Economy
Plateau Gov Presents N471 Budget of Consolidation and Sustainability To NASS
The Governor of Plateau State, Caleb Mutfwang, has presented a ₦471 billion budget titled “Budget of Consolidation and Sustainability,” to the state’s House of Assembly.
The Appropriation Bill was tabled before the lawmakers along with the Medium-Term Expenditure Framework/Fiscal Strategy Paper (MTEF/FSP) for the period 2025–2027, on Monday, November, 25.
Mutfwang explains that the three-year fiscal plan aligns with his government’s vision to enhancing transparency and ensuring that the state’s resources are properly allocated.
Mutfwang’s 2025 budget totals ₦471 billion, representing a ₦156 billion increase compared to the budget approved for the previous year.
The Governor emphasized that the proposed bill was in accordance to the law stating: “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 disclosed his commitment to the continued growth of the state adding, “The 2025 Appropriation Bill reflects our commitment to solidify past achievements and ensure the continued growth and development of Plateau State.”
Highlighting key focuses of the budget, 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 emphasized the need for the lawmakers to give a speedy passage of the bill saying: “A swift approval will enable us to initiate the implementation of these vital projects without delay.”
The Speaker of the House of Assembly, Gabriel Dewan, assured the Governor of the Assembly’s commitment to performing its duty in the best interest of the people of Plateau State.