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 Kaduna: El-Rufai Submits N233bn 2022 Budget Proposal

Kaduna: El-Rufai Submits N233bn 2022 Budget Proposal

The Governor of Kaduna, Nasir El-Rufai on Tuesday submitted the 2022 draft budget of N233 billion to Kaduna State House of Assembly, with a capital expenditure of N146 billion and recurrent expenditure of N87.6 billion.

Expatiating the N233 billion budget estimate, the governor said it has a capital to recurrent ratio of 63%: 37%. He noted that the 2022 estimates are slightly smaller than the 2021 budget of N237.52bn, which had N157.56bn as capital and N79.96bn recurrent expenditure, a 66% to 34% capital to recurrent ratio.

During the presentation of the draft budget at the Lugard Hall, El-Rufai said the goals of the 2022 estimates are on Education, Infrastructure, and Healthcare. Information Guide Nigeria

As reported by BluePrint, in El-Rufai words: “Most of the capital spending will be in the Economic and Social Sectors, in keeping faith with our governance agenda. We propose to devote 76.8% of the capital budget to schools, hospitals, and infrastructure, including housing. jamb results

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“Capital spending on Education is N68.4 billion (29%) and for Health N35.1 billion (15%). Devoting N115 billion to these critical sectors demonstrates continuity in our emphasis on Education and Health as the key drivers of human capital development, and investments in infrastructure as essentials to promoting economic competitiveness, support job creation and advance the well-being of our people.

El-Rufai also lauded Kaduna State House of Assembly for the collaboration that has helped his government resourceful to be able to birth the outcomes in the state, adding that they will ‘’ensure that the urban renewal programme, the largest ever infrastructure investments in Kaduna state be completed.

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Goodnews

Essien, Goodnews is a gruaduate of Communication Arts, University of Uyo, Uyo; Currently working at Infoguide Media as a news writer.

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