Get Guardian on GoogleGovernor Abdullahi Ganduje of Kano State has presented an appropriation bill of N196 billion to the House of Assembly for the 2022 fiscal year. It is tagged ‘Budget for Consolidation and Prosperity’.
His Kogi counterpart, Yahaya Bello, however, presented N145.8 billion to his state’s assembly for approval.
Making the presentation yesterday, Ganduje said the recurrent expenditure for the incoming fiscal year was put at N88,473,614,717.03 (45 per cent) while N107,879,853,788.07 was for capital expenditure to finance projects and programmes across the state.
Education took the lion’s share of N51.6 billion (26 per cent), while N3.4 billion was budgeted for boarding schools’ feeding, and N2.2 billion for capital projects and programmes in tertiary institutions.
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Bello, while presenting his ‘Budget of Accelerated Result’, said recurrent expenditure took N90.1 billion (N61.79 per cent), while capital expenditure took N55.7 billion (N38.21 per cent) of the sum.
The governor added that N19.6 billion is expected from Value-Added Tax (VAT), N100 million from excess crude and N1 billion from foreign exchange difference.
