Budget NG

Kaduna Assembly approves N214.9 bn 2017 Budget

by NAN

December 1, 2016 | 2:27 pm
  |     |     |   Start Conversation

Kaduna State House of Assembly on Thursday passed into law, the state’s Budget of N214.9 billion for 2017, N1 billion less than the budget proposal forwarded by Gov. Nasiru El-Rufa’i to the assembly on Oct. 12, for approval.

The Speaker of the assembly, Alhaji Aminu Shagali, who read the content of the budget clause by clause, said N83.46 billion was approved for recurrent and N131.45 for capital expenditure.

He said the budget would cover from now till Dec. 31, 2017.

The Chairman, House Committee on Appropriation, Alhaji Ahmed Mohammed, later told newsmen that the N1 billion cut from the original proposal was from the expected revenue of two agencies.

He said that revenue projection of the state Geographic Information System and Internal Revenue Service was reduced by N500 million for each of the agencies, “in view of current economic realities.”

He assured that the assembly would monitor the implementation to ensure that it serves the people better.

by NAN

December 1, 2016 | 2:27 pm
  |     |     |   Start Conversation

Big Read |  


African economy: the limits of leapfrogging

KotiogoNg’usilo vividly remembers the first time he saw a car. It was the 1950s and Mr Ng’usilo, a hunter-gatherer from...

MTN Banner ADS 2



Election Banner