Governor Agbu Kefas Presents N429.8 Billion Budget Estimate For 2025.

The Governor of Taraba state His Excellency, Dr. Agbu Kefas  has presented a budget estimate of  N429.8 Billion for the 2025 fiscal year with a special focus on education, job creation, infrastructures, and agriculture, security, and tourism. 

The budget was laid on the floor of the state assembly this Monday, the 25th of November, 2024.

Presenting the appropriation bill before the members of the Taraba state House of Assembly at the assembly complex, in Jalingo the state capital, Governor Agbu Kefas explained that it encapsulated the vision to build a more prosperous, inclusive, and sustainable state with the title, budget of transformation, will reposition the state to achieve the moving forward agenda of his administration.

According to the 2025 budget estimate laid before the state parliament, N266.12 billion representing 61.5% of the total amount was set aside for capital expenditure, while N163.78 billion representing 38.1% of the estimate was earmarked as recurrent expenditure.

Governor Agbu Kefas noted that the recurrent expenditure includes personnel cost, and overhead cost, while capital expenditure relates to the cost of infrastructures and other developmental projects.

The Governor explained that the budget is anchored on strategic investment and is tailored to drive growth and enhance the quality of life of the people. 

According to him, the 2025 budget estimate was carefully prepared to consolidate the gains of the 2024 budget with strategic priority to education, job creation, infrastructures, agriculture, security, and tourism, among others. 

He added that the Taraba Master Development Plan will be the working document of the state in 2025.

The speaker of Taraba State House of Assembly Rt Hon John Kizito Bonzena in his address of welcome commended the leadership of Dr. Agbu Kefas which is responsible for the construction, remodelling, and reconstruction of several projects within and outside the state. 

He pledged that the 10th assembly would give the bill an accelerated hearing for timely passage.






(c) Kefas Movement

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