Kaduna budgets N198.6B for 2014

Posted by Garba Ahmad, Kaduna | 1 January 2014 | 3,183 times

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Kaduna, the political capital of northern Nigeria, has budgeted to spend N198,678,892,418 in 2014.

Presenting the budget proposal yesterday to the Kaduna State House of Assembly, Governor Mukhtar Ramalan Yero said that recurrent expenditure is pegged at N74,263,005,298,  representing N37.76% of the budget, while capital expenditure estimate is put at N124,415,887,120, which is 62.24% of the budget.

“The 2014 budget has been tagged ‘Budget of Peace and Continuity’ based on our determination to ensure that the administration is able to deliver dividends of democracy to our people, without which peace cannot be sustained,” Governor Yero stated.

“As part of our efforts at prudent management of resources, we have ensured that bulk of the revenue accruable to the State is channeled to infrastructural development for improvement of the overall living conditions of our people,” the governor added.

He thanked the lawmakers for their continued cooperation and promised to consolidate on the achievements recorded by his administration in 2013.

•Photo shows Governor Yero.

Source: News Express

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