Kano State Governor, Abba Yusuf on Friday presented an appropriation budget of N549,160,417,663.00 for 2025 to the state assembly.
However, Governor Yusuf when presenting the budget, at the state emphasised that the capital component of the budget stood at N312,634,912,672.18 billion, while the recurrent expenditure is set at N236,525,504,990.82 billion for the 2025 budget.
He disclosed that the 2024 budget of N437.3 billion has a general performance standing at 77 per cent, with recurrent revenue and expenditure at 65 per cent. He also noted that many leakages were blocked, leading to the achievements recorded.
According to him, when the budget is approved by the State Assembly, it is projected to have a capital-to-recurrent ratio of 57:43 per cent, respectively.
He then added that most of the capital spending will be in the social and economic sectors to the tune of N461,447,963,240.86.
Given the breakdown of the budget, Yusuf highlighted that education will receive N168,350,802,346.19 (31.00%), health will receive N90,600,835,766.48 (16.50%), agriculture will receive N21,038,199,190.76 (3.83%), and infrastructure development will receive N70,682,843,744.15 (12.87%).
The manufacturing, commerce, industry, and tourism will receive N3,887,338,871.45 (1.22%), environment and sanitation will receive N15,523,154,078.47 (2.83%), adding that governance institutions will receive N98,242,089,019.58 (17.57%).he said
Yusuf also stated that the 2024 budget of N437.3 billion has a general performance standing at 77 per cent, with recurrent revenue and expenditure at 65 percent. He also noted that many leakages were blocked, leading to the achievements recorded.
While expressed concern that 2024 has been a very difficult year for many citizens, leading to protests by Nigerians due to the Federal Government’s economic reforms, price rises, and the dollar exchange rate problems.
Yusuf however hinted that the August protests would be the last but acknowledged that it served as a big reminder of the need to be there for the youths.
He emphasised that the uncertainty of the youth’s response could be disastrous, prompting the Kano government to rise to the occasion by developing many youth programmes.
He said, “Mr Speaker, honourable members, the breakdown above clearly indicates that the priorities of our administration in 2025 are human capital and infrastructural development.
“However, we have pledged to increase access to quality education despite the meager resources.
“It is, therefore, with great pleasure and a deep sense of responsibility that I lay before this Honourable House, the 2025 Budget of Kano State, which I tagged the ‘Budget of Hope, Human Capital and Economic Development.”
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