“This morning, I had the honour of presenting the Kano State 2025 Fiscal Budget, totaling N549,160,417,663.00 billion, before the Kano State House of Assembly.
Capital expenditure stands at N312,634,912,672.18 billion, while recurrent expenditure takes 236,525,504,990.82 billion. This budget is projected to have a ratio of capital to recurrent 57:43 percent, respectively, when approved.
Important sectors of the economy have their share as follows;
Education: 168.4 billion (31%)
Health: N90. 6 billion
Transport: N12. 2 billion
Agriculture: N21.03 billion
Water Resources: N27. 23billion
Infrastructure Development: N70.78 billion
It could be recalled that the 2024 budget was presented before the honourable house in October last year, containing a budgetary size of N437.3billion and tagged as “Budget of Restoration and Transformation”, with recurrent allocation of N157.5 billion and capital allocation of N279.8 billion.
The general performance of the 2024 approved budget stood at 77% percent in terms of Recurrent Revenue, while the Expenditure has a performance of 65% from January to August 2024, respectively.” Governor Abba Kabir Yusuf Stated this on his Facebook Page