Gov. Yahaya presents N536 billion 2026 budget to Gombe assembly
Gombe State Governor, Inuwa Yahaya, has presented a budget of N535.69 billion to the state House of Assembly for its legislative duty ahead of the 2026 fiscal year.
The budget, tagged “Budget of Consolidation,” was presented to the state House of Assembly on Thursday in Gombe.
Mr Yahaya, while presenting the figures, said that N535,691,983,000.00 was recurrent and capital expenditures.
He said that out of the figure, N164,250,813,000.00 was allocated for recurrent expenditure, accounting for 30.66 per cent, while N371,441,170,000.00 was earmarked for capital expenditure, representing 69.34 per cent of the budgeted sum.
Explaining how the budget would be funded, Mr Yahaya said, “In the 2026 fiscal year, we plan to generate the sum of N416,102,996,204.00 only as recurrent revenues and the sum of N225,570,000,000.00 only as capital receipts.”
According to him, the state’s estimated closing balance for 2025 is expected to be in the region of N100 billion.
The governor said the budget was titled “Budget of Consolidation” to reflect his administration’s determination to consolidate its gains and institutionalise impactful governance.
He said the budget was designed to be both visionary and pragmatic, thereby ensuring that the state’s fiscal policies translated into tangible improvements in the lives of its citizens.
On the performance of the 2025 budget of N451.66 billion, Mr Yahaya said as of September 30, it stood at N219.029 billion, representing 60.12 per cent.
Abubakar Luggerewo, Speaker of the Gombe State House of Assembly, commended Mr Yahaya for his administration’s efforts towards improving the wellbeing of citizens of the state.
Mr Luggerrewo assured that speedy and due legislative activities on the budget would be carried out in the interest of the people and the development of the state.
(NAN)
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