NEWS DIARY ONLINE
Gov. Uba Sani of Kaduna State has assented to the state’s N458 billion budget for the 2024 fiscal year, following its passage by the State House of Assembly.
Sani said while signing the budget into law that N318,8 billion was voted for capital expenditure while N139,4 billion was pegged for recurrent expenditure.
He said that the figures represented a capital to recurrent ratio of 69.57 per cent to 30.43 per cent.
The governor said that the 2024 budget was designed to bring development closer to the people of Kaduna State,
“The 2024 Budget of “Rural Transformation for Inclusive Development” will bridge the gap between the rural and urban areas,” Sani said.
The governor said that the budget would revitalise the state’s rural economies, promote social inclusion, address the gaps in infrastructure and human capital, boost agriculture and food security, ensure safety and secure citizens’ investments.
“For us to achieve the objectives of the 2024 budget, all hands must be on deck. MDAs and government owned enterprises must brace up and fashion effective strategies that will enable them to improve on their revenue generation efforts.
“The reinvigorated Kaduna State Internal Revenue Service (KADIRS) has an important role to play in the effective implementation of the 2024 budget. KADIRS must sustain the current momentum of our revenue generation drive.
