Governor Bala Mohammed of Bauchi State has presented a N878.152 billion 2026 Appropriation Bill to the State House of Assembly for consideration.
Mohammed, while presenting the budget estimate tagged “Budget of Consolidation and Sustainability,” addressed members at the Bauchi State House of Assembly Chamber inside the Ahmadu Bello International Conference Centre.
Under the budget proposal, N567.47 billion has been allocated for capital expenditure (65%), while N310 billion is earmarked for recurrent expenditure (35%).
The governor said the budget would be funded through federation allocation, Internally Generated Revenue (IGR), aids and grants, and capital development receipts.
He explained that the budget was prepared against the backdrop of major macroeconomic reforms at the national level, including the removal of Premium Motor Spirit (PMS) subsidies and fiscal corrections that have helped Nigeria avert a macro-fiscal crisis.
Of the total N878.15 billion budget, statutory allocations account for N89.36 billion, Value Added Tax (VAT) is projected at N100 billion, and Internally Generated Revenue (IGR) at N64.61 billion.
Recurrent expenditure for the fiscal year stands at N312.69 billion (35%), while capital expenditure totals N567.47 billion (65%).
The governor projected that Bauchi State would benefit from improved national oil output, with Nigeria’s economy expected to grow by 3.7% in 2026, while inflation is anticipated to fall to 15.9%.
He said his administration would focus on water supply, agriculture, education, rural development, and the payment of pensions and gratuities to retired civil servants.
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Governor Mohammed expressed appreciation to Abubakar Y. Suleiman, the Speaker, and other members of the assembly for their support, cooperation, and legislative backing in delivering impactful governance across the state.
“In service to our people, I salute your courage, forthrightness, and resilience. It is my earnest hope that the unity and collaboration demonstrated by the executive, legislature, and judiciary in building a peaceful and prosperous Bauchi will continue to bear lasting fruit,” he said.
In his remarks, Suleiman commended the governor for the judicious utilisation of the 2025 budget, which he said had transformed the state in terms of human and infrastructural development.
The speaker assured the governor and the people of the state that the house would accord the 2026 budget a speedy passage.
