x

Plateau Governor Proposes ₦471bn 2025 Budget, Emphasizes Development and Sustainability

By Isreal Adamu, Jos

Governor Caleb Mutfwang of Plateau State on Monday presented a proposed budget of ₦471.13 billion for the 2025 fiscal year to the State House of Assembly. Tagged the “Budget of Consolidation and Sustainability,” the proposal reflects an increase of ₦156.28 billion from the 2024 approved budget.

Key Allocations

The budget comprises:

  • Recurrent Expenditure: ₦201.52 billion (43.46% of the total budget).
  • Capital Expenditure: ₦269.61 billion (56.54% of the total budget).

Governor Mutfwang explained that the capital expenditure targets critical areas such as agriculture, education, health, infrastructure, and security, aiming to address the state’s developmental needs.

Focus on Growth and Collaboration

“This budget reflects our commitment to solidify past achievements and ensure continued growth and development in Plateau State,” Mutfwang said during his presentation in Jos. He added that the budget aligns with the Plateau Strategic Development Framework (PSDF) 2023-2027, focusing on three key pillars:

  1. Peace, Security, and Good Governance.
  2. Sustainable Economic Rebirth.
  3. Physical Infrastructure Development.

The governor emphasized collaboration between government agencies, security forces, and citizens for effective budget implementation, particularly in tackling insecurity and economic challenges.

Revenue Sources and Priorities

The proposed revenue sources include internally generated revenue (IGR), federal allocation, and grants. The IGR is projected at ₦50.42 billion. Key priorities under the capital expenditure include:

  • Road development.
  • Healthcare.
  • Education.
  • Water infrastructure.

Governor Mutfwang also unveiled a Ward Development Initiative (WDI), aimed at implementing grassroots projects in all 325 electoral wards across the state.

Call for Legislative Approval

The governor urged the legislature to promptly approve the budget, assuring transparent and efficient implementation to ensure that all citizens benefit from the fiscal plan.

Legislative Response

Gabriel Kudangbena Dewan, Speaker of the Plateau State House of Assembly, assured that the assembly would thoroughly review and pass the appropriation bill, recognizing its potential to drive peace and prosperity across the state.

Governor Mutfwang’s proposal underscores a strong focus on consolidating past achievements while addressing the pressing needs of Plateau State citizens.

Hot this week

64 Kogi Polytechnic Staff Honoured by Outgoing Rector, Prof. Usman Ogbo

By Noah Ocheni, LokojaNo fewer than 64 staff members...

Senator Monguno Launches ₦250 Million Mega Empowerment Programme for 2,500 Constituents

The Senator representing Borno North Senatorial District, Chief...

NCC, NDPC Sign MoU to Strengthen Data Protection in Nigeria’s Telecom Sector

The Nigerian Communications Commission (NCC) and the Nigerian Data...

Ex-Benue governor Suswam joins APC as PDP says he was already expelled

Former Benue State Governor and ex-senator, Gabriel Suswam, has...

First Lady: Economic reforms underway, critics exploiting re-election season

Nigeria’s First Lady, Senator Oluremi Tinubu, has acknowledged the...

64 Kogi Polytechnic Staff Honoured by Outgoing Rector, Prof. Usman Ogbo

By Noah Ocheni, LokojaNo fewer than 64 staff members...

Future of Nigeria–China Relations: Partnership or Dependency?

By Solomon Iliya JeffreyThe relationship between Nigeria and China...

NLC warns Senate over electronic transmission of election results

The Nigeria Labour Congress (NLC) has warned that workers...

Residents protest after bandits abduct seven in fresh Kaduna attack

Residents of Danhonu II community in New Millennium City,...

First Lady: Economic reforms underway, critics exploiting re-election season

Nigeria’s First Lady, Senator Oluremi Tinubu, has acknowledged the...

CROSSJOF Condoles Senator Owan-Enoh Over Younger Brother’s Demise

By Joyce Remi- BabayejuThe Cross River State Journalists Forum...

Related Articles

Popular Categories

spot_imgspot_img