Gov. Yusuf signs 2024 budget into law
Gov Kabir Yusuf of Kano State has signed into law, the sum of N437 billion as 2024 budget with an assurance to judicious utilisation of the state funds in accordance with global best practices of public financial management.
This is contained in a statement issued by the director general media and publicity, Bature Dawakin Tofa in Kano on Thursday.
The appropriation bill was signed after being passed by the state House of Assembly recently.
He said that the budget comprised 64 per cent capital expenditure and 36 per cent recurrent.
The signed budget is tagged “Budget of Restoration and Transformation”.
The governor assured the people of the state that the budget would be utilised judiciously for the benefit of the populace.
“I want to guarantee that allocating 64 per cent of the budget to capital projects and 36 per cent to recurrent expenditure will positively impact the lives of the citizens.
“The total budget estimate that has been ratified today amounts to N437.3 billion with 64 per cent allocated to capital projects totaling N379,835,94,351, and recurrent expenditure totaling N456,503,218,483.73.
“Today, we witnessed the ratification of the 2024 budget, which was presented to the Kano State House of Assembly three months ago,” he said.
Mr Yusuf also expressed gratitude to the speaker of the Kano State House of Assembly for his dedication to ensuring the budget became a reality.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Ibadan
Kidnapped Oyo schoolchildren, teachers regain freedom after about two months in captivity
The release of the victims followed a series of sustained protests over the prolonged captivity of the victims.
Agriculture
Plateau govt. procures 500 truckloads of fertiliser for sale at subsidised rate
The governor directed that fertiliser be sold to farmers at a subsidised rate of N20,000 per bag.
Economy
Court clears FCCPC to investigate air ticket pricing complaints
Mr Bello said investigating consumer complaints was fundamentally different from regulating prices.
States
National Cash Transfer: 1,908 vulnerable residents receive debit cards in Edo
The initiative is in collaboration with the Federal Ministry of Humanitarian Affairs and Poverty Reduction, the World Bank, and the National Cash Transfer Office.
Africa
Rwanda spent $32 million on fuel subsidies in four months: Minister
He said the subsidies were to shield consumers and businesses from surging oil prices triggered by the conflict in the Middle East.
Heading 3
FG to integrate 80 million Nigerian students into NIMC database
He said the ministry had integrated the National Learners’ Identification Number (LIN) with the NIN through the Nigeria Education Management Information System (NEMIS).
