Kano State Proposes N1.107 Trillion Budget for 2027
The Kano State Government has unveiled a proposed budget of N1.107 trillion for the 2027 fiscal year, with a focus on completing ongoing projects, accelerating rural development, and strengthening essential public services before the administration's tenure ends on May 29, 2027.
The budget, titled "Budget of Consolidation and Accelerated Rural Development," is divided into capital expenditure of N706.84 billion and current expenditure of N400.08 billion. The budget will be funded by a total recurrent income of N692.64 billion, consisting of internally generated revenue (IGR) of N142.84 billion and Federation Account Allocation of N549.80 billion.
Speaking during the presentation of the budget to the members of the Kano State House of Assembly for scrutiny and approval, Governor Abba Kabir Yusuf explained that a significant portion of the budget will be allocated to priority sectors.
According to Yusuf, the five priority sectors, which include education, infrastructure, health, water supply, and rural development, account for 74.5% of the total 2027 budget. Education is allocated 28%, infrastructure 20%, health 15%, water supply 8%, and agriculture 3.5%.
The budget aims to improve essential public services, enhance infrastructure development, and support the agricultural sector, while prioritizing the wellbeing of the citizens of Kano State.
The budget allocation to the education sector is aimed at improving access to quality education for all residents, while the infrastructure sector's allocation is geared towards enhancing the state's road network, power supply, and water supply projects.
The health sector's allocation is focused on improving healthcare services, while the agriculture sector's allocation aims to boost agricultural production and food security in the state.
Governor Yusuf emphasized the importance of the budget in ensuring the state's economic growth and improving the lives of Kano State residents.
The budget is expected to be scrutinized and approved by the Kano State House of Assembly, marking a significant milestone in the administration's final year in office.
The Kano State Governor, Abba Kabir Yusuf, has presented the 2027 budget proposal to the state assembly for review and approval. The budget aims to improve essential public services, enhance infrastructure development, and support the agricultural sector while prioritizing the welfare of Kano State residents.
The education sector's allocation is intended to improve access to quality education for all residents, while the infrastructure sector's allocation focuses on enhancing the state's road network, power supply, and water supply projects.
Governor Yusuf emphasized the importance of the budget in ensuring the state's economic growth and enhancing the lives of Kano State residents.
The proposed budget is expected to be reviewed and approved by the Kano State House of Assembly, marking a significant milestone in the administration's final year in office.
<small>Source: The Sun Nigeria — read the original story there.</small>
