Kano State Governor, Abba Yusuf on Friday presented an appropriation budget of N549,160,417,663.00 for 2025 to the state assembly.
However, Governor Yusuf when presenting the budget, at the state emphasized that the capital component of the budget stood at N312,634,912,672.18 billion, while the recurrent expenditure is set at N236,525,504,990.82 billion for the 2025 budget.
He disclosed that the 2024 budget of N437.3 billion has a general performance standing at 77 per cent, with recurrent revenue and expenditure at 65 per cent. He also noted that many leakages were blocked, leading to the achievements recorded.
According to him, when the budget is approved by the State Assembly, it is projected to have a capital-to-recurrent ratio of 57:43 per cent, respectively.
He then added that most of the capital spending will be in the social and economic sectors to the tune of N461,447,963,240.86.
Given the breakdown of the budget, Yusuf highlighted that education will receive N168,350,802,346.19 (31.00%), health will receive N90,600,835,766.48 (16.50%), agriculture will receive N21,038,199,190.76 (3.83%), and infrastructure development will receive N70,682,843,744.15 (12.87%).
