November 8, 2025

Yobe Projects N515.58bn for 2026 Fiscal Year — Commissioner

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The Yobe Government has projected a total revenue and expenditure of N515.583 billion for the 2026 fiscal year, according to the state Commissioner for Budget and Economic Planning, Alhaji Mustapha Musa.

Musa disclosed this on Thursday in Damaturu at a press briefing on the proposed 2026 budget recently presented to the State House of Assembly by Gov. Mai Mala Buni.

He said the budget was designed to consolidate the gains of the previous fiscal year and to further strengthen the state’s economic and social development initiatives.

The commissioner explained that the approved 2025 budget size stood at N320.796 billion, with N243.642 billion expected from recurrent revenue and N72.154 billion from other receipts.

He said that from January to September 2025, the government realised N263.745 billion, representing 82 per cent of the targeted revenue.

According to him, recurrent expenditure for the period was N125.570 billion out of the N162.707 billion allocation, achieving 77.2 per cent performance, while capital expenditure recorded 69.5 per cent performance with N109.866 billion expended out of N158.089 billion.

“This performance highlights our commitment to prudent fiscal management and effective budgetary implementation,” he said.

Musa stated that the 2026 proposed budget of N515.583 billion was based on realistic revenue projections from both internal and external sources.

He said the internal sources were estimated at N414.583 billion, including N10 billion opening balance, N56.118 billion statutory allocation, N80.819 billion share of VAT, N92.763 billion from other federation accounts, N16.183 billion internally generated revenue, and N158.7 billion other capital receipts.

He added that the external inflows were expected to reach N101 billion, including contributions from NG-CARES (N20 billion), SABER (N10 billion), HOPE-Gov (N2 billion), ACReSAL (N1 billion), Women Development (N1 billion), RAAMP (N306 million), and AGILE (N376 million).

On expenditure, the commissioner said N192.128 billion, representing 37.3 per cent of the total budget, was allocated for recurrent expenditure.

He said this would cover salaries, pensions, gratuities, overheads, social contributions, and loan repayments.

Musa said capital expenditure was projected at N323.455 billion, or 62.7 per cent of the total budget, with the economic sector receiving N245.703 billion (47.7 per cent) and the social sector N200.329 billion (38.9 per cent).

The administrative sector, he said, would receive N63.967 billion (12.4 per cent), while the law, peace, and justice sector was allocated N5.584 billion (1.1 per cent).

He said the allocations reflected the state’s commitment to inclusive growth, infrastructure expansion, and social welfare enhancement.

“In line with the policy of bottom-up budgeting adopted by the administration of Gov. Mai Mala Buni, this proposal reflects the aspirations of our people and the shared vision for sustainable development,” he said.

Musa called on stakeholders, development partners, and citizens to support the implementation of the 2026 budget to achieve the state’s developmental goals.

He said with sustained collaboration and prudent resource management, Yobe would continue to experience economic stability and progress.

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