The Kano State Government has voted a whopping sum of N150.99 billion for the payment of monthly salaries and allowances to civil servants and political office holders in 2025.
This development comes days after the state Governor, Abba Yusuf, presented the proposed 2025 Appropriation Bill amounting to N549.160 billion to the state Assembly.
While briefing journalists in his office on Monday, 11 November, 2024, the state Commissioner for the Ministry of Planning and Budget, Musa Shanono, stated that the amount was based on the approval of the new Minimum Wage policy by Governor Yusuf.
According to him, the sum is part of the proposed recurrent expenditure for the 2025 fiscal year, which is estimated to be N236.525 billion representing 43 per cent of the total estimated budget size.
“Gentlemen of the Press, the total recurrent expenditure for the incoming 2025 fiscal year is estimated at N236,525,504,990.82, representing 43 per cent of the total budget size.
“Out of this, the sum of N150,996,352,990.82 is allocated for the payment of monthly salaries and allowances to civil servants and political office holders in the state, based on the approval of the new minimum wage policy by His Excellency, Governor Abba Yusuf,” Shanono said.
The proposed overhead costs for Ministries, Departments, and Agencies, according to Shanono, are estimated at N75,567,346,000.
“For MDAs’ running costs, critical priority payments will be made based on standing orders approved by His Excellency for the MDAs. Meanwhile, the payment for debt service is set at N9,961,805,000 for the 2025 fiscal year,” he said.
Furthermore, Shanono explained that the proposed 2025 budget size is N549,160,417,663.00, with the capital expenditure component at N312,634,912,672.18, while the recurrent expenditure is set at N236,525,504,990.82.
The Commissioner also disclosed that the total recurrent revenue expected to be collected for the 2025 fiscal year is estimated at N449,092,680,142.00, which includes N75,718,779,890.00 in internally generated revenue, while the sum of N373,373,900,252.00 is from the Federal Account Allocation Committee, including Value Added Tax, Electronic Transfer, and other FAAC revenues.
“The total recurrent revenue is higher than that of 2024 by N69,330,390,567.00, representing an 18 per cent increase,” he said.
“Members of the Press, having laid down the foundation for the implementation of policies and programmes since our inception, the current administration is determined to sustain its commitment to using available resources to pursue major programmes and projects in the 2025 fiscal year.
“Consequently, the sum of N312,634,912,672.18 is dedicated to capital expenditure, representing 57 per cent of the total budget size, to finance projects and programmes across the state.”
Source: The Punch Online
