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El-Rufai Signs N278.58b 2022 Budget

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El-Rufai Signs N278.58b 2022 Budget

by Present Nigeria
December 23, 2021
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El-Rufai Signs N278.58b 2022 Budget
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Kaduna State Governor, Nasir El-Rufai has signed the N278.58billion 2022 appropriation bill into law.

The signing ceremony, held at the Government House, was attended by the Speaker of the Kaduna State House of Assembly, Yusuf Zailani, and principal officers of the legislature, commissioners, and other aides of the governor.

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The signed budget allocates N184.53bn to capital expenditure and N94.05bn to recurrent, a ratio of 66:37%.

With N89.67bn, the Social Subsector has 49% of the capital budget, the largest sectoral allocation. Capital allocations in the social sub-sector are Education (N41.66bn), Health (N28.63bn) and Social Development (N19.37bn). Capital budget allocation for public works and infrastructure is N28.94bn, and N8.79bn for housing and urban development.

While signing a budget, Governor El-Rufai assured residents that the budget would be faithfully implemented to advance public welfare, as well as develop human capital and infrastructure.

Governor El-Rufai was pleased that for the seventh consecutive year, Kaduna has continued to sign its appropriation bill into law well ahead of the first day of January.

He attributed the trend to the active collaboration between the House of Assembly and the executive for the benefit of the people of the state.

The governor described the budget as a budget of the people, as well as a budget of sustainable growth, and commended the lawmakers for their thorough work on the draft budget estimates.

He commended the Kaduna State House of Assembly for its thorough work on the draft budget estimates, disclosing that the House of Assembly increased the budget size from the N233bn proposed by the executive to N278.58bn to accommodate more project requests.

House Speaker Hon. Yusuf Zailani explained that the legislature is fully aligned with the focus of the government to on human capital development and infrastructure.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
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