Governor Mohammed Umaru Bago of Niger State has submitted the 2024 Supplementary Budget to the Niger State House of Assembly, totalling approximately N213,737,470,338.00. This budget includes provisions for the new N70,000 National Minimum Wage for civil servants.
The Speaker, Rt. Hon. Barr. Abdulmalik Sarkin Daji, announced that the governor forwarded this budget along with three other correspondences to the legislators, which were read during the plenary session of the House.
The Speaker emphasised the importance of the proposed 2024 Supplementary Budget, highlighting its potential to stimulate economic activities in the state due to the anticipated increase in funds. He stated that the budget would be considered by the House and subsequently passed into law.
The recurrent expenditure is set at N36,859,819,029.12, while the capital expenditure stands at N176,877,651,108.88.
In addition to the supplementary budget, the House also received the 2024 proposed revised budget, submitted by Governor Bago for review and approval. The governor highlighted the necessity of revising the budget to align with current economic conditions, citing factors such as the removal of fuel subsidies, inflation, and the devaluation of the naira. The revised budget aims to support the government's development initiatives and provide essential social services to the citizens.
Furthermore, Governor Bago submitted the Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF and FSP) 2025-2027 for the House's deliberation and approval, in accordance with the State Fiscal Responsibility Law (FRL) 2010 Section 13(i) b.
Additionally, the governor nominated Alh. Ahmed Abubakar for the position of Auditor-General for Niger State, subject to the House's screening and confirmation process.