The Kano State Governor, Abba Kabir Yusuf on Tuesday signed the 2025 Appropriation Bill to the tune of N719, 557,417663.00 billion.
Governor Yusuf had initially presented a proposed budget of ₦549,160,417,663.00 for the 2025 fiscal year to the State Assembly but was later increased to N719,755, 417,663.00.
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He said the new budget size now stands at ₦719,755,417,663.00, composed of recurrent expenditure of ₦262,670,660,562.68 representing 36 percent and Capital expenditure standing at ₦457,084,757,200.32 represents 64 percent.
“If you recall, on the day of 8th November, 2024, I presented the proposed budget to the State Assembly for their deliberation.
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“Today, the 29th of Jumada Thani 1446 after Hijrah which is equivalent to the 31st December, 2024 which is also the last day of the year 2024, I hereby sign the 2025 Appropriation Bill into law,” he said.
“The total expected receipts for the year 2025 are estimated at ₦549,160,417,663.00, out of which the sum of ₦85,718,779,890.00 is to be generated internally (IGR).
“This shows that the internally generated revenue estimate accounts for approximately 13.8 percent of the total expected earnings for 2025. The remaining 86 percent of expected earnings is to come through Federation Accounts and Capital receipts,” he said.
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Gov Yusuf said the budget, which is tagged 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.
He commended the House of Assembly members for their unwavering commitment and timely deliberation and subsequent approval of the budget.
