From Maduabuchi Nmeribeh, Kano
Kano state Governor, Dr. Abdullahi Umar Ganduje on Thursday re-emphasized his commitment to emancipate the education section sector, while presenting N196 billion Appropriation Bill to Kano state House of Assembly for the 2022 fiscal year.
Education gathered 26 per cent of the total Appropriation Bill, with N51.6 billion.
In the favoured sector, M3.4 billion was earmarked for boarding schools’ feeding programme, while N2.2 billion was budgeted for execution of capital projects in tertiary institutions.
The proposed budget is tagged: “Budget for Consolidation and Prosperity.”
Ganduje told Speaker Hamisu Ibrahim Chidari and members of the state Assembly that the total Recurrent Expenditure for the incoming fiscal year 2022 is estimated at N88,473,614,717.03 representing 45% of the total budget size.
He further stated that the capital expenditure stands at the sum of N107,879,853,788.07.
He said the capital expenditure will be utilized in financing projects and programmes across the state.
Ganduje further stated that the sum of N33.8 Billion is earmarked for development and construction of underpass, flyovers, bridges and various roads construction.
According to him, the proposed budget, seeks to further consolidate the state government policies that are being implemented in directing resources and efforts towards stimulating the state economic growth and expansion as well as improving wellbeing of the citizens.
“The process of formulating the 2022 Budget was informed by the compelling need to continue consolidating the fiscal position in safeguarding the allocations on Education sector especially Girl Education, Health, Infrastructure, Social Protection, Nutrition issues and security among other core service delivery areas.
“The total Recurrent Revenue to be collected for the 2022 fiscal year is estimated to the tune of N146, 844,501,343.00 which consists of N 33,862,079,343.00 as Internally Generated Revenue (IGR) and N 68,299,480,000.00 as Revenue from the Statutory Allocation.
“Value Added Tax (VAT) N37,556,575,000.00 as well as other receipts of N7,126,367,000.00 The total recurrent revenue is higher than that of the year 2021 by N39,006,141,043.22 representing 26.56% increase.
“The Capital Receipts component of financing the 2022 budget consists of Grants general stood at N 11,717,616,875.00. the loan is estimated to be N22,368,333,461.00 while other Capital receipts for the year 2022 is N15,423,016,826.10.
“Therefore, the total expected capital receipt for the year 2022 is 49,508,967,162.10 which is lower than the 2021 by N40,589,403,078.17 represent 45.05% decrease.” “The sum of N 61,993,825,929.78 is dedicated for the payment of Monthly Salaries and Allowances to the Civil servants, Political office holders, State House of Assembly, judiciary and Office of the Auditor General both state and local Government in the state.
“While the sum of N26, 479,788,787.25 is earmarked to cater for the payment of running cost to State MDAs as Overhead cost.”
The Speaker, while receiving the Appropriation Bill commended Ganduje for his efforts in transforming the state into a mega city.
He, however, emphasized on the need for increased Internally Revenue Generation drive in the state.
The Speaker appreciated Ganduje for supporting state legislature autonomy and the establishment of the Kano state House of Assembly Commission.