fbpx
Wednesday, January 8, 2025
30.1 C
Abuja

Jigawa state government unveils a budget of N698 billion for 2025

Governor Umar Namadi of Jigawa State has submitted the 2025 budget of N698.3 billion to the state’s House of Assembly for review and approval.

Significant allocations include N90.76 billion (13%) for personnel expenses, N63.69 billion (9%) for recurrent costs, and N534.76 billion (76%) for capital projects.

A substantial part of the capital budget—over N148 billion—has been designated for roads and infrastructure, focusing on the completion of 46 ongoing road projects.

To meet energy demands, the governor revealed plans for a 100 MW solar power plant and a solar panel manufacturing facility, with a total allocation of N39.4 billion.

This initiative is anticipated to enhance energy access and draw private investments. Education, a key focus, has been allocated N120 billion, while health services will receive N40 billion.

The budget also highlights economic empowerment, with more than N20 billion earmarked for market development, small business assistance, and revitalizing the Maigatari Export Processing Zone, all aimed at generating jobs and creating opportunities for youth and entrepreneurs.

To tackle environmental issues like flooding and erosion, N16.8 billion has been allocated for climate resilience projects, including the Agro-Climate Resilience in Semi-Arid Landscapes (ACReSAL) initiative to mitigate climate change impacts.

Additionally, N10.72 billion has been allocated for the second phase of the Mass Housing Programme, which aims to provide affordable housing for residents.

Read also: Tragic Collision Claims Lives During Maulud Celebration in Gagarawa, Jigawa State

Governor Namadi also presented a consolidated budget of N173.5 billion for Local Government Councils, covering personnel costs, overhead expenses, and grassroots capital projects.

He urged the state assembly to expedite the budget’s passage to ensure its implementation at the beginning of the new fiscal year.

Hot this week

Govenors of Yobe, Gombe, and Bayelsa endorse the 2025 budget

The governors of Yobe, Gombe, and Bayelsa states took...

Tinubu reaches Lagos for the Christmas and New Year celebrations

President Bola Ahmed Tinubu has made his way to...

Gov Yusuf states that the cabinet reshuffle is in the best interest of Kano

Governor Abba Kabir Yusuf has once again rejected speculations...

Tinubu names 72 executives for 12 river basin authorities

President Bola Ahmed Tinubu has sanctioned the reorganization of...

I will organize a protest regarding the inadequate welfare of police – FCT leader

In the Bwari chiefdom, a prominent traditional title holder...

Topics

Honeywell Reloaded: Flour Mills of Nigeria Revives Its Iconic Brand

Flour Mills of Nigeria Plc (FMN), the leading food...

Fintech in Nigeria: Breaking Barriers and Driving Inclusion

Nigeria’s fintech industry continues to break barriers, driving financial...

Nigeria to Host Africa’s Largest Tech Expo

In a major boost to its tech credentials, Nigeria...

Edtech Revolution: Nigerian Startups Transforming Education

Nigeria’s edtech sector is witnessing unprecedented growth, with startups...

Telegram Sees A Rise In User Data Sharing With Law Enforcement

Recently published information from the messaging platform Telegram indicates...

BMW’s Latest User Interface Displays Widgets on the Windshield at CES 2025.

BMW is completely overhauling its in-car user interface, beginning...

Lagos Tech Summit Focuses on AI and Blockchain

The annual Lagos Tech Summit returned in 2025 with...
spot_img

Related Articles

Popular Categories

spot_imgspot_img