Kano State Governor, Abba Kabir Yusuf, has presented an appropriation bill of N350 billion for the fiscal year 2024, with education sector receiving the highest share of N95 billion.
Governor Yusuf named the appropriation bill the “budget of restoration and transformation,” emphasizing the commitment to fulfilling campaign promises to the people of Kano.
Breakdown of the budget
Governor Yusuf revealed that the opening balance stands at N10bn, revenue recurrent expenditure is N134.4bn (representing 38 percent).
Out of the budget, salaries would consume N85.739bn for Civil Servants and Political Office Holders plus allowances and overhead and other expenditure stood at N78.4 Billion.
READ ALSO: Pro-Palestinian Rally Held in Abuja
The governor said Capital Expenditure stands at N215,194,821.25 billion which (represents 62 percent of the total Budgetary Allocations.
He said, Education will get N95.389bn representing 29.97 percent of the total budget; health gets N51.4bn, Works and Housing N40.4bn, Transport N4.8bn, Physical Planning N5.1bn and Agriculture gets N11bn among others.
The Governor noted that human capital development, promoting the general welfare of Kano people, ensuring security of lives, provisions of strategic health, achieving food security, creating opportunity for Jobs and business and strengthening Inter and Non Governmental partnership remain cardinal principles of his administration.
He assured that his Government would block leakages and monitor all the State MDAs and establish a standing committee on the revenue committee to ensure transparency in the running of the government.
Responding, the speaker, Kano State House of Assembly, Jibril Ismail Falgore, assured that the House will immediately swing to action to pass the budget in good time to help the state keep to its January to December budget circle, adding that this will be done without compromising on processes.