x

Kano Assembly Passes 2025 Budget Into Law.

By Jabiru Hassan, Kano.

The Kano State House of Assembly has successfully approved the Kano State Appropriation Law 2025 to the tune of Seven Hundred and Nineteen Billion, Seven Hundred and Fifty-Five Million, Four Hundred and Seventeen Thousand, Six Hundred and Sixty-Three Naira only (₦719,755,417,663.00).

Initially, the Governor of Kano State, Engr. Abba Kabir Yusuf, presented a proposed budget of ₦549,160,417,663.00 for the 2025 fiscal year to the state.

This was contained In a press statement signed and issued to newsmen by Kamaluddeen Sani Shawai, spokesperson for the Rt. Hon. Speaker, on Tuesday.

The total expected receipts for the year 2025 are estimated at ₦549,160,417,663.00, out of which the sum of ₦75,718,779,890.00 is to be generated internally (IGR).

This shows that the internally generated revenue estimate accounts for approximately 13.8% of the total expected earnings for 2025.

The remaining 86% of expected earnings is to come through Federation Accounts and Capital receipts.

The new budget size is recommended to stand at ₦719,755,417,663.00, composed of recurrent expenditure of ₦262,670,660,562.68 representing 36% and Capital expenditure standing at ₦457,084,757,200.32 represents 64%.

The budget, which was titled the Budget of Hope, Human Capital, and Economic Development, is intended to prioritize the provision of quality education, access to healthcare services, infrastructure, water and rural development, security, poverty reduction, agriculture, human capital, and economic development.

Accordingly, after a rowdy session, the House unanimously passed the 2025 budget.

The Speaker of the Kano State House of Assembly, Rt. Hon. Jibril Ismail Falgore, thanks the Honourable Members for their patience and endurance throughout the debate.

Hot this week

CROSSJOF Hails Hon. Nyiam As Champion of Fight Against Illicit Drug Abuse in Boki LGA

By Joyce Remi-Babayeju Cross River State journalists in Abuja under...

A’Ibom Commissioner seeks royal support for voter registration, Gov Eno’s Arise Project

By Ogenyi Ogenyi,Uyo Traditional leaders in Akwa Ibom have been...

Kogi Govt Vows to Clamp Down on Youth Aiding Bandits

By Noah Ocheni, Lokoja The Kogi State Government has warned...

Kano Gov Moves to Empower 44 LGAs with Full Autonomy

By Jabiru Hassan Kano State Governor, Alhaji Abba Kabir Yusuf,...

A’ibom committed to industrial Cluster Development

By Ogenyi Ogenyi, Uyo Akwa Ibom State government has restated...

Functional Streetlights in Abuja Save $8 Billion Yearly on Repairs, Block Saboteurs — Wike

By Joyce Remi-Babayeju The FCT Minister Barr. Nysome Wike has...

Public Alert: Increased Water Release from Goronyo Dam

By Muhammad Ibrahim, Sokoto The Sokoto Rima River Basin Development...

Global Spotlight: Daybreak Publisher Clinches Silk Road News Award

The publisher and editor-in-chief of daybreak Nigeria newspaper, Dr....

A’ibom committed to industrial Cluster Development

By Ogenyi Ogenyi, Uyo Akwa Ibom State government has restated...

Pilgrimage Is Spiritual Exercise, Not Jamboree, NCPC Boss Warns Intending Pilgrims

By Joyce Remi-Babayeju As intending pilgrims depart Abuja on Monday...

Wike Lauds President Tinubu for lifting Rivers emergency rule

By Joyce Remi-Babayeju Minister of the Federal Capital Territory (FCT),...

Nigerian journalist wins Silk Road Global News Award

By Micheal Onjewu with Agency Report The publisher and editor-in-chief...

A’Ibom Commissioner seeks royal support for voter registration, Gov Eno’s Arise Project

By Ogenyi Ogenyi,Uyo Traditional leaders in Akwa Ibom have been...

Related Articles

Popular Categories

spot_imgspot_img