Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Binance Coin Rises on BNB Chain Haber Upgrade, Tokyo Event

    July 11, 2026

    Fitch Affirms Lagos State at ‘B’ with Stable Outlook

    July 11, 2026

    Oil Prices Increase 6% in 5 Days over Mixed Market Concerns

    July 11, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Binance Coin Rises on BNB Chain Haber Upgrade, Tokyo Event
    • Fitch Affirms Lagos State at ‘B’ with Stable Outlook
    • Oil Prices Increase 6% in 5 Days over Mixed Market Concerns
    • Russia Bans Diesel Exports over Domestic Shortage
    • Bitcoin, Ethereum Rally Nudge Crypto Market to $2.21trn
    • Fubara Presents N1.85 Trillion Budget for 2026 Fiscal Year
    • ITF Begins Screening of Artisans for Global Competitiveness Training
    • XRP Price Hovers at $1.11 as Ripple Seals Partnership Deals
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Saturday, July 11
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Nasarawa: Sule Presents N517.5bn 2026 Budget Proposal to Assembly

    Nasarawa: Sule Presents N517.5bn 2026 Budget Proposal to Assembly

    Olu AnisereBy Olu AnisereNovember 27, 2025Updated:November 27, 2025 News No Comments3 Mins Read
    Nasarawa: Sule Presents N517.5bn 2026 Budget Proposal to Assembly
    Gov. Abdullahi Sule of Nasarawa State
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Nasarawa: Sule Presents N517.5bn 2026 Budget Proposal to Assembly

    Gov. Abdullahi Sule of Nasarawa State, on Wednesday, presented a budget proposal of N517.5 billion for the 2026 fiscal year to the state House of Assembly for approval.

    Sule, while presenting the appropriation bill tagged “Budget of Strategic Consolidation” before the Assembly in Lafia, commended the legislature for their consistent support in passing appropriation bills.

    He explained that the theme of the 2026 budget was in line with his administration’s development agenda to consolidate on ongoing infrastructure projects, enhance connectivity and economic competitiveness among others.

    According to the governor, the sum of N212.79 billion representing 41.12 per cent of the budget is earmarked for recurrent expenditure, while N304.75 billion goes for capital expenditure.

    Sule said that the ratio of the recurrent to capital spending shows improvement in his administration’s commitment to investing in capital spending.

    He highlighted the main sectoral breakdown of the budget to include:

    Administrative Sector, N108.70 billion, Economic Sector, N221.84 billion

    Law and Justice Sector, N16.09 billion, and Social Sector, N170.92 billion.

    The governor further stated that the sub-sectors breakdown shows that Infrastructure would gulp N157.80 billion representing 30.5 per cent,

    Education, N92.91 billion representing 7.95 per cent, Science, Technology and

    Digital Economy, N4.92 billion, representing 0.95 per cent, Governance, Security and General Administration, N142.96 billion representing 27.62 per cent.

    Others are Finance, Investment and

    Trade, N39.19 billion representing 7.57 per cent, Health, N37.19 billion representing 7.19 per cent, Agriculture and

    Water Resources, N31.85 billion representing 6.15 per cent, Environment and Community Development, N28.32 billion representing 5.42 per cent.

    Also, Information and

    Tourism to take N18.65 billion representing 3.60 per cent, Legislation,  N16.59 billion representing 3.21 per cent , Law & Justice, N16.09 billion representing 3.11 per cent, Youth and Sport Development N10.01 billion representing 1.93 per cent, as well as  Humanitarian and Women Empowerment to gulp N2.50 billion representing 0.48 per cent of the budget.

    Sule said that his administration remains committed to enhancing  capacity to serve the people of Nasarawa State.

    Receiving the budget,  Dr Danladi Jatau, Speaker of the Assembly assured the governor of effective collaboration and  speedy passage of the budget proposal for the growth and development of the state.

    “I want to reassure you that the 7th Assembly under my leadership will continue to uphold the highest standards of legislative excellence.

    “We will remain steadfast in our mandate, and we shall provide the necessary legislative backing to ensure that government policies and programmes are implemented smoothly, effectively for the benefit of our people,” he said.

    Jatau urged Ministries, Departments and Agencies of the state to comply with all budgetary provisions in the implementation of the budget.

    He also called on the people of the state to continue to promote peace, unity, brotherhood and mutual respect, irrespective of political ,ethnic and religious affiliations.

    “Let us continue to support Gov. Abdullahi  Sule, as we work together to build the Nasarawa State of our dreams,” he said. The state’s 2025 budget was at N476.5bn. #Gov. Abdullahi Sule of Nasarawa State

    NCR Plc: Uncertainties Cloud Earnings Outlook

    Nasarawa
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Olu Anisere
    • Website
    • LinkedIn

    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

    Keep Reading

    Binance Coin Rises on BNB Chain Haber Upgrade, Tokyo Event

    Fitch Affirms Lagos State at ‘B’ with Stable Outlook

    Oil Prices Increase 6% in 5 Days over Mixed Market Concerns

    Russia Bans Diesel Exports over Domestic Shortage

    Bitcoin, Ethereum Rally Nudge Crypto Market to $2.21trn

    Fubara Presents N1.85 Trillion Budget for 2026 Fiscal Year

    Add A Comment

    Comments are closed.

    Editors Picks

    Binance Coin Rises on BNB Chain Haber Upgrade, Tokyo Event

    July 11, 2026

    Fitch Affirms Lagos State at ‘B’ with Stable Outlook

    July 11, 2026

    Oil Prices Increase 6% in 5 Days over Mixed Market Concerns

    July 11, 2026

    Russia Bans Diesel Exports over Domestic Shortage

    July 11, 2026

    Bitcoin, Ethereum Rally Nudge Crypto Market to $2.21trn

    July 11, 2026
    Latest Posts

    Binance Coin Rises on BNB Chain Haber Upgrade, Tokyo Event

    July 11, 2026

    Fitch Affirms Lagos State at ‘B’ with Stable Outlook

    July 11, 2026

    Oil Prices Increase 6% in 5 Days over Mixed Market Concerns

    July 11, 2026

    Russia Bans Diesel Exports over Domestic Shortage

    July 11, 2026

    Bitcoin, Ethereum Rally Nudge Crypto Market to $2.21trn

    July 11, 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.