The Kano State Governor, Dr Abdullahi Umar Ganduje has presented the 2017 proposed Appropriation Bill tagged ‘Budget for Sustainable Self-Reliance‘ with total sum of N209, 857, 330, 288 billion for the fiscal year to the state House of Assembly.
The 2017 proposed budget is less than that of 2016 by N66 billion.
According to Governor Gganduje, “the Appropriation Bill has capital expenditure of N130, 486, 682, 677 for capital expenditure and recurrent expenditure of N79, 370, 647, 811.”
While highlighting on the policies and details of the proposed budget, Ganduje said, “the total projected recurrent revenue for the year is estimated at N143, 700, 520, 87 which consist of N46, 10, 415, 132 Internally Generated Revenue (IGR), and N96, 969, 104, 895 expected revenue from the federation account. The total recurrent revenue is higher than that of the year 2016 by N744, 385, 794 representing .79%. It is important to note that the projected IGR is lower than that of 2016 by N13, 215, 199, 74 representing 8.4 per cent decrease.”
He explained that the reason for the decrease was based on the current economic realities.
“The capital receipt is made up of N7, 190, 528, 60 expected internal and external loans draw down N26, 202, 301, 276 and estimated grants of N32, 562, 981, 125, while miscellaneous receipts and treasury open balance is N200 million,” the governor explained.
However, the Ministry of Works and Housing got the lion share of the proposed budget with N43.72 billion allocated to it, followed by Education with N17.5 billion.
Land and Physical Planning received N16.8 billion, Water Resources N13.5 billion, Health N10.74 billion, while Agriculture got N6.6 billion.
Ministry of Commerce was allocated N1.7 billion, while Information, Youths, Sports and Culture got N1.25 billion, Judiciary N702 million.
While receiving the 2017 proposed Appropriation Bill, the Speaker of the State House of Assembly, Hon. Kabiru Alhasan Rurum assured Governor Ganduje that the budget was safe and in good hands.
He added that in conformity with international best legislative practice, the House would conduct a public hearing with inputs from civil society organizations,members of the public and all critical stakeholders before the budget is passed into law.