Kaduna presents first quarter budget report to legislature

Asma’u Halilu, Abuja

Kaduna State Government has presented the first quarter budget performance report to the House of Assembly.

Commissioner of Finance, Suleiman Abdu Kwari while presenting the budget told legislators that the budget performance report is in furtherance of the quest of the present administration in ensuring accountability and transparency in governance.

Reviewing the budget performance, Kwari recalled that the 2016 Budget was based on 60:40 expenditure profiles for capital and recurrent, adding that key priorities for the budget were infrastructure, healthcare, security, jobs and agriculture with education sector being given the utmost priority.

“While the revenue dip has been a bit of a dampener, procurement processes for capital projects have dominated the first quarter as capital spending in the first quarter amounts to an unprecedented N7bn, with N4.9bn going to the Education sector for school renovation, furniture, and uniforms, and almost a billion naira as payments for the Zaria Water Project,” he explained.

According to the Commissioner, Kaduna State Government has spent N10.7bn on salaries, pensions and overheads in the first three months of the year and that government had adopted a Budget Adjustment Mechanism with four scenarios to cope with the steep reduction in revenues.

While speaking on the Internal Revenue Generation, he said the State Government budgeted about N45.8billion mainly in Tax revenues to be generated by the KADIRS, which roughly translates to about N3.75billion monthly.

 “In order to achieve this audacious goal, the Governor embarked on an emergency reform of the Kaduna Board of Internal Revenue. This culminated in the emergence of the Tax Codification and Consolidation Law 2016 and the creation of KADIRS,” he added.

He stated that in order to accelerate implementation of the capital budget, quarterly budget implementation retreats have been initiated to ensure fast tracking and prioritisation of projects with wide impact on the people and also launch a comprehensive monitoring and evaluation mechanism which will involve ordinary people of the state in monitoring the performance of government.

 

 

Nnenna.O