Kano Governor Approves Massive N437 Billion Budget for 2024: Focus on Restoration and Transformation.
The Kano State Governor, Abba Kabir Yusuf, has signed into law a total of N437 billion as the 2024 budget.
The appropriation bill was signed after being passed by the State House of Assembly recently.
A statement issued by the Director General, Media and Publicity to the Governor, Sanusi Bature Dawakin Tofa, said the budget comprises 64 per cent capital expenditure and 36 per cent recurrent expenditure.
“The signed budget is tagged “Budget of Restoration and Transformation”.
While delivering his address at a low-key event in the Government House, Governor Yusuf assured the people of the state that the budget would be utilised judiciously for the benefit of the populace in accordance with global best practices of public financial management.
He stressed that this is an important event that significantly impacts the lives of every citizen within the state and beyond.
The statement read, “I want to guarantee that allocating 64% of the budget to capital projects and 36% to recurrent expenditure will positively impact the lives of the citizens.
“The total budget estimate that has been ratified today amounts to 437,338,312,787.83, with 64% allocated to capital projects totalling 379,835,94,351, and recurrent expenditure totalling 456,503,218,483.73.
“Today, we witnessed the ratification of the 2024 budget, which was presented to the Kano State House of Assembly three months ago.
“The governor also expressed gratitude to the Speaker of the Kano State House of Assembly for his dedication to ensuring the budget becomes a reality.”
