Politics

Katsina: Governor Radda proposes N682.2 billion budget

    0

    A budget estimate of N682.2 billion for the 2025 fiscal year was on Monday presented by Governor Dikko Radda to the Katsina State House of Assembly for approval.

    Presenting the estimate before the lawmakers in Katsina, Governor Radda said that the budget was tagged ‘Building Your Future II’.

    “The total size of the budget’s Recurrent Expenditure is N157.9 billion, representing 23.15 per cent and Capital Expenditure of N524.2 billion, representing 76.85 percent,” he said.

    The governor revealed that the budget, when compared with that of 2024, has an increase of N200.5 billion, representing a 40 percent increase.

    Radda explained that the recurrent expenditure comprised N67.1 billion as personnel cost, and other recurrent/overhead costs stood at N90.8 billion.

    He added that the capital expenditure of this year’s budget recorded an increase of N166 billion over that of 2024.

    He further said that education was allocated N95.9 billion, agriculture N81.8 billion, works, housing and transport N9.6 billion, and rural and social development N58.7 billion.

    Radda added that water resources got N53.8 billion, environment N49.8 billion, health N43.8 billion, internal security N18.9 billion, and N230.7 billion for other sectors.

    The Speaker of the House, Nasir Yahaya-Daura, assured the people of the state that the assembly would carefully analyse the draft budget before approving it.

    He said the lawmakers would also conduct effective oversight and monitor the implementation of the developmental projects outlined in the budget once approved.

    “Our goal is to turn these proposals into tangible benefits for the people of Katsina State,” Daura said.

    “We commit to working together with the executive arm to ensure timely passage and effective implementation of the budget.”

    Nigeria will launch four satellites under Renewed Hope agenda — Tinubu

    Previous article

    NACA estimates 1.6m out of 2m Nigerians living with HIV are receiving treatment

    Next article

    You may also like

    Comments

    Comments are closed.