Business
Tinubu’s Reforms Raise Nasarawa Allocation From N4.5bn to N16bn Monthly- Sule
Nasarawa State Governor, Abdullahi Sule, has said the economic reforms introduced by President Bola Ahmed Tinubu have increased the state’s monthly allocation from the Federation Account from about N4.5 billion to approximately N16 billion.
Sule made the disclosure in Lafia while receiving members of the Renewed Hope Ambassadors National Media Tour, led by the Special Adviser to the President on Information and Strategy, Bayo Onanuga.
The team, comprising presidential media aides and more than 50 senior journalists, is on a nationwide inspection tour of federal and state government projects across the North-Central region.
According to Sule, the increase in federal allocations has created additional fiscal space for Nasarawa State to execute major projects and respond more effectively to the developmental needs of its residents.
The governor said the state previously received between N3.8 billion and N4.5 billion monthly from the Federation Account, limiting its ability to undertake major capital projects.
He acknowledged that the removal of fuel subsidy and other reforms initially created economic difficulties but praised Tinubu for taking what he described as difficult decisions in the interest of the country.
Sule said the increased resources had enabled his administration to undertake landmark projects in road infrastructure, industrialisation, education, healthcare and water supply across the state.
He also stressed the importance of effective communication to help Nigerians understand government policies, particularly economic reforms that may initially cause hardship but are intended to strengthen the economy and improve public service delivery.
Meanwhile, Onanuga commended President Tinubu for implementing the fuel subsidy removal and other economic reforms, which he said had been considered necessary by previous administrations but repeatedly postponed.
“Actually, when President Tinubu came in 2023, he initiated some audacious reforms that ought to have been introduced some decades ago. But the country kept postponing them until he came, and from Day One uttered that famous phrase ‘subsidy is gone.’”
During the tour, the media team inspected several completed projects in Nasarawa State, including the state secretariat housing various ministries, a 1-megawatt solar farm powering the secretariat, the completed 16-kilometre Makurdi bypass in Lafia, the Wing Commander Abdullahi Ibrahim Vocational and Skills Acquisition Centre, Shinge Waterstorm Channel and Kilema Bridge along the Lafia-Doma Road.
