Governor Abdullahi Ganduje of Kano State on Thursday presented a budget of N197.68 billion to the State House of Assembly.
Ganduje is seeking approval for the budget titled ‘Budget of Sustainable Social Development’ .
Naija News reports that the budget will focus on infrastructural development.
Speaking during the presentation, Ganduje said over N117.71 billion of the budget will be spent on capital projects while N79.972 billion was earmarked for recurrent expenditures.
He said the 2020 budget was however lower than that of 2019 which was N219 billion, by nine and 16 per cent for recurrent and capital expenditures respectively.
Ganduje disclosed that the budget will be funded through an internally generated revenue of N40 billion and a recurrent revenue of N143.9 billion of which N70 billion will be from the Federation Account.
Reacting after the presentation, Speaker of the State Assembly, Alhaji Abdulazeez Garba-Gafasa said that the lawmakers would pass the bill speedily.
He promised that the assembly would continue to work hand in hand with the government for the speedy development of the state.
Source: Naija News