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  • News - North West - Katsina
  • Updated: November 22, 2022

Katsina Governor Presents Final Budget, Proposes Over N200 Billion

Katsina Governor Presents Final Budget, Proposes Over N200 B

Katsina Governor, Aminu Bello Masari

The Governor of Katsina State, Aminu Bello Masari has presented his final budget as the governor of the state to the State House of Assembly.

The governor proposed over N288.63 billion for the 2023 fiscal year on Tuesday.

While presenting the budget, the governor said: “In aggregate terms, the 2023 budget is lower than that of the 2022 revised budget by N34, 662, 962, 998.00.

“The 2023 budget is structured with a total recurrent expenditure of N104,580,485,996.28, which is equivalent to 36.23 per cent of the total budget.

“And capital expenditure of N184,052,771,966.72, which is 63.77 per cent of the total budget.”

The governor explained that the budget would be financed from the Opening Balance of N12.06 billion, N62.59 billion Internally Generated Revenue and over N119 billion expected from the Federation Account.

“It is important to note that the 2023 recurrent revenue has increased by 7.33% over that of the 2022 revised budget.

“And the capital expenditure in the 2023 budget has decreased by 20.92% due to a drop in capital receipts," he added.

He further explained that N138.163 billion of the capital estimates would finance projects under the government restoration plan.

The governor said that the plan was in the area of Education, Health, Water Resources, Agriculture, Environment, Works, Housing and Transport sectors.

“As a result, therefore, the 2023 budget has provided an adequate allocation of funds to the priority sectors of the state government (Capital) as follows:

“Environment N31,748,186,500.00, Water Resources N29,207,394,335.00, Health N23,974,614,962.00, Works N20,995,858,882.00, Education N18,632,987,897.00, and Agriculture N13,604,292,049.00,” Masari explained

Governor Masari further stated: “I am sure posterity will judge our government on the meaningful projects, programmes and policies implemented during its tenure as the government of Katsina state.”

Meanwhile, the Speaker of the Assembly, Tasiu Maigari assured the governor of swift passage of the budget. 

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