Loading ...Kano state Governor, Dr. Abdullahi Umar Ganduje on Wednesday presented N219, 655, 217, 756 proposed 2019 appropriation bill of Sustainable Development to Kano state House of Assembly, with infrastructure taking the highest share of N38.31 billion.
The 2019 proposed budget is lower than 2018 which stood atย ย N246, 608, 850, 598.
According to him, โthe 2019 budget is designed to attain the agenda of this administration to the overall objective of developing the state and improving the wellbeing of the people.
Ganduje explained that, โthe objectives of the budget are efficient and effective public spending through public financial management process; to continue synergy and cooperation with the various stakeholders in the state.โ
He added that, โthe target of the budget is to ensure transparency and accountability and to continue with process of participatory budgeting.โ
According to him, โwith due consultations with relevant stakeholders within and outside the public service, we are proposing an aggregate ,budget of N219, 655, 217, 756 for the year 2019.
โOut of this amount, the sum of N134, 0 65, 152, 619 is dedicated for capital expenditure, while the sum of N85, 590, 65, 167 is for recurrent expenditure.โ
Highlighting on the policies and detailed budget allocations, Ganduje said, โthe total projected recurrent revenue for the year 2019 is estimated at the sum of N156, 761, 637, 947 which consist of N45 billion as Internally Generated Revenue (IGR) and N101, 761, 637, 947 as revenue from federation account.
โThe total recurrent revenue is higher than that of the year 2018 by N11, 801, 941.73 representing 12 per cent.
โThe proposed capital expenditure for theย ย 2019 fiscal year is N134, 065, 152, 619 which is lower than that of 2018 by N29, 117,285, 476 as it is to be financed by N71, 171, 572, 780 expected recurrent revenue surplus and total capital receipts of N62, 893, 579, 839.
โThe capital receipt is made up of N28, 017, 500, 000 as expected internal and external loans. N32, 422, 885, 355 is estimated grants.ย ย N1. 925 billion miscellaneous receipts and treasury opening balance of N530, 194, 484.โ
Ganduje further stated that, โthe focus of the 2019 budget will be on completing on-going projects in health, education, rural roads, power, water and agriculture and other critical infrastructure.โ
However, Ministry of Water Resources got the second highest allocation of N26.4 billion; agriculture, N9.4 billion; education, N18 billion; environment, N3 billion; health, N2.5 billion; rural development, N2 billion, commerce and industry, N1.6 billion; security and justice, N2.8 billion; women and social development, N861 million; and general administration, N7.8 billion.
Speaking after receiving the proposed budget, Speaker of the House of Assembly, Hon. Kabiru Alhassan Rurum, assured Ganduje that the budget was at home and in a safe hand, promising that the House will work tirelessly to ensure smooth and speedy deliberations.
According to him, already, the House has concluded arrangements for public hearing on the proposed budget, urging stakeholders, civil society organizations and citizens to feel free to approach the House anytime for advise and inputs.
