While presenting the budget, Malam Umar Namadi explained that over 534 billion has been earmarked for capital expenditure, representing 77 per cent, and over 149.7 billion naira allocated for recurrent expenditure, representing 21 per cent of the budget size.
According to him, 11.8 billion naira representing about 1.7 per cent was set aside for contingency and stabilisation Funds and Public Debt Charges.
He pointed out that, education got the highest allocation of 184 billion naira, representing 26.4 percent of the budget size.
He said, 136 billion naira was earmarked for agriculture.
Namadi said that 0.76 billion naira has been allocated for personnel cost representing about 13 per cent, adding that, overheads and other recurrent expenditure for these, the sum of almost N63.69 billion was earmarked representing slightly over 9 per cent of the total budget.
“While for capital investment programmes as earlier mentioned, total financing proposed for the capital projects and programmes during the 2025 Fiscal Year is N534.76 billion, equivalent to over 76 per cent”
“Key revenue sources include; Statutory Allocation from the Federation Account: N34 billion, State Share of Value Added Tax (VAT): N80 billion and other Federal Transfers N134.1 billion, comprising Forex Equalisation, Exchange Gains, Solid and Non-Mineral Revenue Receipts, and Signature Bonuses”.
While emphasising the importance of transparency and accountability, Namadi said the focus would be on industrialisation to drive employment and income generation, improve internally generated revenue, development, and prosperity in the state.
Responding, the Speaker of the state House of assembly,Alhaji Haruna Aliyu Dangyatin said the proposed estimate reflected the administration’s dedication to sustainable growth and progress of the state.
Dangyatin therefore, assured that the legislature would work closely with the executive to ensure effective implementation of the budget, stressing that they would look deeply into the budget documents for legislative scrutiny.
“We will work tirelessly to ensure that the benefits of this budget reach all citizens of Jigawa state”.
Radio Nigeria reports that, the appropriation bill tagged: Budget of Innovation and Transformation for Greater Jigawa is higher than the 2023 estimate by 82 percent.
Usman Mohammed
