Zamfara State Governor Dauda Lawal on Thursday presented an appropriation bill of ₦545 billion to the State House of Assembly for the 2025 fiscal year.
Governor Lawal said the 2025 budget comprises 28 per cent recurrent expenditure amounting to N151,680,000, while the capital expenditure stood at N393,334,575, representing 72 per cent.
He emphasized that the 2025 budget represents a roadmap for addressing the pressing needs of Zamfara state.
“It is a vision for the future of Zamfara. It is also a testament to our resolve to transform challenges into opportunities and deliver a more prosperous, secure state for our people,” Lawal was quoted as saying in a statement by his spokesman, Sulaiman Idris.
“Over the past 18 months, we have achieved remarkable revenue growth of 240.44%, elevating our state from 36th to 26th in Nigeria’s internal revenue generation standings. This is a testament to the rigorous revenue generation drive and strategic measures implemented by this administration to block revenue leakages.
“We have demonstrated our unwavering commitment to financial sustainability through enhanced accountability, improved collection systems, and the expansion of revenue sources.
“While this achievement is commendable, it is crucial to note that the increase is in relative terms rather than absolute. We will ensure revenue-generating MDAs redouble their efforts by thoroughly exploring all potential sources and maximizing opportunities.
“To speed up the process of economic development and secure a brighter future for our people, we have embarked on transformative projects with significant potential to strengthen the state’s financial standing. A notable example is the Gusau International Airport, which this administration awarded to align with our strategic vision.”
The proposed budget is a little higher than the 2024 appropriation.
The governor described the 2025 proposed budget as a response to reforms and inflationary trends impacting different sectors across the country.
[…] Chairman of Transcorp Group, Mr Tony Elumelu, has called on the Federal Government to urgently prioritise security and power […]