
“During the citizen budget consultations held across the various zones, there were numerous requests for improvements in water supply, agriculture, and security, among other priorities. However, it is important to recognise that these are competing needs, and it is not feasible to allocate the majority of the budget to all these sectors simultaneously, especially with limited resources.
“Therefore, we have allocated considerable funding to each of these areas, in alignment with the State’s overall priorities.
“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.
“The 2025 Budget aims to continue on the path of recovery, with a focus on improving education, expanding infrastructure, agriculture, health, security and technology sub-sectors.
“The allocations to the sub-sectors are hereby enumerated below: Education, Science & ICT- 78.16 b (20.4%), Infrastructure- 71.70 b (18.7%)
Governance, Security & General Administration- 50.75 b (13.3%)
Health -36.20 b (9.5%), Agriculture & Water Resources- 6.07 b (9.4%), Environment- 27.02 b (7.1%); Finance, Investment &
Trade- 6.11 b (6.8%), Information & Tourism- 19.36 b (5.1%),
Law & Justice – 10.61 b (2.8%), Legislation- 10.03 b (2.6%), Youth & Sport Development-9.77 b (2.6%) and Humanitarian & Women
Empowerment- 6.40 b (1.7%),” he said.
The governor reassured of his administration’s determination to expand the capacity to serve the people of the state, ensuring that the progress made today would be carried forward by future administrations.
He, therefore expressed his gratitude to the Speaker of the House, Hon. Danladi Jatau and members of the 7th Assembly as well as the State Executive Council, Heads of Ministries, Departments, and Agencies (MDAs) for their invaluable support and thoughtful policy recommendations.
Sule acknowledged the contributions of stakeholders in both the public and private sectors, whose insights have greatly enhanced his administration’s policy decisions and strengthened his resolve to improve state.
“I need to also commend the effort of the Ministry of Finance, Budget and Planning for the thorough preparation and timely completion of this document which we are presenting today. The hard work and contributions of public servants across various MDAs deserve equal recognition and commendation.
“I am confident that this collective effort will pave the way for a prosperous future for all the citizens of Nasarawa State,” he concluded.
Receiving the proposed budget, the speaker of the House, Hon. Danladi Jatau assured that the Assembly under his leadership will ensure speedy passage of the bill for the progress of the state.
” 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.
“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 provision of the Budget,” he said.
Jatau commended Gov Sule for his giant developmental strides, especially the revolution in the Internally Generated Revenue (IGR) under his watch, saying that the state has attained the enviable status of being in the league of the few states that are recording impressive yearly IGR figures across the federation.
The Speaker called on the people of the state to entrench peace irrespective of their political and ethnic affiliations for growth and development of the state.
It would be recalled that in December 2023, the House approved N199.8 billion budget the for 2024 fiscal year while on November 5, 2024, Gov Sule submitted N156.5 billion supplementary appropriation bill for 2024 fiscal year to the State House of Assembly for approval. The House on November 13 passed the supplementary bill of N156.6 billion into law.