BY THE HONOURABLE COMMISSIONER, MINISTRY OF BUDGET AND ECONOMIC PLANNING, ALH. BELLO H. KAGARA, ON TUESDAY 26TH NOVEMBER, 2024 AT SA’IDU BARDA HOUSE, KATSINA
The Honourable Commissioner of Finance
The Honourable Commissioner of Information and Culture,
The Permanent Secretary Ministry of Budget and Economic Planning,
The Director General-Media,
Directors of the Ministry,
Chief Press Secretary
Correspondent Chapel,
Media Representatives,
Gentlemen of the press,
Assalam Alaikum and Good afternoon.
- It is my pleasure and honour to be in your midst this afternoon on this annual occasions of Katsina State 2025 Budget briefing.
- As you are aware, His Excellency, the Executive Governor of Katsina State, Mallam Dikko Umaru Radda, PhD has, in accordance with the provisions of S.121 of the 1999 Constitution of the Federal Republic of Nigeria (as amended), laid the proposed 2025 Budget before the State House of Assembly after it’s approval by the State Executive Council.
- Thus in accordance with existing practice, I wish to present to you Gentlemen of the press, the breakdown of the proposed 2025 Budget presented as follows:
The quantum of the proposed 2025 Katsina State Budget is the sum of 682,244,449,513.87 76.85% of which is for Capital Expenditure, while 23.15 is for Recurrent Expenditure.
The proposed Budget is comparatively higher than that of 2024 by N200,535,619,501.61, representing an increase of 40%.
The 76.85% translates to N524,274,694,489.51 while the 23.15% is in the sum of N157,969,755,024.36.
OPENING BALANCE : N20,000,000,000.00
INTERNALLY GENERATED REVENUE (IGR):
(i)BOIR & MDA’s N54,004,315,773.13
(ii)Self-Sustained N10,421,698,445.73 N64,426,014,218.86
SHARE OF GOVERNMENT FEDERAL ACCOUNTS ALLOCATION COMMITTEE (FAAC):
Statutory alloc. N63,407,360,201.30
VAT N85,935,886,063.07
Excess Crude N25,000,000,000.00
FAAC Special N142,568,090,403.41 N316,911,336,667.78
Total of FAAC and IGR (Including OB) = N381,337,350,886.64
CAPITAL RECEIPTS:
Aids and Grants N120,484,482,627.16
Local Government Cont. N6,000,000,000.00
Capital Devp. Fund N154,422,616,000.07 N280,907,098,627.23
Total (1+2+3+4) = N682,244,449,513.87
LOCAL GOVERNMENT CONTRIBUTIONS INTO THE BUDGET
It should be noted that, the 34 Local Governments make some contributions into the Budget in form of Local Aid and Grant. This has been capture above.
RECURRENT EXPENDITURE
The proposed 2024 Budget comprises Recurrent Expenditure of N157,969,755,024.36 broken down as follows:
Personnel cost /Crf Salaries – N51,689,612,024.90
Pension and Gratuity – N15,419,689,173.30
Other Recurrent Expenditure: N70,433,774,742.47
Debt servicing N20,426,679,083.64
Sub total (i-iv) :- N157,969,755,024.36
and
b) CAPITAL EXPENDITURE: = N524,274,694,489.51 which is broken down as follows:
SECTORAL ALLOCATIONS
Administration Sector = N98,269,897,545.19 14.4%
Economic Sector = N302,246,140,569.76 44.3%
Law and Justice = N6,243,292,359.35 0.9%
Social Sector = N275,485,119,039.57 40.4%
Total = N682,244,449,578.87 100%
ALLOCATION TO MDAs
Education (Mins of Basic Sec. and Higher Edu) 95,995,873,044.70 14%
Ministry of Agriculture and Livestock Development 81,840,275,739.70 12%
Ministry of Works, Housing and Transport 69,684,806,758.56 8.5%
Ministry of Rural and Social Development 62,774,192,844.44 9%
Ministry of Water Resources 53,832,219,322.46 8.6%
Ministry of Environment 49,835,521,799.25 9.3%
Ministry of Health 43,882,552,172.75 8.8%
Ministry of Internal Security and Home Affairs 5,278,371,026.95 1.2%
Others 315,116,509,849.76 42.6%
Thus, the total expenditure of N682,244,449,513.87 will be financed by a Revenue of N682,244,449,513.87 thereby given a balanced Budget.
Gentlemen of the Press, it is pertinent to note that, the proposed 2025 Katsina State Government Budget is named “Building your future (ii)” in accordance with the campaign slogan of His Excellency and his mission for transforming the State. You will recall the 2024 Budget was titled “Building your future I”, therefore, this budget is a continuation of that assurance, which shall be pursued throughout the tenure of His Excellency, the Governor, Dr. Dikko Umaru Radda PhD, CON.
Honourable Commissioner of Finance and Information, Permanent Secretary, The D.G. Media, Gentlemen of the Press, Ladies and Gentlemen, this Media Brief on the Breakdown of Katsina State 2025 Budget Proposal is in line with existing Government’s accountability and openness policies.
We thank you immensely for the various roles you have been playing individually and collectively to promote the image of the Government and its citizens forward. Your presence here is highly acknowledged and appreciated.
We urge you to use your highly respected Media platforms to accord the Government your usual co-operation in giving the Budget positive publicity.
Thank you.