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Finance/Economy

Gov Buni Signs Yobe N515.5b Budget Into Law

By Admin
December 30, 2025 2 Min Read
2

By Sani Gazas Chinade, Damaturu

Yobe State Governor, Hon. (Dr.) Mai Mala Buni CON, COMN, has signed the 2026 appropriation and finance bills of N515.5b into law.

The 2026 budget, christened BUDGET OF ECONOMIC GROWTH AND INFRASTRUCTURAL TRANSFORMATION, is a continuity of the transformation in the education, health, agriculture, infrastructural development and employment sectors to improve the lives of the people.

The Governor while signing the budget, commended members of the State House of Assembly for their commitment to the plight of the people, saying the law provides the government with a legal framework to execute policies and programmes that are beneficial to the people.

The Governor, however, noted that the assembly slightly adjusted the budget from N515,583,000,000 to N515,532,000,000.

Similarly, there is a slight decrease in allocation for capital expenditure with a slight increase in the allocation for recurrent services.

“The net allocation to finance the capital programmes is now N291,903,650:00) or 62%, while the sum of N223,628,350:00 or 38% is earmarked to cover recurrent services,” Governot Buni said.

He assured that the 2026 budget, would be guided by the principles of accountability, probity, transparency with strict observance of due process and budget discipline that have earned this administration recognition in the last six years.

“We shall strive to maintain our position as the leading state in Nigeria in Fiscal Transparency, Accountability and Sustainability as attested by SIFTAS the World Bank initiative, and the best state in budget implementation and fiscal transparency in 2023 and 2024, according to BudgIT report, an independent Budget tracking organisation.

“The Government would continue to institute more control measures to further encourage financial prudence, minimize unnecessary expenditure and ensure that the scarce resources in the coffers of the state government are channeled to finance vital socio-economic services.

“Furthermore, as part of measures to ensure effective and efficient implementation of the budget, the office of the Secretary to the State Government, the State Ministry of Budget and Planning and the State Ministry of Finance will continue to give clear policy direction to the MDAs with a view to ensuring effective monitoring and assessment of the effects of our fiscal policy and optimum growth and development of the state economy in all ramifications,” he added.

Earlier, the Speaker, Yobe State House of Assembly, Hon. Ciroman Buba Mashio, had expressed the commitment of the Assembly towards a harmonious working relationship with the executive arm to effectively serve the people.

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2 Comments
  1. binance anm"alan says:
    February 4, 2026 at 11:59 am

    Thanks for sharing. I read many of your blog posts, cool, your blog is very good.

    Reply
    1. Admin says:
      February 4, 2026 at 1:49 pm

      Thanks so much

      Reply

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