Sokoto State Governor, Dr. Ahmad Aliyu, on Friday, offered a N526.88bn price range proposal for the 2025 fiscal yr to the state Home of Meeting.
The governor described the proposed price range because the “Transformational and Infrastructural Funds,” emphasising its give attention to long-term improvement.
The price range is split into N176.3bn for recurrent expenditure and N349.4bn for capital initiatives.
The capital expenditure constitutes 66% of the full price range, highlighting the administration’s dedication to infrastructural improvement.
Aliyu additional revealed that the schooling sector would obtain the very best allocation, with roughly 25% of the full price range earmarked for it, adopted by well being, agriculture, and work.
Whereas presenting the price range, the governor defined that 44% of the price range would cowl recurrent prices, together with the brand new minimal wage of N70,000 for state employees, pension funds, and different authorities overheads.
He assured the state’s civil servants of the brand new wage implementation starting in January 2025, acknowledging their continued assist for the administration.
“I’m delighted to announce that we are going to implement the brand new minimal wage of N70,000 from January 2025,” Aliyu mentioned,
He additionally emphasised that his administration has not borrowed funds from monetary establishments to finance any initiatives.
“Thus far, we’re not owing any contractor within the state,” he added.
Reflecting on the 2024 price range, the governor acknowledged ongoing safety challenges in sure native authorities areas, regardless of important achievements in different sectors.
He assured the Meeting and the individuals of Sokoto State that his administration stays dedicated to fostering financial progress and addressing safety issues.
The governor emphasised the significance of synergy between the state’s safety forces, conventional rulers, non secular leaders, and different key stakeholders to sort out the safety points hindering improvement.