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Benue Governor Alia Presents N550bn 2025 Budget To Assembly - Politics - Nairaland 671b5c

Benue Governor Alia Presents N550bn 2025 Budget To Assembly (5274 Views)

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God1000(m): 7:49pm On Dec 11, 2024
Benue State Governor Hyacinth Alia, on Wednesday, presented a budget estimate of N550 billion for the 2025 budget.

Presenting the proposed budget to the state Assembly, Alia explained that the estimate represented a 47.5% increment over the 2024 revised and approved budget.

Tagged ‘Budget of Human Capital Development, Food Security, and Digital Economy’, the governor said the intention of his istration was to stay within the limits of its recurring revenue to build dreams, without accruing unnecessary debts for generations unborn.

He added that since the proposed 2025 budget was a deficit one, he envisaged that his government may borrow a conservative sum of N26 billion.


While the budget proposed the sum of over N174 billion as current expenditure to sustain the minimum wage payments and other incidental costs associated with overheads, the proposed capital expenditure stands at N375 billion which represents 71.5% increase over the 2024 revised budget.

The governor said, “Mr Speaker, Honourable , the intention of the government is to stay within the limits of its recurring revenue to build the Benue of our dreams, without accruing unnecessary debts for generations unborn.


Let me take it again,' Okpebholo struggles with numbers during budget presentation
“This explains why Benue State is among the few states in the country that are offsetting the indebtedness, paying salaries, and meeting other financial and infrastructure commitments without recourse to borrowing.



“However, since the 2025 budget is a deficit one, it proposes a borrowing plan of a conservative sum of Twenty-Six Billion, and Fifty-Three Million, Nine Hundred and Fifty-Three Thousand, Seven Hundred and Thirty-Six Naira Thirty-Two Kobo only (N26,053,953,736.32K).

“This represents a modest 4.7% of the proposed aggregate expenditure for 2025. This is lower than the State’s Debt-to-GDP ratio of 8.2% which is within the benchmark of the 25% debt sustainability threshold.

According to the sectoral breakdown of expenditure estimates, the istration took the lion’s share with over N212 billion and the economy about N197 billion.

Further sectoral breakdown of expenditure estimates includes education & knowledge management to gulp about N83 billion, health & human services about N83 billion, agriculture & food security N84 billion, law and justice about N27 billion, security about N47 billion, infrastructure, N110 billion and Social Welfare, N5 billion.

Others are commerce about N59 billion, digital economy about N19 billion and others about N35 billion.

https://punchng.com/benue-gov-presents-n550bn-2025-budget-to-assembly/?amp

1 Like

God1000(m): 7:49pm On Dec 11, 2024
Alia took a jab at Okpebholo there


I think this catholic priest is trying his best, he should ensure the money is well spent.


Security and governance is what Benue people are asking for

8 Likes 2 Shares

eliwa47(m): 7:52pm On Dec 11, 2024
Am sure Gov. Alia can pronounce that Figure/amount perfectly grin

3 Likes

oluseyiforjesus(m): 7:52pm On Dec 11, 2024
In china most present n past governors would HV being hang
sunsplash99(m): 7:52pm On Dec 11, 2024
Let's see the video so we could compare with that of Edo

1 Like

BigDawsNet: 7:53pm On Dec 11, 2024
Wonderful

Benue will be the new Oslo in the next 4years

2 Likes

yusufu16: 7:53pm On Dec 11, 2024
this state assembly look like a beer parlor sha

10 Likes 1 Share

Aliveandhealthy: 7:54pm On Dec 11, 2024
Rev Father, how did you pronounce the billion? Hope it’s not confusing you like your counterpart in Edo.
ATEAMS: 7:58pm On Dec 11, 2024
Naxxxo
Smartjeezy01(m): 8:00pm On Dec 11, 2024
He is a good Man.

1 Like

MASTERCHIEF0847(m): 8:01pm On Dec 11, 2024
The Priest is doing a good job after the utter mess his predecessor Ortom left behind.

3 Likes

MASTERCHIEF0847(m): 8:01pm On Dec 11, 2024
yusufu16:
this national assembly look like a beer parlor sha
It's a temporary arrangement as the assembly complex is under renovation.

3 Likes 1 Share

davidtemi(m): 8:10pm On Dec 11, 2024
All of them should sha try dey do budget of digits they can pronounce to us.

Stupid govs

2 Likes

ObiaboAdoka(m): 8:13pm On Dec 11, 2024
yusufu16:
this national assembly look like a beer parlor sha
State assembly.
AbahJFK: 8:15pm On Dec 11, 2024
MASTERCHIEF0847:
The Priest is doing a good job after the utter mess his predecessor Ortom left behind.

Yes he is, the common man love him but the big men don't like him

1 Like

MASTERCHIEF0847(m): 8:16pm On Dec 11, 2024
AbahJFK:


Yes he is, the common man love him but the big men don't like him
True. Big men aka Big thieves.
Pat081: 8:39pm On Dec 11, 2024
yusufu16:
this national assembly look like a beer parlor sha
80 % right
wunmi590(m): 8:55pm On Dec 11, 2024
eliwa47:
Am sure Gov. Alia can pronounce that Figure/amount perfectly grin

Lol, what do you expect, he will over pronounce it self...

A Catholic priest, that have done alot of church project with billions of naira won't know how to pronounce figure ke...

2 Likes

Sleekfingers: 9:02pm On Dec 11, 2024
Edo state Governor...see your mate ooooo.....

The figures is not confusing him ......

Edo state Governor the bloody olodo . ...he was sweating just to call out mere figures....
Blackdisciple(m): 9:13pm On Dec 11, 2024
oluseyiforjesus:
In china most present n past governors would HV being hang

No time bro
JagabanBorgu: 9:52pm On Dec 11, 2024
God1000:
Alia took a jab at Okpebholo there


I think this catholic priest is trying his best, he should ensure the money is well spent.


Security and governance is what Benue people are asking for
Few weeks ago I was in Benue, the civil servants there are still suffering like they did under Ortom.
Many of them couldn't afford light bills, primary school teachers have to borrow to feed, seems anything u followers of Iienus is a fraud.

17 Likes

M0DESTLADY(f): 10:51pm On Dec 11, 2024
Okay
EmekaA125(m): 10:56pm On Dec 11, 2024
Why is the State Assembly looking like a primary school classroom??
Nawaoo
Benue and Kogi, I no know which one useless .
EmekaA125(m): 10:58pm On Dec 11, 2024
Benue State as a whole should be turned into a large farming agriculture base. I know the value chain it would yield will be massive.
Autodidact101: 12:36am On Dec 12, 2024
N550bn is a paltry sum for a whole state, my goodness. I didn't know Benue was poor. What will this achieve? This is just going to be looted.
God1000(m): 4:39am On Dec 12, 2024
.
EBO100: 5:18am On Dec 12, 2024
JagabanBorgu:

Few weeks ago I was in Benue, the civil servants there are still suffering like they did under Ortom.
Many of them couldn't afford light bills, primary school teachers have to borrow to feed, seems anything u followers of Iienus is a fraud.
...

Oga abi madam?
You lie
Even teachers receives salaries before the month ends
AcadaWriter0: 6:13am On Dec 12, 2024
Alia made a comment about Okpebholo. I believe this Catholic priest is doing his best, and he should make sure the funds are used wisely. The people of Benue are seeking security and good governance.
Gordonz07(m): 6:34am On Dec 12, 2024
JagabanBorgu:

Few weeks ago I was in Benue, the civil servants there are still suffering like they did under Ortom.
Many of them couldn't afford light bills, primary school teachers have to borrow to feed, seems anything u followers of Iienus is a fraud.
That is not true.
Workers have nicknamed the governor Mr 25th for a reason.
November salary was delayed because he pronounced and implemented minimum wage of 75k just few days to 25th of November.
Almost all government workers have been paid the new minimum wage.
Workers that haven't received their salaries should go check what is wrong. Alia's regime is far better than Ortom's regime. So, allow our governor breathe well.
Rumundele(m): 7:41am On Dec 12, 2024
I am seeing a failure here, this is not catholic church where everything is YES FATHER. He sack anyone that objects his opinion and frolicking with opposition and attacking people that fault for his victory.
A man that preaches forgiveness in church cannot forgive someone with mere oversight during project commissioning. The only perfect one is God, i thought the priest knows that.
Please anyone in Benue should point and list the project he has done since he was sworn in as Governor of Benue State.
The next election always open everybody's page.
BiqErico2006(m): 11:12am On Dec 12, 2024
I hope you know dat even God forgives but punishes
Dats their punishment cool[b][/b] yh

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