Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Oando Half-Year Revenue Hits N2.1 Trillion, Up 20%

    August 4, 2026

    President Tinubu Raises Military Salaries by Up to 80%

    August 4, 2026

    Nigerian Naira Firmer Against Dollar on Robust FX Liquidity

    August 4, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Oando Half-Year Revenue Hits N2.1 Trillion, Up 20%
    • President Tinubu Raises Military Salaries by Up to 80%
    • Nigerian Naira Firmer Against Dollar on Robust FX Liquidity
    • Nigeria Needs Execution, not Ideas, for Energy Growth – NMDPRA
    • AI Can Accelerate Growth in Developing Countries – World Bank
    • CBN Allots N2.2tn OMO Bills to Match Banks, Foreign Investors Demand
    • Investors Lose N599bn as NGX Tanks over Banking Stocks Selloffs
    • Oil Prices Rise over US-Iran Peace Talks Uncertainty
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Tuesday, August 4
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » Economy » Nasarawa Assembly Passes N545.2bn 2026 Budget

    Nasarawa Assembly Passes N545.2bn 2026 Budget

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiDecember 23, 2025 Economy No Comments2 Mins Read
    Nasarawa Assembly Passes N545.2bn 2026 Budget
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Nasarawa Assembly Passes N545.2bn 2026 Budget

     The Nasarawa State House of Assembly has passed the 2026 Appropriation Bill of N545.2 billion into law, following deliberations in Lafia on Tuesday.

    The House increased the budget by N27.6 billion from the N517.5 billion earlier presented by Gov. Abdullahi Sule.

    Speaker of the House, Danladi Jatau, announced the passage during plenary, describing it as a major legislative milestone for the state.

    Jatau said the bill, if assented to, would enable the government to initiate people-oriented projects for the overall development of Nasarawa State.

    He commended House standing committees for what he described as their “diligence and good work” during the budget review process.

    The Speaker urged the executive to ensure full implementation of the budget once it receives the governor’s assent.

    “A Bill to authorise the issue of N545.18 billion from the Consolidated Revenue Fund for 2026 has scaled third reading and passed,” Jatau said. He said capital expenditure stood at N316.26 billion, while recurrent expenditure was N228.72 billion.

    Jatau explained that the N27.6 billion increment was due to the “current surge in inflation” affecting project and service costs.

    He said security-related votes received an additional N14 billion, while the Ministry of Local Government was allocated an extra N7 billion.

    According to him, the Ministry of Information, Culture and Tourism got N3.7 billion, alongside funding for the 55km Lafia–Kwandere–Garaku road project. The Speaker directed the Clerk to produce a clean copy of the bill for Governor Sule’s assent.

    Earlier, Majority Leader, Suleiman Azara, moved the motion for passage, which was seconded by Minority Leader Luka Zhekaba. The House unanimously passed the bill into law.

    The governor presented the N517.5 billion proposal on November 26, tagged “Budget of Strategic Consolidation”.

     While presenting the bill, Sule commended the Assembly for its consistent support in passing appropriation bills on time. #Nasarawa Assembly Passes N545.2bn 2026 Budget#

    Nasarawa Assembly
    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

    NEC Approves Refinancing of $3.3bn Project Gazelle

    NUPRC Seeks Deeper Industry Collaboration to Strengthen Nigeria’s Energy Future

    United Capital Microfinance Bank grows capital to N5.6bn

    FirstHoldco Jumps 25% on Post-Earnings Momentum, Firm Cuts TP

    FCMB Gains 11% as Group Hints at H1 2026 Earnings, Incentive Plan

    Access Holdings Surges 16% in Pre-Earnings Bets

    Add A Comment

    Comments are closed.

    Editors Picks

    Oando Half-Year Revenue Hits N2.1 Trillion, Up 20%

    August 4, 2026

    President Tinubu Raises Military Salaries by Up to 80%

    August 4, 2026

    Nigerian Naira Firmer Against Dollar on Robust FX Liquidity

    August 4, 2026

    Nigeria Needs Execution, not Ideas, for Energy Growth – NMDPRA

    August 4, 2026

    AI Can Accelerate Growth in Developing Countries – World Bank

    August 4, 2026
    Latest Posts

    NEC Approves Refinancing of $3.3bn Project Gazelle

    August 4, 2026

    NUPRC Seeks Deeper Industry Collaboration to Strengthen Nigeria’s Energy Future

    August 3, 2026

    United Capital Microfinance Bank grows capital to N5.6bn

    July 29, 2026

    FirstHoldco Jumps 25% on Post-Earnings Momentum, Firm Cuts TP

    July 26, 2026

    FCMB Gains 11% as Group Hints at H1 2026 Earnings, Incentive Plan

    July 26, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    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.