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Governor Yusuf presents N549.160 billion budget for 2025 to Kano Assembly

Governor Yusuf presents N549.160 billion budget for 2025 to Kano Assembly

Governor of Kano State, Alhaji Abba Kabir Yusuf, presented to the state assembly a proposed 2025 appropriation budget of N549,160,417,663.00 with 2024 budget implementation at 77 percent.

While presenting the budget on Friday in the State House of Assembly, Governor Yusuf hinted that the capital component of the budget is N312,634,912,672.18 billion while recurrent expenditure for the 2025 budget is set at N236,525,504,990.82 billion.

According to him, when the budget is approved by the State Assembly, the ratio of capital and current expenditure is projected to be 57:43 percent respectively.

He noted that the majority of the capital expenditure would be in the social and economic sectors amounting to N461,447,963,240.86.

Governor Yusuf explained 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%).

The governor said manufacturing, trade, industry and tourism will receive N3,887,338,871.45 (1.22%), environment and sanitation will receive N15,523,154,078.47 (2.83%), adding that government agencies will receive N98,242,089,019.58 (17.57%).

He added that the 2024 budget of N437.3 billion has overall productivity at 77 percent, with recurrent revenue and expenditure at 65 percent. He also noted that many leaks were blocked, which led to recorded achievements.

Governor Yusuf expressed concern that 2024 has been a very difficult year for many citizens, leading to protests by Nigerians over the Federal Government’s economic reforms, rising prices and dollar exchange rate issues.

He prayed the August protests would be the last, but acknowledged they served as a big reminder to be there for young people.

He stressed that the uncertainty of youth response could have disastrous consequences, prompting the Kano government to rise to the occasion by instituting a plethora of youth programmes.