Niger State Governor, Umaru Bago, has presented a budget estimate of N1,558,887,565,358.00 to the State House of Assembly for consideration for the 2025 fiscal year.
The proposed budget is a significant increase from the N805.6 billion allocated for the 2024 fiscal year, reflecting a 48.32% rise.
The 2025 budget proposal is divided into two main components: N196,335,361,443.00 (13%) for recurrent expenditure and N1,362,552,203,915.00 (87%) for capital expenditure.
The budget will be funded through a variety of sources, including statutory allocations of N53.4b, Value Added Tax (VAT) revenue of N85.3b, Federation Allocation Account (FAAC) receipts totaling N236.9b, and an expected N63.36 billion from internally generated revenue (IGR).
Additional IGR sources, including capital receipts, will contribute N933.56b, bringing the total budget size to N1.56tr.
Governor Bago emphasized that the 2025 budget, dubbed the “Budget of Hope for Sustainability and Food Security,” is designed to solidify the state’s socio-economic development and strengthen the foundations of the New Niger Agenda.
He noted that the budget prioritizes key sectors such as security, agriculture and food security, health, education, water and sanitation, infrastructure development, social security, and environmental sustainability.
The governor also highlighted the participatory approach used in preparing the budget, which involved citizen engagement through town hall meetings. This process, he stated, ensures transparency, accountability, and inclusivity, prioritizing the input of the state’s residents in shaping the budget.
Bago’s administration aims to address the state’s development challenges and seize economic opportunities, making the 2025 budget a cornerstone of his government’s vision for Niger’s future.
