Africa

Gov Yusuf presents N1.107trn 2027 budget, earmarks 63% for capital projects

Vanguard News November 11, 2026 4 views
Gov Yusuf presents N1.107trn 2027 budget, earmarks 63% for capital projects

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Kano State Governor Abba Kabir Yusuf presented a proposed budget of N1.107 trillion for the 2027 fiscal year to the state House of Assembly on Monday. The budget, titled “Budget of Consolidating Gains and Accelerated Rural Development,” is the fourth and final plan of Yusuf’s first tenure, which is set to conclude on 29 May 2027.

Speaking at the presentation, Yusuf said the estimates were designed to consolidate the administration’s achievements, accelerate rural development and ensure the completion of ongoing projects before the end of his term. “This is not merely nominal. It is a fiscal commitment to ensure that no ongoing project is abandoned,” he said.

Yusuf highlighted that the administration had achieved more than 90 percent of the programmes, projects and policies outlined in its development blueprint, but acknowledged that some commitments remained outstanding. He added that the 2027 budget would prioritise their completion alongside strengthening essential public services.

The governor said the budget would focus on education, healthcare, infrastructure, agriculture, water supply and human capital development. He noted that the plan would consolidate reforms in free education, primary healthcare revitalisation and urban renewal, ensuring that residents benefit from government projects and programmes.

Budget breakdown:

  • Capital expenditure: ₦693.47 billion (63 % of total)
  • Recurrent expenditure: ₦413.55 billion (37 % of total)

On revenue projections, Yusuf put the state’s total recurrent revenue at ₦692.64 billion, comprising ₦142.84 billion from internally generated revenue and revenue from the Federation Account. He said the projected recurrent revenue represented a 34 % decrease compared with the 2026 fiscal year, but forecast a 73 % increase in internally generated revenue thanks to reforms at the Kano State Internal Revenue Service, including digital revenue administration and the expansion of the Easy Tax digitisation initiative.

The governor further said the state expected ₦354.38 billion in capital receipts from grants and loans, alongside an opening balance of ₦60 billion to finance the proposed budget. He reiterated that the allocations would support projects and programmes across the state’s economic and social sectors, prioritising the completion of ongoing projects before the end of the first tenure in May 2027.

<small>Source: Vanguard News — read the original story there.</small>

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