Governor Abdullahi Sule of Nasarawa State has expressed appreciation for President Bola Ahmed Tinubu’s economic policies, attributing the state's improved revenue generation to these reforms. Speaking at the 4th stakeholders’ forum and the 1st anniversary celebration of Professor Sa’adatu Hassan Liman’s appointment as Vice-Chancellor of Nasarawa State University, Keffi (NSUK), Governor Sule highlighted the positive impact of federal allocations on the state's development efforts.
Enhanced Financial Empowerment Leading to Development
Governor Sule emphasized that since President Tinubu assumed office, there has been a significant increase in monthly federal revenue disbursements to states. This financial empowerment has enabled governors, including himself, to implement development projects without resorting to borrowing. He credited the improved internally generated revenue (IGR) and federal support as key factors in financing infrastructural and institutional improvements in Nasarawa State.
Key Development Initiatives in Nasarawa State
The governor outlined several major initiatives that have been made possible through the increased revenue:
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₦10 Billion Flyover Project: A flyover project at the Total Roundabout in Keffi, with an estimated cost of ₦10 billion, is currently under construction. Governor Sule reported that the project is already 50% funded without external loans, showcasing the state's improved financial capacity.
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Salary Structure Improvements: A recently signed document aims to enhance the salary structures for the State House of Assembly and tertiary institutions. This initiative requires over ₦100 million in additional funding, which is being sourced from the state's increased revenue.
Impact of Foreign Exchange Unification Policy
Governor Sule also acknowledged the positive impact of President Tinubu’s foreign exchange unification policy. He described the policy as a "game changer" that has positively affected national and state-level fiscal capacity. The governor reiterated his appreciation for the administration's strategic reforms, which he believes have laid the groundwork for sustainable governance and economic progress at the state level.
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 infrastructure and education, fostering sustainable growth and development.
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