Kaduna earns N171bn, spends N164bn in first quarter

Kaduna State Government earned N171.7 billion and spent N164.6 billion, representing a half-year budget performance of 37.48 per cent and 35.92 per cent of the N48 billion approved budget for the year, respectively.

The state realised N27.4bn, representing 22 per cent of the targeted N120bn Internally Generated Revenue (IGR) in 2024.

The Commissioner for Planning and Budget Commission, Ahmed Mukhtar Monrovia, made the disclosure during a presentation to the estimates committee members on Medium-Term Expenditure Framework (MTEF) figures and other key issues on the preparation of the 2025-2027 budget.

He explained that the statutory allocation expected in the state for the year stood at N84.3bn, out of which N36.1bn, representing 42.8 per cent of the total expected allocation for the year, had been actualised.

He assured that the state would have a better budget performance this year and beyond, saying that they realised that if they did not plan, they would fail, adding that as planners, they met to see how to do the budget defence for the 2025-2027 multi-year budget.

He said that Kaduna people should expect a budget that would be all-inclusive, assuring that the budget they were developing for the next three years would be implementable with expected higher performance in percentage.

He said, “We have looked at our mistakes in the current budget, which we are trying to correct in the subsequent ones.

“We are looking at the sources of revenue, as well to regulate where we are becoming too ambitious.”

He suggested that the estimates committee should do more research and brainstorm with relevant stakeholders to arrive at realistic revenue projections for the implementation of the multi-year budget to address about 80 million multi-dimensionally poor residents.