Governor Mohammed Bago | File Image
By Mohammed Usman
Niger State House of Assembly (NSHA) has approved the 2025 budget of N1.558 trillion as presented by the state Governor, Mohammed Umar Bago.
This is coming barely four days after the Niger State Governor, Hon. Mohammed Umar Bago, presented the 2025 appropriation estimate to the House of Assembly for considerations.
This follows the submission of report by an 8-man House of Assembly committee on planning and appropriation on the 2025 budget, headed by the member representing Rafi state constituency, Hon. Zubairu Ismaila Zana, at the house plenary on Thursday.
Recall that the Governor had on Monday presented a budget estimate of N1,558,887,565,358.00 to the state House of Assembly for consideration for the 2025 fiscal year.
Also read: I’II continuously serve Niger citizens, Bago assures
The figure, according to the governor, is higher than the N805.6 billion for 2024 appropriation representing 48.32 percent.
The 2025 estimate comprises N196, 335, 361, 443.00 billion, representing 13 percent as recurrent expenditure, while N1,362,552,203, 915.00 trillion representing 87 percent is set aside as capital expenditure.
The governor said that the budget would be funded through statutory allocation of N53,400,000,000.00 and Value Added Tax (VAT) of N85,300,555,454.00, other Federation Allocation Account (FAAC) receipts of N236,900,000,000.00,
IGR of N63,360,000,000.00, including
other IGR of N186,368,241,948.00 from
capital receipt of N933,558,767,956.00.
This brings the total budget size to N1,558,887,565,358.00.
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