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Governor Abdullahi Sule of Nasarawa State has lauded President Bola Ahmed Tinubu’s economic policies, attributing the state's improved revenue generation to these reforms. Governor Sule emphasized that the enhanced financial inflow has enabled the state to undertake significant development projects without resorting to borrowing.

    

Improved Revenue Streams

Governor Sule highlighted that Nasarawa State's increased revenue is a result of both enhanced internally generated revenue (IGR) and improved federal allocations. He noted that these financial gains have facilitated the state's ability to fund various projects, including infrastructure development and educational initiatives, without incurring debt. The governor expressed gratitude towards President Tinubu's administration for creating an environment conducive to these financial improvements.

Strategic Investments in Education

One of the key areas benefiting from the increased revenue is the education sector. Governor Sule announced the implementation of a new salary structure for the state's House of Assembly members and tertiary institutions, which will require over one hundred million naira in additional funding. These funds are sourced entirely from the state's improved financial position, reflecting a commitment to investing in human capital development.

Infrastructure Development Initiatives

The governor also revealed plans to enhance security and accommodation facilities at the state university through a public-private partnership (PPP) with Advent, a renowned company known for constructing hostels at the University of Lagos and Lagos State University. Additionally, efforts are underway to construct a perimeter fence for the institution, contingent upon the completion of land delineation by the university management.

Acknowledgment of Federal Support

Governor Sule reiterated his appreciation for President Tinubu's economic policies, particularly the unification of the foreign exchange rate, which he believes has significantly contributed to the state's improved financial standing. He emphasized that the state's development initiatives are being funded solely through enhanced IGR and federal allocations, with no reliance on borrowed funds.

Conclusion

Governor Abdullahi Sule's commendation of President Tinubu's economic policies underscores the positive impact of federal reforms on state-level governance and development. The increased revenue has empowered Nasarawa State to invest in critical sectors such as education and infrastructure, fostering sustainable growth and development.