Governor Agbu Kefas on Monday presented an estimate of ₦429.8 billion as the 2025 Taraba budget to the State House of Assembly for consideration.
The budget has a recurrent expenditure of 39.9 per cent and capital expenditure of 61 per cent.
The governor, who tagged it “budget of transformation”, said it reflected the blueprint of his administration, which aimed at transforming the state in terms of infrastructure and economic growth.
He said the 2024 budget has recorded 46.7 per cent implementation so far and assured that machinery was being put in place to ensure a better budget performance next year.
|
---|
Earlier, Kizito Bonzema, the speaker of the State House of Assembly, said the state had recorded tremendous improvements in areas of security, education, human capital development, workers welfare and infrastructural rehabilitation.
READ ALSO: Taraba renames Government House after T.Y. Danjuma
Mr Bonzema, who rated the 2024 budget performance as fair, assured that the house would ensure quick passage of the budget without compromising on thoroughness.
NAN recalls that the 2024 budget for Taraba State was N311billion.
(NAN)
Support PREMIUM TIMES' journalism of integrity and credibility
At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all.
Whether you turn to Premium Times for daily updates, in-depth investigations into pressing national issues, or entertaining trending stories, we value your readership.
It’s essential to acknowledge that news production incurs expenses, and we take pride in never placing our stories behind a prohibitive paywall.
Would you consider supporting us with a modest contribution on a monthly basis to help maintain our commitment to free, accessible news?
Make ContributionTEXT AD: Call Willie - +2348098788999