The Plateau State Governor, Caleb Mutfwang, on Monday, presented the 2025 budget proposal of ₦471.13 billion to the State House of Assembly for approval.
The governor, who christened the appropriation bill as “Budget of Consolidation and Sustainability,” said it prioritizes infrastructure development, economic growth, and peace-building across the state.
He added that the sum of ₦201.52 billion was earmarked for recurrent expenditure and ₦269.61 billion for capital expenditure in the budget.
Mutfwang said: “This budget, tagged “Budget of Consolidation and Sustainability,” reflects our commitment to solidify past achievements and ensure the continued growth and development of Plateau State.
“The total proposed budget size is Four Hundred and Seventy-One Billion, One Hundred and Thirty-Four Million, Ninety-Three Thousand, Five Hundred and Forty-One Naira (₦471,134,093,541.00) only.
“This amount consists of a recurrent component of Two Hundred and One Billion, Five Hundred and Twenty-Two Million, Four Hundred and Thirty-three Thousand, Two Hundred and Sixty-Four Naira (N201,522,433,264.00) only representing 43.46% of the total budget size and capital budget estimate of Two Hundred and Sixty-Nine Billion, Six Hundred and Eleven Million, Six Hundred and Sixty Thousand, Two Hundred and Seventy-Seven Naira (N258,852,660,277.00) only, representing 56.54% of the total budget.
“The total budget size indicates an increase of One Hundred and Fifty-Six Billion, Two Hundred and Seventy-Eight Million, Nine Hundred and Forty-four Thousand, Nine Hundred and Eighty-Eight Naira (N156,278,944,988.00) only over the 2024 approved budget.”
The governor stressed that the budget was designed to build on the achievements of previous years and address the challenges faced by the state, including insecurity and economic hardships.
He highlighted the importance of collaboration between government agencies, security forces, and citizens to ensure effective implementation of the budget.
He noted that the proposed budget also reflects a strong commitment to transparency and accountability.
The Speaker of the House, Gabriel Kudangbena Dewan, promised that the assembly would do justice to the appropriation bill.