Gov Yusuf presents N549bn 2025 budget for Kano State
Gov. Abba Yusuf of Kano State on Friday presented a budget of N549 billion for 2025 to the state House of Assembly for approval.
Presenting the budget tagged:“Budget of Hope, Human Capital and Economic Development”, Yusuf said that the amount was made up of N312 billion capital expenditure and N236 billion recurrent expenditure.
He said that the budget was projected to have a ratio of capital to recurrent of 57:43 percent respectively.
He said most of the capital spending would be in the Social and Economic Sectors to the tune of N461billion.
He said the Education sector was allocated the largest share of N168.35 billion which was equivalent to 31 percent of the budget,while N90.6 billion (16.5 percent) was allocated to the Health sector.
Other areas with topmost priority included Agriculture with N21.04 billion (3.83 percent),followed by Infrastructure Development with N70.68 billion (12.87 percent).
The sum of N3.89 billion (1.22 percent) was allocated to Manufacturing, Commerce, Industry, and Tourism,while Environment and Sanitation will gulp the sum of N15.52 billion (2.83 percent).
Yusuf said that N98.24 billion (17.57 percent) was set aside for Governance Institutions, while Security, Justice and Emergency Services got N23.46 billion (4 percent)
Water Supply and Rural Development were allocated N27.24 billion (4.96 percent), while Transport Development got N12.81 billion (2.33 percent),he said.
Others included Women, Youth and People with Special Needs sectors which got N17.34 billion (3.15 percent)
The Governor said government would prioritise human capital and infrastructure development and ensure increased access to quality education, despite the meager resources available to the government.
“We promise to faithfully implement the provisions of this Budget for the general good and well-being of our people. We will not relent in our resolve to alleviate poverty and restore hope, create wealth, generate employment, stimulate agriculture, improve electricity and maximise the overall well-being of our people.
“I beseech you, therefore, to hastily consider and approve the 2025 Budget Proposals,” he said.
