Kano State Governor, Alhaji Abba Yusuf, on Friday, presented a proposed budget of N549,160,417,663.00 , for the 2025, fiscal year to the state Assembly for consideration.
The budget, entitled ” Budget of Hope, Human Capital and Economic Development,’’ was presented to the State Assembly members.
According to him, the size of the proposed 2025 Budget is N549,160,417,663.00 billion, with the capital component at N312,634,912,672.18 billion, while the recurrent expenditure set at N236,525,504,990.82billion.
Governor Yusuf added that when approved, the budget would be projected to have a ratio of capital to recurrent 57:43 percent with 84 most of the capital spending will be in the Social, and economic Sectors to the tune of 461,447,963,240.86.
In the breakdown of the budget, education will receive N168,350,802,346.19 (31.00%), health will receive N90,600,835,766.48 (16.50%), agriculture will receive N21,038,199,190.76 (3.83%), and infrastructure development will receive N70,682,843,744.15 (12.87%).
The Manufacturing, Commerce, Industry, and Tourism will receive N3,887,338,871.45 (1.22%), Environment and Sanitation will receive N15,523,154,078.47 (2.83%), adding that governance institutions will receive N98,242,089,019.58 (17.57%).he said
Governor Yusuf also stated that the 2024 budget of N437.3 billion has a general performance standing at 77 percent, with recurrent revenue and expenditure at 65 percent. He also noted that many leakages were blocked, leading to the achievements recorded.
He emphasised that the uncertainty of the youth’s response could be disastrous, prompting the Kano government to rise to the occasion by developing many youth programmes.
“Mr. Speaker, Honourable Members, the breakdown above clearly indicates that the priorities of our administration in 2025 are human capital and infrastructural development.
“However, we have pledged to increase access to quality education despite the meagre resources,” Governor Yusuf explained.
“It is, therefore, with great pleasure and a deep sense of responsibility that I lay before this Honourable House, the 2025 Budget of Kano State, which I tagged the ‘‘Budget of Hope, Human Capital and Economic Development,’’ Yusuf concluded.
Ahmad Sorondinki
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