Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Nigerian Stocks Plunge, Investors Lose N104bn as Banking Names Dip

    October 22, 2026

    US, European Markets Edge Higher on Tech, AI Led Momentum

    October 22, 2026

    Oil Prices Rise on Elevated Supply Risk, Brent Nears $112

    October 22, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Nigerian Stocks Plunge, Investors Lose N104bn as Banking Names Dip
    • US, European Markets Edge Higher on Tech, AI Led Momentum
    • Oil Prices Rise on Elevated Supply Risk, Brent Nears $112
    • Nigerian Banks Place N9trn at SDF Window, Rates Diverge
    • Daily FX Update: Naira Depreciates as US Dollar Outflow Surges
    • Guinness Nigeria Profit Surges 53%, Declares N7 as Dividend
    • Access Holdings Loses 6% of Market Value as Bears Strike
    • Senate Rejects NMDPRA’s PMS Import Records, Summons Agency Heads
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Thursday, October 22
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Aliyu presents N526.9bn proposal to Sokoto assembly

    Aliyu presents N526.9bn proposal to Sokoto assembly

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiNovember 30, 2024Updated:November 30, 2024 News No Comments2 Mins Read
    Aliyu presents N526.9bn proposal to Sokoto assembly
    Governor Ahmed Aliyu, Sokoto State Governor
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Aliyu presents N526.9bn proposal to Sokoto assembly

    Gov. Ahmed Aliyu of Sokoto State on Friday presented the proposed 2025 Appropriation Bill of N526.9 billion to the State House of Assembly. Tagged the Transformation and Infrastructural Sustainability Budget,” the governor highlighted plans to implement a new minimum wage of N70,000 for state workers starting from January 2025.

    He expressed gratitude to the civil servants for their support to his administration. Aliyu disclosed that the budget comprised N176.3 billion for recurrent expenditure and N349.4 billion for capital expenditure. “This allocation reflects a focus on capital projects, which takes 66 per cent of the total budget, while 34 per cent is earmarked for recurrent expenditure.

    “The key components of the recurrent expenditure include the new minimum wage for state workers, payment of pensions and gratuities for senior citizens, and the overhead costs of running government operations,” he explained.

    The governor said that the education sector received the highest allocation of 25 per cent, followed by the health sector, underscoring his administration’s commitment to critical development areas.

    Reviewing the 2024 budget, Aliyu said efforts to tackle banditry in the state have begun yielding positive results, crediting the successes to the gallant efforts of security personnel and the government’s focus on enhancing safety.

    “Security challenges in some local government areas remain a significant concern in spite of some notable achievements.

    “However, we are determined to accelerate economic growth and development across the state,” he stated. Aliyu pledged to strengthen collaboration with security agencies, traditional rulers, religious leaders, and other key stakeholders to address recurring security challenges bedeviling the state.

    The governor also expressed gratitude to the lawmakers, traditional rulers, elder statesmen, religious leaders, and the citizens for their support and prayers for his administration’s success.

     In his response,  the Speaker Alhaji Tukur Bala, congratulated Aliyu on the budget presentation and assured its swift legislative approval to facilitate the state’s development agenda.#Aliyu presents N526.9bn proposal to Sokoto assembly# Privatise Oil, Gas Pipelines for Energy Security- PETAN Chairman

    2025 Budget Ahmed Aliyu Sokoto State
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Keep Reading

    Nigerian Stocks Plunge, Investors Lose N104bn as Banking Names Dip

    US, European Markets Edge Higher on Tech, AI Led Momentum

    Oil Prices Rise on Elevated Supply Risk, Brent Nears $112

    Nigerian Banks Place N9trn at SDF Window, Rates Diverge

    Daily FX Update: Naira Depreciates as US Dollar Outflow Surges

    Guinness Nigeria Profit Surges 53%, Declares N7 as Dividend

    Add A Comment

    Comments are closed.

    Editors Picks

    Nigerian Stocks Plunge, Investors Lose N104bn as Banking Names Dip

    October 22, 2026

    US, European Markets Edge Higher on Tech, AI Led Momentum

    October 22, 2026

    Oil Prices Rise on Elevated Supply Risk, Brent Nears $112

    October 22, 2026

    Nigerian Banks Place N9trn at SDF Window, Rates Diverge

    October 22, 2026

    Daily FX Update: Naira Depreciates as US Dollar Outflow Surges

    October 22, 2026
    Latest Posts

    Nigerian Stocks Plunge, Investors Lose N104bn as Banking Names Dip

    October 22, 2026

    US, European Markets Edge Higher on Tech, AI Led Momentum

    October 22, 2026

    Oil Prices Rise on Elevated Supply Risk, Brent Nears $112

    October 22, 2026

    Nigerian Banks Place N9trn at SDF Window, Rates Diverge

    October 22, 2026

    Daily FX Update: Naira Depreciates as US Dollar Outflow Surges

    October 22, 2026

    Subscribe to News

    Get latest news from MarketForces Africa...

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.