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Budget 2024: Buni Presents N217 billion Appropriation Bill for Yobe
Budget 2024: Buni Presents N217 billion Appropriation Bill for Yobe
By: Michael Mike
Yobe State Governor, Hon. Mai Mala Buni has presented an appropriation bill of N217 billion for 2026 fiscal year to the State House of Assembly.
Buni, presented the bill tagged: “Budget of Consolidation and Economic Recovery,” said N217 billion would take care
capital, recurrent, overhead and personnel expenditures.
He noted that out of this amount, the total sum of N94.2 billion representing 43.39% is proposed as recurrent expenditure, while the total sum of N122.8 billion representing 56.61% is allocated for capital expenditure.
The governor during the presentation, said: “I want to reassure you that the government will remain steadfast in its commitment to the progress and development of our dear state. Our target has always been driven by a strong commitment to the well-being and prosperity of our state.”
He said this budget will focus on the administration sector where it has been allocated the sum N26.7 billion for both its capital and recurrent expenditure, under this are: Government House, House of Assembly, Office of the Secretary to the State Government, Office of the Head of Service, Ministry of Home Affairs Information and Culture, Ministry of Humanitarian Affairs, Ministry of Religious Affairs and Ethical Re-orientation, State Independent Electoral Commission, Civil Service Commission, Local Government Service Commission, State and Local Government Auditors-Generals’ Offices, among others.
He said: “In the upcoming fiscal year, we will focus on providing a conducive working atmosphere for the Civil Servants and public officeholders. In this respect, we would intensify efforts towards completion of the Ministry of Budget Office complex, Multipurpose Hall, NLC Secretariat and additional work at the I.B.B Secretariat. Renovations of various offices and, the provision of office furniture and equipment have also been allocated funds in the 2024 budget proposal. Official and utility vehicles would also be made available to some MDAs including the Judiciary. Government would also support the training of civil servants to build their capacity and enhance productivity.
“The sum of One Hundred and Seven Billion, Two Hundred and Thirteen Million Two Hundred and Eighty Thousand Naira Only (N107,213,280,000) is allocated to this sector to cover the capital and recurrent expenditure for the Ministry of Works, Ministry of Transport and Energy, Ministry of Agriculture, Ministry of Finance and Economic Development, Ministry of Water Resources, Ministry of Budget and Economic Planning, Ministry of Commerce, Industry and Tourism, Ministry of Housing and Urban Development, Ministry of Wealth Creation, Empowerment and Employment Generation, Internal Revenue Service, Rural Electrification Board, Water Cooperation, Housing and Property Development Cooperation, Rural Water Supply and Sanitation Agency, among others.”
The governor said in order to stimulate economic growth, government would ensure the completion of Potiskum and Geidam Modern Markets, Potiskum Trailer Park, Damaturu Mega Shopping Mall as well as for the rehabilitation, upgrading and capitalization of all the Government-owned Companies, completion of the Sesame Seeds Processing and Packaging factories in Damaturu, Potiskum, Machina and Nguru towns, renovation of Ministry of Commerce Zonal offices and Gogaram Chalets.
He noted that: “Investing in infrastructure is vital to the development of our state, we will continue to make strategic investments in power supply for industrial and domestic use. In addition, the government will pursue with vigour the completion of the 500KVA relief sub-station in Kannamma. More towns and villages would also be connected to the national grid; the provision of integrated streetlights in Damaturu the state capital and the five major towns of Potiskum, Gashua, Nguru, Geidam and Buni Yadi, as well as the reinstallation of traffic lights in some strategic locations within the Damaturu metropolis. The funds would also cater for the completion of all electrification projects”.
He added that: “I wish to reassure you that, the government would work tirelessly to ensure the completion of all inter-community and township roads, and drainages across the state. In line with the urban renewal drive of our administration, the government will construct a central flyover in Damaturu, and provide infrastructure for the proposed Damaturu Green Economic City and Damaturu Industrial Park.”
Budget 2024: Buni Presents N217 billion Appropriation Bill for Yobe
News
Rayyan Microfinance Bank unveiled by Zulum
Rayyan Microfinance Bank unveiled by Zulum
By: Bodunrin Kayode
Borno State Governor, Babagana Zulum, has unveiled Rayyan Microfinance Bank, headquartered in Maiduguri, the state capital on Sunday.
Rayyan Bank chaired by Dr Usman Shettima is an Ethically Compliant Digital Bank that offers non-interest financing which is an insignia of Islamic banking to rural communities.

With a commitment to ethical compliance practices, the bank also provides a comprehensive range of banking solutions designed to meet the diverse needs of individuals and businesses.
Speaking at the unveiling ceremony held in Forshams Event Centre, Maiduguri, Zulum emphasised that the bank is a critical tool for building resilience and fostering self-reliance among the people of Borno.
He highlighted its projected role in providing the financial backbone communities need to rebuild livelihoods affected by years of insurgency.

“Microfinance banks are crucial for driving financial inclusion, reducing poverty and promoting economic growth through providing accessible financial services such as small loans, savings accounts and insurance amongst others to low income individuals who don’t have access to traditional banking systems in Nigeria.
“I want to commend the vision and tenacity of the chairman and members of this very important bank, I also want to assure you that the government, under my leadership, will partner with you to promote the ideals of the non-interest banking system which is very important to our economy.” said Zulum
Demonstrating Borno State government’s confidence in the new institution, Zulum directed the State Ministry of Finance to immediately open an account with Rayyan Microfinance Bank.

Following the unveiling, the Governor formally presented the bank to the public, urging residents, cooperatives, and business owners to utilise its services to grow their businesses, support local enterprises, and contribute to the state’s economic resurgence.
The event featured keynote addresses and lectures by the academia, regulatory agencies, religious scholars, and other stakeholders, highlighting the potential of non-interest banking to promote ethical investments and foster inclusive economic growth.
Rayyan Microfinance Bank unveiled by Zulum
News
Troops neutralise notorious kidnap kingpin in Jama’a LGA, Kaduna
Troops neutralise notorious kidnap kingpin in Jama’a LGA, Kaduna
By: Zagazola Makama
Troops have neutralised a notorious kidnapping kingpin, Amadu, during a raid in Malafiya town, Atiku Ward of Jama’a Local Government Area of Kaduna State.
Sources said that Amadu was the leader of a criminal syndicate terrorising Malafiya and surrounding communities with crimes ranging from kidnapping and cattle rustling to armed robbery.
According to the sources, Amadu had been on the most-wanted lists of security agencies and was linked to several high-profile crimes in the area, including the killing of a businessman in September 2025 and an attempted abduction of a prominent local figure’s relative.
The sources said that following credible intelligence on the gang’s hideout, troops conducted a raid on Jan. 25, 2026, to apprehend the remaining criminal elements. During the operation, there was an exchange of fire between the troops and the suspects.
“In the course of the engagement, Amadu attempted to escape and was neutralised. A search of the scene led to the recovery of a locally made pistol,” the sources said.
The sources added that the general area has since been calm, while clearance and confidence-building patrols have been intensified to prevent a resurgence of criminal activities.
Troops neutralise notorious kidnap kingpin in Jama’a LGA, Kaduna
News
IBUAM: A New Chapter in University Education, Changing the Phase of the Aviation Industry
IBUAM: A New Chapter in University Education, Changing the Phase of the Aviation Industry
By: Balami Lazarus
The quest and search for knowledge by men is an unending process, a continuous tense as long as humans live here on the mother planet. Therefore, the quest and thirst for knowledge is like mwala in the Bura dialect, which simply means to dig continuously.
For some decades Nigerian educational space has experienced growth and progress in her university system. The emergence of universities to cater to the educational needs of the citizens is clear evidence that there are positive changes in the system. It has also brought improvements and innovations, walking like a giant with nobility robes in the gown of knowledge, understanding, and wisdom provided by the ivory tower.
Isaac Balami University of Aeronautic Management (IBUAM) is one university that was established recently in the bustling Centre of Excellence, Lagos. Registered and licensed by the National Universities Commission (NUC).
The aviation sector, I have observed, is what many lack understanding of. For some, it starts and ends with airports, aircraft, and pilots. But for Isaac David Balami, it begins with aeronautic and management knowledge provided by his university.
Isaac Balami University of Aeronautic Management (IBUAM) is the first of its kind in the aviation industry/educational landscape of our nation. IBUAM is beginning to change and impart on the aviation industry through academic courses offered at the university.
IBUAM disciplines are in aeronautics and management as its academic training. Its objective, therefore, is to train students in aeronautics, engineering, and aviation management and techniques. To further equip students with “skills in aviation operations and airline management.”
Some courses at IBUAM are aerospace engineering, mechatronics engineering, and aviation operations/airline management, among others.
Isaac David Balami is an aeronautic engineer, aviation expert, entrepreneur, and philanthropist. Isaac has also distinguished himself in union leadership of the National Association of Aircraft Pilots and Engineers (NAAPE).
IBUAM: A New Chapter in University Education, Changing the Phase of the Aviation Industry
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