Masari Presents N340.9bn 2022 Budget

The executive governor of Kastina State, Aminu Bello Masari, has presented the N340.9 billion to the Kastina State House of Assembly. Information Guide Nigeria

According to DAILY NIGERIAN, Mr Masari said: “The 2022 budget is designed to complete ongoing projects and initiate other capital projects that can be completed within the life of this administration.

“The total amount projected to finance the 2022 budget is N175 billion which comprises of N61billion Internally Generated Revenues (IGR) from the State Board of Internal Revenue and other MDAs.

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“The revenue receivable through the federation account is estimated at N100 billion with an opening balance of N12.5billion.

“It is important to note that the recurrent revenue increased by 8.6 per cent over that of the 2021 revised budget.”

He said that the 2022 recurrent expenditure has also increased by 8.63 per cent which indicated that in real terms the revenue would increase by about 8.60 per cent over that of 2021.

The governor revealed that his administration is focused on programmes, projects and policies to be implemented under education, health, water resources, agriculture, environment, works, housing, and transportation sectors.

He said, “As a result, therefore, the 2022 budget has provided adequate allocation of funds to the priority sectors of government.

“Education N29 billion (12.38 per cent), Health N30 billion(12.86 per cent), Water Resource N41 billion (17.23 per cent). Jamb Result

“Agriculture N26 billion (11.01 per cent), Works N27 billion (11.35 per cent), and Environment N33 billion (13.90 per cent).”

(NAN)

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