Niger proposes N1.2tr for 2025 fiscal year
Niger State’s Executive Council has proposed a massive N1.2 trillion budget for 2025 fiscal year.
This proposal was unveiled by Commissioner of Budget and Planning Mustapha Ndajiwo during a Government House Council meeting, as announced by the Governor’s Special Adviser Abdullberqy Usman Ebbo on social media X.
Ebbo explained that the commissioner told the council that the estimate is made up of N188.42 billion or 15.68 per cent recurrent and 1.01 trillion or 84.34 per cent capital expenditure respectively.
The commissioner stated that when compared with the approved budget of 2024, the estimate represents an increase of 32.94 per cent.
” The Commissioner in his analysis also stated that even though the 2024 approved budget was supplemented with the sum of N191.98 billion, the breakdown of the draft 2025 proposals revealed an increase of 1.18 per cent and 32.98 per cent in recurrent and capital expenditure respectively, ” Ebbo stated.
He noted that Governor Mohammed Umar Bago in his remarks, explained 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 the presentation, the council deliberated on it and approved the estimates.
It then directed the Commissioner for Budget and Planning, Mustapha Ndajiwo to prepare for submission to the Niger State House of Assembly for approval.
Niger proposes N1.2tr for 2025 fiscal year
