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Reading: Kaduna State Assembly Approves N214.9bn 2017 Budget
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Kaduna State Assembly Approves N214.9bn 2017 Budget

Farouk Mohammed
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Farouk Mohammed
ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
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Published: 2016/12/01
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2017 BUDGET


The 2017 Kaduna state’s Budget of N214.9 billion has been passed into law by the State House of Assembly on Thursday.

 

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The figure is N1 billion less than the budget proposal forwarded by Gov. Nasiru El-Rufa’i to the assembly on Oct. 12, for approval.

The Speaker of the assembly, Alhaji Aminu Shagali, who read the content of the budget clause by clause, said N83.46 billion was approved for recurrent and N131.45 for capital expenditure.

He said the budget would cover from now till Dec. 31, 2017.

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The Chairman, House Committee on Appropriation, Alhaji Ahmed Mohammed, later told newsmen that the N1 billion cut from the original proposal was from the expected revenue of two agencies.

He said that revenue projection of the state Geographic Information System and Internal Revenue Service was reduced by N500 million for each of the agencies, “in view of current economic realities.”

He assured that the assembly would monitor the implementation to ensure that it serve the people better.

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