News

2026 budget: Infrastructure Takes Priority in Nasarawa

The Nasarawa State Government has unveiled its 2026 budget with infrastructure development taking the highest allocation of ₦145.9 billion, representing 26.76% of the total budget.

Governor Abdullahi Sule recently signed into law the State’s 2026 appropriation bill of ₦545.2 billion as passed by the State House of Assembly.

Presenting the budget analysis on Tuesday in Lafia, Commissioner of Finance, Budget, and Planning, Hajiya Munira Abdullahi, said the budget, entitled “Budget of Strategic Consolidation,” has a total size of ₦545.2 billion, representing a 41.86% increase over the 2025 budget.

She said the budget prioritises infrastructure development, with an allocation of ₦145.9 billion, representing 26.76% of the total budget saying other key sectors with higher allocations include education (₦94.2 billion, 17.29%), internal security, governance, and general administration (₦83.3 billion, 15.29%).

Hajiya Abdullahi said, “The 2026 budget is anchored on the strategic development agenda of the present administration, with strong emphasis on security, infrastructure development, human capital advancement, economic diversification, and job creation.”

She explained that budget is expected to be funded from various sources, including the state’s share of the Federation Account Allocation Committee (FAAC) (₦265.3 billion), internally generated revenue (₦59.8 billion), and capital receipts (₦156.4 billion).

Speaking on the budget’s policy thrust, Abdullahi said, “The Administration prioritizes the timely completion of ongoing capital infrastructure and projects initiated under its tenure to maximize value for money, avoid project abandonment, and ensure the delivery of critical infrastructure that directly improves socio-economic activities.”

The Commissioner while highlighting the performance of the 2025 budget said, it was originally ₦384.3 billion, with recurrent expenditure of ₦160.6 billion and capital expenditure of ₦223.7 billion.

According to her, a supplementary budget of ₦92.1 billion was added due to surplus revenue and the creation of new government agencies.

“As of October 2025, the state government had received ₦235 billion, representing 61.16% of the total anticipated revenue. Recurrent expenditure stood at ₦105.2 billion (65.52% of projected expenditure), while capital expenditure was ₦92 billion (41.15% of the budget figure),” she explained.

Hajiya Abdullahi added that government will continue to be transparent and accountable in managing public resources, with the Ministry of Finance, Budget and Planning committed to monitoring and tracking budget implementation.

She, therefore, called on all stakeholders to support the implementation of the 2026 budget, saying, “I solicit the continued cooperation and maximum support of all stakeholders towards the successful implementation of the 2026 Budget of ‘Strategic Consolidation’, for the collective advancement and sustainable development of Nasarawa State”.

Shares:
Leave a Reply

Your email address will not be published. Required fields are marked *