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Reading: Adamawa Assembly receives ‎₦583.3bn 2026 budget proposal, passes vote of confidence on Fintiri
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Economy

Adamawa Assembly receives ‎₦583.3bn 2026 budget proposal, passes vote of confidence on Fintiri

The Graphic
Last updated: December 18, 2025 10:36 pm
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From Joseph Adahnu , Yola

‎Governor Ahmadu Umaru Fintiri has presented a proposed budget of ₦583.33 billion Appropriation Bill for the 2026 fiscal year to the Adamawa State House of Assembly.

‎Speaking, the Governor said the budget will consolidate infrastructure development, strengthens social services, deepen economic reforms, and sustain peace in the state.

‎The governor who christened  the budget, “Budget of Sustainable Growth and Economic Renewal,” said it is a product of extensive consultations with ministries, departments and agencies (MDAs), lawmakers, and other stakeholders, designed in line with the administration’s 8-Point Agenda.

‎Governor Fintiri noted that the 2026 budget reflects prevailing economic realities and realistic revenue projections, stressing that expenditure priorities were carefully aligned with the state’s fiscal capacity.

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He accordingly, said, the focus would be on completing ongoing projects, initiating new strategic infrastructure, investing heavily in education and healthcare, tackling poverty, hunger and expanding support for agriculture, commerce and small medium enterprises.

‎Fintiri highlighted major achievements of his administration, including youth and women empowerment initiatives, saying over 60,000 beneficiaries had been supported through the Fintiri Business Wallet scheme, with an additional 100,000 persons set to receive ₦50,000 each beginning from December 2025. He said the initiative was projected to lift hundreds of thousands of people out of poverty.

‎He reiterated the state’s commitment to workers’ welfare, noting that Adamawa was the first state to implement the ₦70,000 minimum wage, reforms in the civil service, digitisation of government processes and the gradual roll-out of e-government platforms are improving efficiency and accountability.

‎On infrastructure and social services, Governor Fintir noted that 21 model and mega schools are at the verge of completion and will commence academic activities in the first quarter of 2026. Adding that cottage hospitals are operational, general hospitals were being upgraded, while water schemes, markets, electricity projects and road construction are progressing across the state.

He also announced the reconstructed of Yola ultramodern stadium which will soon be completed.

‎The Adamawa state Governor,  reviewing the 2025 budget performance, recalled that the approved budget stood at ₦621.29 billion after a supplementary budget. “September 30, 2025, the state had realised ₦235.34 billion, representing 37.9 per cent of projected revenue. That ₦189.51 billion had been expended within the first nine months, covering personnel costs, overheads and capital projects.

‎The 2026 proposed budget of ₦583.33 billion, will fund both recurrent and capital expenditures, with continued emphasis on capital development.

Fintiri, said the administration would sustain fiscal discipline through compliance with International Public Sector Accounting Standards (IPSAS) and the State Action on Business Enabling Reforms (SABER) framework.

‎On revenue generation, the governor pledged to expand internally generated revenue by harnessing untapped sources, loans and development financing from international partners. He assured lawmakers that the state would remain prudent in borrowing, focusing on projects with strong revenue potential.

‎He reaffirmed the administration’s commitment to peace, security and democratic cooperation with the legislature, expressing optimism that the 2026 budget would further place Adamawa State on a path of inclusive and sustainable development.

Similarly, Governor Fintiri, announced one-month salary bonus for civil servants.

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