Nasarawa assembly passes N402.5 billion 2025 budget
The Nasarawa State House of Assembly, on Friday, passed the 2025 appropriation bill of N402.5 billion.
Governor Abdulahi Sule had on November 29 presented a budget of N382.5 billion to the assembly for consideration.
The assembly, however, increased the budget, christened “Budget of Economic Growth and Stability,” by N20 billion.
Danladi Jatau, speaker of the Assembly, attributed the increase in the budget to the current economic situation and inflation in the country.
“This House approved the upward review of the budget size by N20 billion to enable the government to meet with the current economic realities in the country.
“The sum of N402.5 billion has been passed by this assembly as the budget for 2025.
“The budget covers N166.4 billion for recurrent expenditure and N236.2 billion will go into capital expenditure.
“This appropriation bill, if assented to by the governor, will enable the government to execute people-orientated projects for the overall development of the state,” Mr Jatau said.
(NAN)
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