Key Highlights from Adamawa State 2026 Budget As Presented by His Excellency, Gov. Ahmadu Umaru Fintiri

A. Introduction :

1. Budget aligned with Fintiri administration’s 8-Point Agenda, inclusiveness, and “no one left behind” philosophy.

2. Budget christened “Budget of Sustainable Growth and Economic Renewal.”

B. Governance & Consultation

1. Budget prepared through wide consultations with EXCO, MDAs, and legislators.

2. Ministries required to justify 2025 performance and 2026 budget proposals.

3. Strong executive–legislative collaboration acknowledged.

C. Social & Economic Empowerment

1. Fintiri Business Wallet Programme: • 60,000 beneficiaries already empowered. • 100,000 new beneficiaries to receive ₦50,000 each. • Total beneficiaries to reach 140,000. • Expected to impact about 700,000 people statewide. • Massive youth and women skills training and empowerment programmes.

D. Workers’ Welfare

1. Adamawa State became the first to implement the ₦70,000 minimum wage.

2. Continued improvement in civil service welfare and digitization.

E. Education & Health

1. 21 model and mega schools nearing completion (Q1 2026).

2. “Fintiri Wings” Overseas Scholarship Scheme:

3. First 100 postgraduate students currently studying in Turkey.

4. New cottage hospitals operational and upgrades ongoing at General Hospitals.

F. Infrastructure:

1. Ongoing projects across the state, including: • Roads (urban and rural) • Water schemes • Markets • Electricity projects 2. Yola Ultra-Modern Stadium almost completed; commissioning expected in early 2026.

G. Economic Reforms & Fiscal Performance:

1. Ease of Doing Business ranking improved from 23rd to 4th nationally.

2. Growth in Internally Generated Revenue (IGR) through digital revenue systems.

3. Ranked among the Top-5 states on the Fiscal Transparency League Table since 2023.

4. Over 50% of state debt successfully repaid.

5. Investment rating of BBB+, one of the best among sub-national governments in Nigeria.

6. Adoption of e-procurement, digital finance, and transparency systems.

G. Traditional Institutions & Social Stability

1. Creation of new districts, emirates, and chiefdoms.

2. Strengthening of traditional institutions to enhance: • Community dispute resolution • Grassroots governance • Security intelligence • Social cohesion and dignity

3. Adamawa remains one of the most peaceful states in Nigeria.

H. 2025 Budget Performance Review 1. Approved Budget (after supplementary): ₦621.29 billion

2. Budget Composition: • Capital: 73.03% • Recurrent: 26.97% 3. Revenue realized (as of September 2025): ₦235.34 billion (37.9%)

4. Expenditure (as of September 2025): ₦189.51 billion (30.5%)

5. Capital expenditure constrained by low revenue inflow.

H. 2026 Budget Size & Structure

1. Total Budget: ₦583.33 billion

2. Capital Expenditure: ₦373.69 billion (64.06%)

3. Recurrent Expenditure: ₦209.64 billion (35.94%)

I. Macro-Economic Assumptions 1. Oil benchmark: 2 million barrels per day 2. Oil price: $75 per barrel 3. Exchange rate: ₦1,443/$ 4. GDP growth rate: 3.98% 5. Inflation rate: 19.1%

J. Revenue Sources (Key)

1. Statutory Allocation: ₦135.07 billion

2. Value Added Tax (VAT): ₦106.36 billion

3. NLNG: ₦125.10 billion

4. Signature Bonus: ₦40 billion

5. Independent Revenue (IGR): ₦35.84 billion

6. Capital Receipts: ₦71.17 billion

K. Key Sectoral Allocations (Selected)

1. Works & Energy: ₦120.86 billion

2. Education: ₦40.63 billion

3. Health: ₦31.93 billion

4. Housing & Urban Development: ₦27.02 billion

5. Commerce: ₦20.22 billion

6. Youth & Sports: ₦18.42 billion

7. Adamawa State University, Mubi: ₦14.6 billion

8. Poverty Alleviation Agency: ₦8 billion

9. SABER Programme: ₦4.07 billion

L. Policy Directions for 2026

1. Full compliance with IPSAS and SABER reforms.

2. Introduction of e-budgeting and digital documentation.

3. Strict budget discipline and vote tracking.

4. Expansion of Internally Generated Revenue (IGR).

5. Alignment with Vision 20-20-30 and the Sustainable Development Goals (SDGs).

M. Pensions & Gratuities

1. Significant reduction in the backlog of pensions and gratuities in 2025.

2. Commitment to further clear outstanding arrears.

N. Security & Investment Climate

1. Continued investment in security partnerships.

2. Sustaining peace to attract investment and drive economic growth.

O. Conclusion

1. Strong executive–legislative synergy reaffirmed.

2. The 2026 Budget positioned as a strategic tool for sustainable growth, poverty reduction, and economic renewal.

3. Renewed commitment to people-centered governance and long-term development.

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