An estimated budget of N486 billion was submitted on Monday by Ahmadu Umaru Fintiri, the governor of Adamawa State, for the fiscal year 2025.
During his presentation of the Appropriation Bill, “Budget of Service,” to the esteemed Adamawa State House of Assembly, the Governor disclosed that the proposed budget represents a one hundred percent increase compared to the 2024 budget.
Of the overall budget of N486 billion, Finitiri said that recurrent expenses will be N137 billion, or 28.23%. The remaining N348 billion, or 71.77%, would go towards capital projects.
His administration has pledged to achieve its eight-point agenda—security, infrastructure development, healthcare, food sufficiency, and education—throughout this budget, he said. “Extensive consultations” had gone into its creation.
With a budget of N88 billion set out for road construction throughout the state, Fintiri highlighted the administration’s commitment to improving the state’s transport network.
“We are cognisant of the paramount necessity to link towns with drivable roadways in order to facilitate swift economic expansion,” he stated.
As part of his remarks on education, the governor emphasised the importance of enhancing the system from elementary school to college.
We are committed to reassessing the condition of our higher education institutions. He added: “We will assist all schools in guaranteeing their revitalisation and ongoing enhancement in other tertiary establishments.”
He also spoke on healthcare, pledging N12 billion for the fiscal year of 2025 to make healthcare more accessible and affordable.
According to him, “We have dedicated a significant N12 billion to health insurance, reinforcing our commitment to improving healthcare access.”
Jobs, food, and tax income are all directly tied to agriculture, as Finitiri pointed out.
“The 2025 budget estimate proposes a sum of N12 billion for the agricultural sub-sector to strengthen farm mechanisation and ensure the safety of our farmlands,” according to him.
Finitiri praised the Speaker and the state assembly members for their support and collaboration, expressing his thanks.
“This budget represents more than just a financial plan; it’s a vision for a better Adamawa State,” he said in his last remarks.
The Governor of Adamawa State was reassured by the House of Assembly Speaker, Rt. Hon. Wesley Bathiya, that the house will engage with key stakeholders to expedite the bill’s passage.
He promised to work with the governor to make sure Adamawa’s citizens reaped the benefits of democracy.
Read the full Speech
By His Excellency, Rt. Hon. Ahmadu Umaru Fintiri, CON,
The Governor of Adamawa State,
On the Occasion of the Presentation of the 2025 Appropriation Bill to the Adamawa State House of Assembly
16th December, 2024
Mr. Speaker, Honourable Members,
1. I am happy to be here again in fulfilment of the provision of Section 121 Subsections 1 and 2 of the 1999 constitutions as amended. The wisdom of this provision requires that I present to this Honourable House an appropriation Bill that will guide the state’s expenditure and revenue for the year 2025.
2. Mr. Speaker, this is the fifth time, I am gracing this chamber in the discharge of this constitutional responsibility. Indeed, it is the second time I am presenting the bill to this assembly under your leadership. The pattern of presentation and the message it carries have been consistent and in sync with the yearnings and aspirations of our people and the studious requirement for the development of our dear state.
3. It is a message that speaks to our needs as a people and the kind of investments needed to meet those needs; our dignity and what is needed to sustain it; our welfare and livelihood and what social and physical infrastructures are needed to respond to them.
4. Mr. Speaker, to keep faith with this tradition, we have invested enough time and resources in the preparation of this year’s budget. We have tasked the enlarged EXCO to provide detailed, comprehensive and implementable estimates from their Ministries and Agencies. We went as far as putting them on the spot to provide an account of what they are doing with the 2024 allocations and the justification for the 2025 propositions. More importantly how aligned are their individual propositions to our 8-Point Agenda and the administration’s philosophy of making sure that no one is left behind and nothing is left untouched. So, I am happy to announce that what we are presenting to you is the result of hard work and broad consultations aimed at scaling up the tempo of development, and moving higher the levers of an all-inclusive growth of our dear State.
5. I want to thank the EXCO members for the painstaking work and the clear understanding of the time-tested culture of this administration which is nothing short of service to the people and the state.
6. Mr. Speaker, Honourable Members, in this spirit, I must especially thank you for not only what you do in this House as the most outstanding constitutional symbol of democracy through the discharge of your legislative duties, but giving your respective constituencies, responsible representation that aligns solidly with the tradition of service to the people and the state. The speed with which you attend to legislative business, both insight and oversight, is a testament that you are as intuitive as the executive is, in understanding the needs of our people and what is required to build the Adamawa of today and indeed the future.
7. As a government, we have been through this route severally. Every time we come here, we have tried to provide a vivid account of our performance and record over the years. Today, I am departing from this convention because these records have become so huge that they have developed the right voice to speak loud for themselves. We have equally, instituted a Ministerial Press briefing to continually engage the citizens on the administration’s performance. While I do not wish to spend time on our numerous achievements in this sitting, permit me to state that we have impacted the social, economic and political life of Adamawa citizens in fundamental ways and intend to continue on that trajectory.
8. For instance, through the Fintiri Business Wallet alone, we have empowered 25,000 of our women and youth to expand their businesses. Beginning from tomorrow another batch of 60,000 people will be further given #50,000 each under the scheme, making a total of 85,000 beneficiaries. Going by the United Nation’s conventional definition of an ideal household as five (5) people eating from the same pot, this is an empowerment that is expected to free at least 425,000 people from abject poverty on the minimum. We intend to do more as we walk into 2025.
9. Adamawa state is the first state to implement the ₦70,000 Minimum Wage along with other measures aimed at addressing the welfare of our workers and pensioners. We intend to do more just as we reposition our civil service for better service delivery. We are increasingly using ICT in government operations hoping to fully digitize and implement e-government ecosystem to enhance efficiency, accountability and accuracy in the state.
10. Considering the relief recorded on the burden of commuting and its attendant guarantee of safety for our travelers, by the deployment of our Fresh Air buses plying the roads, we plan to procure more of the buses and make them available at highly subsidized rates for the citizens.
11. With several brand-new model schools, cottage hospitals, water schemes, markets, stadium, electricity projects, urban and rural road construction and so on, we have positively touched and are touching every sector in Adamawa State.
12. Mr. Speaker, Honourable members, to manage our plurality and the tension inherent in identity agitations for self-determination among a majority of our population, we are working with this House in driving a well-coordinated reform in our traditional institution. This reform would reposition the traditional institution to smartly play better roles in our affairs; create more centers of dispute arbitration and resolution at the communal level; provide the right governance in all ungoverned spaces within our polity; form more hubs for local intelligence gathering to aid our security system and above all strengthen social cohesion and confer on our people more dignity and pride as citizens.
13. Mr. Speaker, Honourable Members, the 2025 Budget has taken into consideration the realities of today’s economic situation. As an administration, we have purposefully assessed our projected revenue so as to place our priorities right and our expenditure proportionate to what is economically realistic. With this, the Budget proposal is projected to complete critical infrastructure and construct new ones in the state; invest more in the social sector such as education and health, combat poverty and hunger through more targeted deployment of resources into agriculture, commerce and capital injection into Small and Medium Enterprises. These are pivotal building blocks for the progress and development of our society.
REVIEW OF THE 2024 BUDGET
14. Mr. Speaker, Honourable Members, before I present the 2025 Proposed Annual Budget, it is customary that I review the current Budget performance in terms of Actual Revenue that accrued to the state and in particular on what they were expended on within the last three quarters of the financial year for your appreciation. The review as a tradition, is also meant to reflect and evaluate past performance, cover the short fall and consolidate on our successes in order to move the state forward.
15. Based on this, I want to refresh your memories on the fact that this Honourable Assembly late last year approved the total sum of ₦225,893,690,626.00 for the 2024 fiscal year to finance both the Recurrent and Capital expenditure of the state. However, during the 2024 fiscal year, the state received and recorded an additional inflow of revenue to the tune of ₦55,256,595,280.00 of which a supplementary budget was approved bringing the budget size to ₦281,150,285,906.00. Out of this, the sum of ₦134,758,001,526.00 which represents 47.9% of the total Approved Estimate was earmarked for Recurrent Services and ₦146,392,284,380.00 was earmarked to service capital development programmes and services in the state. This represents 52.10% of the budget.
16. It is worth noting that out of the Approved Budget for 2024 financial year, the State Government realized the sum of ₦154,867,434,612.78 as Revenue from all its revenue sources as at 30th September, 2024. The breakdown of the total Revenue shows that ₦91,154,488,233.12 was realized from Statutory Allocation, ₦9,160,540,811.37 from Internally Generated Revenue and ₦42,400,000,000 from Capital Receipts.
17. In the same vein, the total sum of ₦154,867,434,612.78 was expended on the various Recurrent and Capital development as at September, 2024. The breakdown of this expenditure is made up of the sum of ₦34,181,772,417.30, expended on Personnel emolument, ₦41,448,082,384.32, on Overhead Cost, and ₦79,237,579,811.16, expended on Capital Development projects and programmes in the state within the fiscal year.
2025 Proposed Budget Estimate
18. Mr. Speaker, Honourable Members, having acquainted you with the general performance of the 2024 Approved Budget, may I now present to you and this Honourable Assembly, the 2025 proposed Appropriation Bill as duly bestowed on me by the Constitution for the financing of all government programmes and services in the State in the incoming financial year.
19. Having considered all factors, this administration is presenting the sum of ₦486,218,047,600 as the 2025 Proposed Annual Budget towards the financing of both the Recurrent and Capital Development Programmes within the 2025 fiscal year. The Budget is articulated on the current Macro-Economic indicators of:
Table 1
S/NO ITEM VOLUME/RATE
1 Oil Production Bench mark 1.8mbpd
2 Oil price Bench mark $80.00 per barrel
3 Exchange Rate ₦1,314.94 to $
4 National GDP Growth Rate 2.96%
5 National Inflation Rate 23.0%
20. The 2025 Proposed Budget is in line with the Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). Out of the total Proposed Budget Estimate of ₦486,218,047,600, the sum of ₦137,256,217,610, which represents 28.23% is earmarked for Recurrent services, while the balance of N348,961,829,990 which is 71.77% of the total Projected Annual Budget is earmarked for Capital Development Programmes and services in the state.
21. Breakdown of the Budget in Terms of Revenue and Expenditure
Table 2: REVENUE
S/N Economic Line-Item Description 2025 Proposed Budget (₦) %
1 Statutory Allocation 53,000,000,000 10.9
2 Share of Vat 91,000,000,000 18.7
3 Excess non-oil 12,000,000,000 2.4
4 Exchange rate gain 50,000,000,000 10.3
5 Ecological /Flood funds 10,632,000,000 2.2
6 Electronic money transfer 3,500,000,000 0.7
7 State infrastructure & security 42,000,000,000 8.6
8 Signature bonus 60,000,000,000 12.3
9 Other FAAC distribution 48,000,000,000 9.9
10 Independent revenue 24,568,582,500 5.1
11 Capital receipts 91,517,465,100 18.8
Total 486,218,047,600 100
Table 3: EXPENDITURE
S/N Economic Line-Item Description 2025 Proposed Budget %
1 Personnel Cost 72,774,125,500.00 15
2 Overhead Cost 64,482,092,110.00 13
4 Capital Expenditure 348,961,829,990.00 72
Total Budget Size 486,218,047,600.00 100.0
BREAK DOWN OF THE BUDGET
22. While we await a detailed breakdown of the 2025 Budget by the Honourable Commissioner of Budget and Economic Planning in a press briefing shortly after this presentation, permit me to furnish you with the allocations of funds aimed at touching the lives of the people in the 2025 proposed Budget:
Code Expenditure Allocation (₦)
023400100100 Ministry of Works and Energy Development 88,887,728,830.00
051700100100 Ministry of Education and Human Capital Development 40,407,396,580.00
022000700100 Office of the Accountant General 25,877,656,320.00
012500700100 Adamawa State Staff Pension Board 23,973,974,900.00
022200100100 Ministry of Commerce 21,443,404,840.00
016100100100 Office of the Secretary to the State Government 17,960,954,510.00
023800100100 Ministry of Budget & Economic Planning 15,719,763,210.00
025300100100 Ministry of Housing & Urban Development 14,340,067,820.00
016105600100 State Action on Business Enabling Reforms (SABER) 14,119,200,000.00
051705100100 Post Primary Schools Mgt Board 14,037,899,740.00
011101800100 Security and Special Services Department 12,963,755,500.00
016102100100 Poverty Alleviation Agency 12,883,600,000.00
021500100100 Ministry of Agriculture 12,695,312,040.00
052100100100 Ministry of Health and Human Services 12,646,274,760.00
025400100100 Ministry of Rural Infrastructure & Community Development 11,060,140,560.00
MAJOR POLICY OBJECTIVES OF THE 2025 ESTIMATES
23. The State Government will continue to work in line with the Federal Government directives to follow International Public Sector Accounting Standards (IPSAS) and now (SABER) to ensure that there is Transparency and Accountability in Budget preparation and implementation.
24. To uphold Budget discipline, all MDAs are directed to quote the classification code and balance of vote of charge on their memos when requesting for release of funds, to enable our financial experts to properly classify and track releases as appropriate
25. Mr. Speaker, Honourable members, let me also inform you that Adamawa State 2025 Budget preparation has a gradual shift from the usual analog system to the present world digitalization of programmes and policies. In the light of this therefore, we are introducing e-budgeting which will reduce the usual preparation of budget on hard copies to the use of CD plates and flash drives. This is intended to cut cost to enable funds to be allocated for developmental and social proprammes that will benefit the people. By this we are expecting MDAs to brace up in training their staff and equipping their ICT facilities for meaningful progress.
26. In order to ensure the growth of our Revenue base, Government will continue to harness untapped sources of Internally Generated Revenue to boost the Internally Generated Revenue of the State.
27. The vision 20-20-30 National Plan as well as the Sustainable Development Goals will continue to be in our developmental targets. As we pursue our duties with diligence, we will ensure that all social and economic spheres are addressed as required focusing on key priority areas to change the fortunes of the state.
28. RETIREMENT EXPENDITURE
Mr. Speaker, Honourable Members, it may interest you to note that among all our achievements, the government was able to offset reasonable amount of backlog of gratuity and pension of retired civil servants within the 2024 fiscal year. We will continue to build on this success to ensure that the issues of backlog of gratuity and pension arears are subdued.
29. CAPITAL EXPENDITURE
In the 2024 fiscal year, the sum of N146,392,284,380 was earmarked for capital expenditure. However, the sum of N79,237,579,811.16 was expended as at 30th September,2024 on priority projects and programmes which includes infrastructure, Education, Health, Agriculture, General Administration and so on due to low revenue inflow. All these projects indeed brought relief to citizens of our dear State.
30. CAPITAL RECEIPTS
These are made up of grants, aids, loans and so on. Government is however, optimistic that substantial funds will be received in the next fiscal year through world bank and other funding agencies. The Government also intends to use internal loans to finance some of the priority projects that have high revenue yielding potentials.
31. INTERNAL SECURITY
Mr. Speaker, Honourable members, it is now well known in the nation that Adamawa is one of the most peaceful states. It is my pleasure to make a clarion call for all Honourable Members and the entire citizens of the state to continue to thank God almighty for the peace enjoyed in the state. We will continue to build on this, ensuring that the atmosphere is made conducive for investment and social activities to thrive in the state. In this respect, we shall continue to employ the services of relevant stakeholders in the security architecture of the state.
CONCLUSION
32. In conclusion, I wish to express my sincere appreciation and profound gratitude to the entire House, for the cordial relationship that exists so far between the two organs of Government. It is my fervent wish that we maintain this relationship in the interest of nurturing democracy and service to our people.
33. Mr. Speaker, Honourable Members, the 2024 budget has re-engineered our system and our people. The 2025 budget is crafted to serve them better. It is therefore, my privilege and singular honour to present to you the state 2025 Appropriation Bill christened the BUDGET OF SERVICE.
34. Merry Christmas and a prosperous new year in advance.
God Bless Adamawa State
God Bless the Federal Republic of Nigeria
Thank you all.
