The Kano State Governor, Abba Yusuf, on Friday, presented the 2024 Appropriation Bill of N350 billion to the state House of Assembly, with a promise to block possible leakages to ensure prudence, accountability, and transparency.
The governor who described the proposed budget as a Budget of Restoration and Transformation said it is a product of full cooperation and dedication to change the narrative in the state.
Yusuf noted that the total recurrent expenditure stood at N357.9 billion, while internally expected revenue stood at N100.7 billion, adding that capital receipt expected is N39.265 billion, higher by N4.9 billion in 2023 representing 12.53 percent decrease
He explained that the opening balance N10 billion, revenue recurrent expenditure N134.4 billion representing 38 percent while salaries would gulf N85.739 billion for civil servants and political office holders plus allowances and overhead and other expenditures stood at N78.4 Billion.
The governor added that capital expenditure of N215,194,821.25 takes 62 percent of the total budgetary allocations.
Breaking down the budget, he said, education with N95.389bn represents 29.97 percent of the total budget.
Health-N51.4bn, works and housing -N40.4billion, transport-N4.8 billion, physical planning. N5.1Bn and agriculture: N11 Billion.
The Governor added that capital expenditure of N215,194,821.25 takes 62 percent of the total budgetary allocations.
Breaking down the budget, he said, education with N95.389bn represents 29.97 percent of the total budget.
Health-N51.4bn, works and housing -N40.4billion, transport-N4.8 billion, physical planning. N5.1Bn and agriculture: N11 Billion.
The Governor noted that human capital development, promoting the general welfare of the Kano people, ensuring the security of lives, provisions of strategic health, achieving food security, creating opportunity for job creation, and strengthening inter and nongovernmental partnerships, are cardinal principles of his Government.
