The Katsina State Government has allocated 20.35 per cent and 20.13 per cent to water resources and education sectors, respectively, in the 2024 budget.
The Commissioner of Budget and Economic Planning, Alhaji Bello Kagara, made the disclosure at the 2024 budget breakdown, on Monday in Katsina.
He recalled that Gov. Dikko Radda presented the sum of N454.3 billion before the State House of Assembly for scrutiny and approval.
According to the commissioner, the budget is higher than that of the 2023 by N153.6 billion.
Kagara said that the recurrent expenditure stood at N124.3 billion, representing 27.37 per cent, while the capital expenditure stood ar N329.9, representing 72.63 per cent.
He said, “Water resources got N67.1 billion, representing 20.35 per cent and education, N66.4 billion, representing 20.13 per cent.”
The commissioner said that the budget was tagged: “Building Your Future (1)”.
The commissioner further said that Works got N53.4 billion, representing 16.20 per cent, Health, N38.3 billion, 11.62 per cent, and Environment received N37.7 billion, which is 11.43 per cent.
Agriculture, he said, got N20.5 billion, representing 0.6.21 per cent and other Ministries, Departments and Agencies (MDAs) were allocated N46.3 billion.
Kagara said that the Internally Generated Revenue (IGR) was estimated at N40 billion, while share of the state from the Federal Account Allocation Committee (FAAC) and Value Added Tax (VAT) stood at N203.8 billion.
According to him, Aids and Grants were projected at N185.4 and Capital Development Fund was also estimated to be N65.8 billion.
The commissioner said that pensions and gratuities were projected at N17.9 billion.(NAN). READ ALSO:
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