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Gov Mutfwang Presents 2025 Budget To Plateau Assembly

Posted by Amarachi on Mon 25th Nov, 2024 - tori.ng

The Governor revealed that the proposed budget for 2025 amounts to ₦471,134,093,541.00, reflecting an increase of ₦156,278,944,988.00 compared to the approved budget for 2024.

 Caleb Mutfwang

Gov Caleb Mutfwang

Plateau State Governor, Caleb Mutfwang presented the 2025 Appropriation Bill, titled “Budget of Consolidation and Sustainability,” along with the Medium-Term Expenditure Framework/Fiscal Strategy Paper (MTEF/FSP) for the period 2025–2027, to the State House of Assembly on Monday, November 25.

The Governor highlighted that the MTEF/FSP delineates his administration’s fiscal strategy aimed at achieving significant economic development objectives, which include fostering economic diversification, reforming public institutions, enhancing human capital, addressing infrastructure shortfalls, and advancing urban renewal and sustainable housing initiatives.

During the presentation, Governor Mutfwang said, “The MTEF/FSP establishes a three-year fiscal plan and serves as the basis for the formulation of the 2025 budget. It details the macroeconomic and fiscal framework for the years 2025–2027. This document adheres to Section 16(1) and (2) of the Plateau State Fiscal Responsibility Law of 2014.

“It guarantees that resources are allocated effectively to priority sectors, representing a conscious effort to enhance transparency and accountability in accordance with global best practices.”


The Governor revealed that the proposed budget for 2025 amounts to ₦471,134,093,541.00, reflecting an increase of ₦156,278,944,988.00 compared to the approved budget for 2024.

“The 2025 Appropriation Bill reflects our commitment to solidify past achievements and ensure the continued growth and development of Plateau State,” he said.

“The implementation of the budget will be guided by the Plateau Strategic Development Framework (PSDF) 2023–2027, which is encapsulated in three pillar policies: Peace, Security, and Good Governance; Sustainable Economic Rebirth; and Physical Infrastructure Development. The budget will be people-oriented, positively impacting the lives of the citizens of our state.”


Governor Mutfwang urged the Assembly to expedite the passage of the bill, emphasizing, “A swift approval will enable us to initiate the implementation of these vital projects without delay.”

In response, Speaker of the House, Gabriel Dewan, assured the Governor of the Assembly’s commitment to acting in the best interest of Plateau State.
 



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