NewStats: 3,261,738 , 8,174,960 topics. Date: Friday, 30 May 2025 at 10:53 AM 6q432o

Niger State Governor, Umaru Bago has proposed to the state’s draft budget estimate for the 2025 fiscal year, totalling N1.20 trillion.

The Governor’s Special Adviser on Digital Media and Strategy, Abdullberqy Usman Ebbo, announced this on his X page.

Ebbo noted that the Commissioner for Budget and Planning, Mustapha Ndajiwo, revealed the details during his presentation at the Niger State Executive Council meeting held at the Government House in Minna.

The Niger State Government at its Executive Council meeting on the 26th November 2024 presented a draft 2025 fiscal year budget estimate of N1.20tn for Council approval,” he stated

Breakdown of the 2025 draft budget
The draft budget consists of two major allocations:
Recurrent expenditure: N188.42 billion (15.68%)
Capital expenditure: N1.01 trillion (84.34%)
Ndajiwo disclosed the proposed budget marks a 32.94% increase compared to the approved budget for 2024.

He noted that although the 2024 budget had been supplemented by N191.98 billion, the draft 2025 budget reflects an increase of 1.18% in recurrent expenditure and 32.98% in capital expenditure, signaling a strong focus on infrastructure and development.

“informed the Council that when compared with the approved budget of 2024, the estimate represents an increase of 32.94%,” the statement read

Factors driving the budget increase
Governor Umaru Bago explained that the increase in the 2025 budget was driven by two main factors:

Infrastructure gaps in the state
The inflationary trend in the country
“The size of the estimate was informed by the gap in infrastructure and key development areas and the inflationary trend of the country,” the statement read.

Following the presentation, the Executive Council approved the 2025 budget estimate and directed the Hon. Commissioner for Budget and Planning, Mustapha Ndajiwo, to prepare the draft for submission to the Niger State House of Assembly.

What you should know
Niger State government as part of its plans to increase agriculture production and reduce post-harvest losses has entered into a partnership with Chinese Special Agro-industrial Processing Zone facilities in Chendgu, Mlian Uang, and De Yang City, all within Sichuan Province to acquire more knowledge to improve the quality of agricultural products.

The Secretary to the State Government, Abubakar Usman, emphasized that this will foster knowledge sharing, technology transfer, and investment opportunities to enhance food security and improve the quality of agricultural products in the state.

The state government allocated 1.2 million hectares of land as part of a significant $2.5 billion livestock investment initiative between Nigeria’s Federal Government and JBS, a leading Brazilian meat processing company.

As a pilot state, Niger is poised to benefit significantly from the initiative.

The creation of one million jobs.
The development of 100,000 new homes in farm estates.
Establishment of 100 agricultural facilities across the state.
Additionally, the project will be ed by the Sokoto-Badagry Super Highway, which spans 125 kilometers through Niger State, facilitating the success of the initiative and boosting the state’s infrastructure.

https://nairametrics.com/2024/11/28/governor-umaru-bago-proposes-n1-20-trillion-budget-for-2025-fiscal-year/

Clowning or governing?

So much money without economic activities = inflation

Where is he going to get the money, how much is IGR of Niger state, oh I think he is hoping for Niger delta oil money. They are the owner of Niger state oil wells.

Kudos to the agricultural government. This is commendable. It will be nice to see how his government balance Niger’s budget

Since Niger state was created Umar Bago is the biggest fraudster among all the former governors of the state

OK

I like the capital expenditure proportion to recurrent.

Just curious, what are the projected sources of this budget finance? Are these mostly from state IGR, or from oil/gas, VAT, and borrowing?

It's that time of the year again when governors are to cash out

Jesus wept!!!

Hope money to settle bandits de insyd

Cuz

Omo

The figures I de see for this 2025 budget outright crazy

Wtf

Wait let me ask, what exactly is Niger state's contribution to Nigeria's economy

.

This would only lead to hyper inflation if the monies are not well utilized

So much money with nothing to show at the end of fiscal year.

The article doesn't even state how Bago intends to fund this trillion naira budget.

party of thieves…

lol

Zulu11zulu:
Where is he going to get the money, how much is IGR of Niger state, oh I think he is hoping for Niger delta oil money. They are the owner of Niger state oil wells.

That is why you don't hear them Agitating for Arewa Nation...

The South East wants to go.....

The South South wants to go.....

The South West wants to go....

Even the North Central wants to go....

Only the Core North wants to maintain "One Nigeria"

Because they are not really sure of how to survive if Nigeria is divided.

Hope no be our oye money him take de plan ahead?

yarimo:
Since Niger state was created Umar Bago is the biggest fraudster among all the former governors of the state

.
Really? I had the impression he was doing "quite well" compared to the others

Wow..
Just wow!!
A state that generates about 10 billion naira a month (120 billion naira a year) is planning to spend 1.2 trillion naira in a year; 10 times what it generates!
No be juju be that?
No wonder they're vehemently against the tax reform bill.
That tax reform bill must become law.
After VAT, resources control is next.

Bago is the only working governor that Niger state has ever produced!

I think state governments may be awash with more cash has the fuel subsidy is gone.

This used to eat into their monthly allocation.

The creation of one million jobs.


POS gangs


We hail dee

RedScorpion:


That is why you don't hear them Agitating for Arewa Nation...

The South East wants to go.....

The South South wants to go.....

The South West wants to go....

Even the North Central wants to go....

Only the Core North wants to maintain "One Nigeria"

Because they are not really sure of how to survive if Nigeria is divided.

Actually from the article there's nothing wrong with this budget

He has a very big asset of 2 million hectaees of arable farmland

He's partnering with Chinese to use land for farming


This is a good strategy

Although the implementation we will see how well it goes

Wow 😲

It's easy to create 1 million jobs with the mouth but in reality ko easy

Even Niger state is doing T1.2 as if it's easy. I think somehow either it's becoming a joke or it's a competition on who proposes higher figures.