By AbdulSalam Muhammad
KANO â€” Governor Ibrahim Shekarau of Kano State has presented a N110 billion budget estimate for 2010.
Presenting the bill before the Kano State House of Assembly, Governor Shekarau said the budget with recurrent expenditure of over N48billion, also had over N61billion dedicated to capital projects.
Tagged “Budget of Sustainable Economic Growth and Development,” theÂ 2010 budget is slightly higher than the previous year to be funded from three sourcesâ€” federally collected revenues, internally generated revenue, and grants and miscellaneous capital receipt.
“The total size of the proposed budget is N110,304,351,479, and is made up of recurrent component of N61,623,803,962,and it is expected to be funded from a total revenue receipt of N89,391,244,914, and the capital receipt of N21,100,106,556,” Shekarau said.
Highlights of the budget include sectoral allocation of N23.7 billion to Education representing 20 per cent of the total proposal, while Urban and Regional Planning was allocated N12.782 billion.
The proposal allocated N8.8 billion to Health of which N2.94 billion will be expended on the construction and improvement of healthcare infrastructure, while N5.5 billion was earmarked for agriculture.