Kano State Unveils N549 Billion 2025 Budget, Prioritizing Education and Infrastructure
By Hassan Kano
Friday 8th November ,2024
Kano, Nigeria – Kano State Commissioner for Finance, AKY, today presented the state’s 2025 Fiscal Budget, a substantial N549,160,417,663.00 billion. The budget, if approved, will significantly boost key sectors, particularly education and infrastructure.
A Budgetary Breakdown
The proposed budget allocates:
Capital Expenditure: N312,634,912,672.18 billion
Recurrent Expenditure: N236,525,504,990.82 billion
This translates to a capital-to-recurrent expenditure ratio of 57:43 percent.
Key Sectoral Allocations:
Education: A substantial N168.4 billion (31% of the total budget)
Health: N90.6 billion
Transport: N12.2 billion
Agriculture: N21.03 billion
Water Resources: N27.23 billion
Infrastructure Development: N70.78 billion
Building on Past Successes
The 2025 budget builds on the foundations laid by the 2024 “Budget of Restoration and Transformation,” which allocated N437.3 billion. The 2024 budget achieved a 77% performance in recurrent revenue and 65% in expenditure from January to August 2024.
A Vision for Kano’s Future
The 2025 budget reflects the state government’s commitment to economic growth, social development, and improved quality of life for Kano residents. By prioritizing education, healthcare, and infrastructure, the government aims to create a brighter future for the state.
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