• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
Thursday, May 22, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
No Result
View All Result
Elanza News
Home News

Zamfara CSOs Condemns Gov.Dauda’s N546bn Budget as “Fiscal Madness”

Ojimaojo Abubakar by Ojimaojo Abubakar
January 6, 2025
in News
0
Zamfara CSOs Condemns Gov.Dauda’s  N546bn Budget as “Fiscal Madness”
0
SHARES
4
VIEWS
FacebookTwitterWhatsappEmailTelegram
The Association of Zamfara Civil Society Organizations (AZCSO) has criticized the state government’s 2025 budget, labeling it “fiscal madness” over its stark imbalance between projected revenue and proposed spending.

In a statement signed by its spokesperson, Murtala Muhammad Maru, the group expressed concerns about the financial sustainability of Governor Dauda Lawal’s N546 billion spending plan, which heavily relies on federal allocations and loans.

“With a revenue base of N32 billion, the reliance on loans and federal allocations to fund this budget is a clear red flag for economic stability,” Maru said.

RelatedPosts

Court Accepts Video Evidence in Nnamdi Kanu Trial

NELFUND Directs Tuition Refunds for Verified Student Loan Recipients

Kano Drug Kingpin, Sulaiman Danwawu, Faces Eight Drug Charges from NDLEA

The state expects to generate just 5.8% of its budget internally, relying on N223 billion from federal allocations to meet its obligations. Between January and September 2024, Zamfara only generated N18 billion in internal revenue, further highlighting its financial constraints.

Despite these concerns, Governor Lawal has signed the budget into law, emphasizing its focus on security, education, health, infrastructure, and agriculture.

Defending the ambitious spending plan, he argued that the investments were necessary to address the state’s developmental challenges.

However, AZCSO and opposition parties, argue that the state’s overdependence on loans and external funding could lead to a financial crisis.

“Borrowing recklessly to fund extravagant projects will only worsen the plight of Zamfara’s citizens,” Maru warned.

Zamfara’s economic challenges are compounded by insecurity and poverty, with analysts urging the government to focus on increasing its internally generated revenue (IGR) through taxation reforms, industrial development, and job creation.

ALSO READ:  See Yourselves As God’s Representative On Earth – CJN Tells New Justices

He have called for greater fiscal responsibility, warning that the current trajectory threatens to plunge Zamfara deeper into debt, jeopardizing the state’s future.

Tags: Zamfara CSOs
Ojimaojo Abubakar

Ojimaojo Abubakar

Abubakar Ojimaojo is a graduate of Mass Communication, political and football analyst currently work at elanzanews.ng as Editor. He pride himself as skilled wordsmith with a passion for delving into contemporary political issues on both national and international scale.

Related Posts

Court bars Nnamdi Kanu’s sister-in-law from 3 proceedings for live-streaming

Court Accepts Video Evidence in Nnamdi Kanu Trial

by Nathaniel Irobi
May 22, 2025
0

In a notable development, the Abuja Division of the Federal High Court has officially accepted video recordings featuring General T.Y....

NELFUND Kicks Off April Payments for Eligible Students Amidst System Upgrades

NELFUND Directs Tuition Refunds for Verified Student Loan Recipients

by Nathaniel Irobi
May 22, 2025
0

The Nigerian Education Loan Fund (NELFUND) has issued a directive to all tertiary institutions mandating the refund of tuition fees...

Kano Drug Kingpin, Sulaiman Danwawu, Faces Eight Drug Charges from NDLEA

Kano Drug Kingpin, Sulaiman Danwawu, Faces Eight Drug Charges from NDLEA

by Nathaniel Irobi
May 22, 2025
0

The National Drug Law Enforcement Agency (NDLEA) has brought an eight-count indictment against Sulaiman Danwawu, a 37-year-old alleged drug lord,...

Recommended

UNICEF, SOSG, Commsions Digital Village In Sokoto School

UNICEF, SOSG, Commsions Digital Village In Sokoto School

2 days ago
Bago: Nigeria Has No Business With Poverty

Bago: Nigeria Has No Business With Poverty

1 day ago

Popular News

  • Environment Minister’s Scholarship Beneficiary Tops 2025 UTME In Northern Nigeria With 345 Score

    Environment Minister’s Scholarship Beneficiary Tops 2025 UTME In Northern Nigeria With 345 Score

    0 shares
    Share 0 Tweet 0
  • Abuja Estate Firm Announces Customer Loyalty Rewards

    0 shares
    Share 0 Tweet 0
  • Christian Group Seeks Reversal of NBAIS Certificate Recognition

    0 shares
    Share 0 Tweet 0
  • Association Hails Works Minister, Urges Re-award Of Abandoned Road Projects

    0 shares
    Share 0 Tweet 0
  • Middle Belt Calls for Restoring Justice in Kaduna, Reversing El-Rufai’s Divisive Policies

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (712)
  • Education (213)
  • Entertainment (306)
  • Health (183)
  • National (2,035)
  • News (7,635)
  • Opinion (281)
  • Politics (1,551)
  • Science (15)
  • Security (403)
  • Sports (413)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform