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From Desmond Mgboh, Kano
The Kano State Government has proposed a budget of N1.107 trillion for the 2027 fiscal year.
Governor Abba Kabir Yusuf disclosed the figure on Wednesday while presenting the estimate to members of the Kano State House of Assembly for scrutiny and passage into law.
The budget, tagged “Budget of Consolidation and Accelerated Rural Development”, is focused on completing ongoing projects, accelerating rural development and strengthening essential public services before the expiration of the administration’s tenure on May 29, 2027.
According to the governor, the budget comprises capital expenditure of N706.84 billion and current expenditure of N400.08 billion.
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The governor said the budget would be funded by total recurrent revenue of N692.64 billion, consisting of Internally Generated Revenue (IGR) of N142.84 billion and Federation Account Allocation of N549.80 billion.
He added that capital receipts, made up of grants and loans, would account for N354.38 billion of the budget.
Yusuf explained that a significant portion of the budget was allocated to priority economic and social sectors, with education allocated 28 per cent, infrastructure 20 per cent, health 15 per cent, water supply and rural development eight per cent, and agriculture 3.5 per cent.
He added that the five sectors together accounted for 74.5 per cent of the total 2027 budget.
