Saturday, October 12, 2019

Kaduna State govt proposes N245.4 bn budget for 2020 

The Kaduna State Government, on Saturday, at a town hall meeting, said it had prepared a budget of N245.4 billion for the 2020 fiscal  year.
News Agency of Nigeria (NAN) reports that the town hall meeting was held at Gen. Hassan Katsina House in Kaduna.
The budget has a provision of N177.29 billion for capital expenditure and N68.11 billion as recurrent expenditure.
The figure represents 27.76 per cent as recurrent and 72.24 per cent as capital expenditure.
The education sector has been allocated N33.92 billion which is 30.97 per cent, while the health sector will get N23.34 billion, 18.28 per cent of the budget size.
The Commissioner of Planning and Budget Commission, Thomas Gyang, said the town hall meeting was convened to increase of citizens participation in governance, in line with the administration’s Open Government Partnership (OGP).
He said the 2020 draft budget was based on the State Development Plan 2016-2020 and was developed with citizens inputs.
“Your inputs will enrich the budget; this will ultimately enable this administration to provide quality services to you and would subsequently be presented to the state House of Assembly,’’ he said.
Mr Gyang added that the 2020 budget was prepared against some micro-economic backdrops which the state had experienced.
“We have adopted a cautious approach in the 2020 budget, as a sub-national government, we have no control over monetary policies and the national budget.