Kano State government has earmarked the sum of N150,996,352,990.82 for payment of monthly salaries and allowances to the civil servants and political office holders.
While speaking with journalists at his office on Monday, Musa Suleman Shanono the Commissioner, Ministry of Planning and Budget, said the amount is based on the approval of new minimum wage policy by governor Yusuf.
According to him, the amount is out of the proposed recurrent expenditure for the 2025 fiscal year, which is estimated to be N236,525,504,990, 82, representing 43 percent of the total estimated budget size.
“Gentlemen of the Press, the total Recurrent Expenditure for the incoming fiscal year 2025 is estimated at N236,525,504,990, 82 representing 43% of the total budged size.
“Out of this, the sum N150,996,352,990.82) is dedicated for the payment of Monthly Salaries and Allowances to the Civil Servants and Political Office holders in the state, based on the approval of the new Minimum Policy by His Excellency the Governor Alhaji Abba Kabir Yusuf.
The proposed overhead costs for Ministries Departments and Agencies (MDAs), according to Shanono is estimated to be the sum of N75,567,346,000.
“For MDAs Running Cost, critical priority payments based on Standing Order approved by His Excellency to MDAs. While the payment of Debt Service is to the sum of Nine Billion, Nine Hundred Sixty One Million, Eight Hundred And Five Thousand Naira Only (N9,961,805,000) for the fiscal year 2025,” he said.
Shanono explained that the size of the proposed 2025 budget is N549,160,417,663.00 as the Capital Expenditure component stands at N312,634,912,672.18, while the recurrent expenditure was set at N236,525,504,990.82.
The Commissioner disclosed the total recurrent revenue expected to be collected for the fiscal year 2025 is estimated to N449,092,680,142.00, adding that it consists N75,718,779,890.00 as Internally Generated Revenue (IGR), while the sum of N373,373,900,252.00 as revenue from Federal Account Allocation committee (FAAC) that consists of Value Added Tax (VAT), Electronic Transfer (EMTL) and other FAAC Revenues.
“The total recurrent revenue is higher than 2024 by N69,330390,567.00, representing 18% increase,” he said.
“Members of the Press, having laid down the foundation for the implementation of policies and programs since our inception to date, the present administration intends to maintain its commitment in using our available resources in the pursuance of major programs and projects and in the 2025 fiscal year.
“Pursuant to the above, the sum of Three Hundred and Twelve Billion Six Hundred and Thirty-Four Million Nine Hundred and Twelve Thousand Six Hundred and Seventy Two Naira Eighteen kobo (N312,634,912,672.18) is dedicated for capital expenditure representing 57% of the total budget size, to finance projects and programs across the state Gentlemen of the Press, below is the detail allocations of the 2025 proposed Capital expenditure budget based on sectors,” he explained.
(Daily Post)
