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Gov Namadi presents N698.3bn 2025 budget proposal to Jigawa Assembly
The Jigawa State Governor, Umar Namadi, on Friday, presented the N698.3 billion 2025 Appropriation Bill to the state House of Assembly for consideration.
The appropriation bill tagged: “Budget of Innovation and Transformation for Greater Jigawa,” is 82 percent higher than the 2024 budget.
Namadi in his presentation highlighted his administration’s fiscal strategies, priorities, and resource allocations for the coming year.
He said N534.75 billion was earmarked for capital expenditure and N149.7 billion for recurrent expenditure in the budget.
The governor said N11.8 billion representing about 1.7 percent was set aside for Contingency and Stabilisation Funds and Public Debt Charges.
READ ALSO: Journalists barred from covering Zamfara governor’s 2025 budget presentation
On sectoral allocations, education got the highest share of N184 billion, and N136 billion was earmarked for agriculture.
Namadi said that N0.76 billion was allocated for personnel while N63.69 billion was set aside as overheads and other recurrent expenditures.
“While for capital investment programmes as earlier mentioned, total financing proposed for the capital projects and programmes during the 2025 Fiscal Year is N534.76 billion, equivalent to over 76 percent.
“Key revenue sources include; Statutory Allocation from the Federation Account: N34 billion, State Share of Value Added Tax (VAT): N80 billion and other Federal Transfers N134.1 billion, comprising Forex Equalisation, Exchange Gains, Solid and Non-Mineral Revenue Receipts, and Signature Bonuses,” the governor added.
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