Governor Agbu Kefas of Taraba State has signed into law a N128.58 billion supplementary budget for the 2025 fiscal year, along with a N47.12 billion virement earlier approved by the Taraba State House of Assembly.
Speaking during the signing ceremony at Government House, Jalingo, Kefas said the additional budgetary provision was aimed at closing funding gaps in key sectors such as security, infrastructure, and economic development.
He explained that the move would also help cushion the impact of inflation and exchange rate fluctuations on ongoing projects across the state.
According to the report of the House Committee on Finance and Appropriation, the supplementary budget is expected to boost the state’s capacity to address emerging economic and security challenges, align expenditure with the Medium-Term Expenditure Framework (MTEF), and fast-track priority development initiatives.
With the approval, the state’s total budget size for 2025 has increased to N574.8 billion.
The breakdown shows that capital expenditure accounts for 68.9 per cent, while recurrent expenditure represents 31.1 per cent of the total budget.
The Committee urged the state government to ensure transparency, accountability, and timely release of funds to guarantee effective implementation of the supplementary budget.
