Nigeria: Adamawa Approves N609.1bn Draft Budget for 2027
[Daily Trust] The Adamawa State Executive Council has approved a draft budget of N609.1 billion for the 2027 fiscal year, with a major focus on infrastructure development and human capital investment.
The Adamawa State Executive Council in Nigeria has approved a draft budget of N609.1 billion for the 2027 fiscal year, with a strong emphasis on infrastructure development and human capital investment. The proposal, approved at a meeting presided over by Governor Ahmadu Umaru Fintiri, allocates 54.4% of the total budget to capital expenditure and 45.6% to recurrent expenditure.
Commissioner for Information and Strategy, Barrister Leader Leneke, announced that the approval marks the beginning of the formal process for preparing the 2027 Appropriation Bill. The budget also includes several expenditures aimed at addressing immediate development needs, such as the provision of biology instructional materials for secondary schools and the electrification of specific communities.
Brief written by urgent.news from AllAfrica's own syndicated text. Machine-written — it may contain errors, so check the original before relying on it.
