Yusuf signs Kano N437bn 2024 budget into law
The Kano State Governor, Abba Kabir Yusuf on Thursday signed into law a total of N437bn for 2024 budget.
The appropriation bill was signed after being passed by the State House of Assembly recently.
The total budget comprises 64 percent capital expenditure while the remaining 36 percent is recurrent.
‘’The signed budget is tagged “Budget of Restoration and Transformation,’’ the governor said.
While delivering his address at a low-key event in the Government House, Yusuf assured the people of the state that the budget would be utilized judiciously for the benefit of the populace.
He said, “I want to guarantee that allocating 64% of the budget to capital projects and 36% to recurrent expenditure will positively impact the lives of the citizens.”
“The total budget estimate that has been ratified today amounts to 437,338,312,787.83, with 64% allocated to capital projects totalling N379,835,94,351, and recurrent expenditure totalling N456,503,218,483.73.
“Today, we witnessed the ratification of the 2024 budget, which was presented to the Kano State House of Assembly three months ago.”
The governor also expressed gratitude to the speaker of the State Assembly for his dedication to ensuring the budget became a reality.