Gov. Agbu Kefas Presents Taraba State 2025 Budget Estimate of N429.8b

By Raymond Enoch

The aTaraba State Governor Dr Agbu Kefas has presented N429.8b budget for 2025 fiscal year.

Kefas said the estimate budget of over N266 billion representing N61.5 percent was set aside for capital expenditure, while over N160 billion naira representing N38.1 percent of the estimate was earmarked as recurrent expenditure.

The Governor said the recurrent expenditure includes personnel cost, overhead cost, while capital expenditure relates to the cost of infrastructures and other developmental projects.

He further explained that the budget is anchored on strategic investment tailored to drive growth, and enhanced quality of life of the people.

According to him, the twenty twenty five budget estimate was carefully prepared to consolidate on the gains of twenty twenty four budget with strategic priority to education, job creation, infrastructures, agriculture, security, and tourism, among others.

He said that the Taraba Master Development Plan will be the working document of the state in twenty twenty five.

Earlier, the Speaker Taraba State House of Assembly Rt Hon John Kizito Bonzena commended the leadership of Agbu Kefas which is responsible for construction, remodelling and reconstruction of several projects within and outside the state.

He pledged the assembly resolve to give the bill an accelerated hearing for timely passage.