₦airaland Forum

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 supported 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.

courage89:
Who, what’s keeping Flour Mill from flying? Great fundamentals, strong cash flow, strong balance sheet, credit ratings of A-/A. Why is it still crawling?
Cash balance of 214 billion as of Q2 including their recent debt of 85 billion @12%. This cash balance alone translates into 52 naira per share vs. current share price of 33.10 naira.

I need help guys, what I’m I missing?

yinkeys:
You are naive if you think that country doesn’t commit monstrous crimes globally for the benefit of themselves
Look who is taking the moral high ground for goodness sake
This is basically business witch hunt
More Nigerians will lose jobs when air peace goes down
We have our politics wrong
They are turning Nigerians poor and into potential slaves daily
They are after him because Air Peace is probably getting slots to fly to US, England, Dubai
They only want their carriers to fly Nigerians/foreigners to Atlanta I think
We aren’t even producing or exporting anything at this point
They just want us to be consuming all of their rubbish as well as to export all our jobs
We have the consumption numbers but aren’t even producing anything
They will soon sell most of the country
$ is approaching 2000 naira
Dont worry, when Nigeria turns to a large gun sales market/point for them your eyes will open
No jobs, the unenlightened in the north are turning to Lukarawas.
Sudan probably loading

GeeKudi:
Same here. Didn’t see it when I checked my CSCS yesterday.

Kobojunkieee:
Is it me or are these supposed mini-grid projects basically individual companies trying to get themselves weaned off of dependence on petroleum for power generation needs and basically source alternative ways of supporting their own private businesses in Nigeria? Essentially, I don't see how this helps the Nigerian situation as the vast majority of the generated energy will not be put into distribution at the end of it all. I am not saying the companies have no right to pursue their own interest. I simply wonder why it is being advertized as some sort of improvement for all in Nigeria when it does not seem the case at all.

God1000:
Nazis of our time

I Wonder how she'd feel if her family was targeted and the families of every bought politician in US, wouldn't you feel so alone, helpless, wishing and praying for help. Here you are, in a position to stand for what is right, instead you sign a weapon of mass destruction.

Nikki Haley is truly an ignorant, soulless human being.

This kind of behavior should be condemned by all who value human life and dignity. How can we ever achieve peace when so-called leaders are inciting more bloodshed and hatred?

The good thing is when you play God, God will come for you, we will see who finishes who

nairavsdollars:
Election strategy. You think say Oshiomhole mumu

Angelfrost:
Good move... But approving the days won't suffice.

If we want to boost Agriculture across the nation, the government must make the sector flourish and profitable.

Give out lands on lease to unemployed youths with the passion and interest... Teach them modern farming practices, gift them fertilizers, and seedlings.

In less than 10 years, there will be an agricultural revolution culminating in massive exportation of agricultural products.


Above all... Tackle Insecurity once and for all!