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Thursday, December 19, 2024

Radda signs 2025 budget of N692.2 billion into law

The governor submitted NN682,244,449,513,87 to the state assembly for consideration and approval.

• December 19, 2024
Radda signing document
Governor Dikko Radda

Governor Dikko Radda has signed the 2025 budget of N692.2 billion into law.

The governor submitted NN682,244,449,513,87 to the state assembly for consideration and approval.

The budget indicates that recurrent expenditure stands at N157.9 billion, representing 23.15 per cent, while the capital expenditure is N524.2 billion, representing 76.85 per cent.

The budget, tagged ‘Building Your Future II’, has an increase of N200.5 billion compared to that of 2024.

Signing the proposed document on Wednesday in Katsina, Mr Radda said that the budget slightly increased by N10 billion against the initial estimate.

He lauded the state assembly for working tirelessly to ensure that the state has a budget that would open the door for development activities in the 2025 fiscal year.

The governor also acknowledged the diligent exercise exhibited by the MDAs to ensure the state has a budget that would guide the administration.

“Our budget is one of the shining examples in budget performance in 2024. I believe we have done extremely well,” the governor said.

Mr Radda explained that the 2025 budget prioritised capital projects, with education taking the lead, followed by agriculture.

He noted that capital projects would make citizens more lively, improve their lives, and reduce the level of poverty in society.

The governor commended the state assembly’s efforts to carry out their oversight function in 2024 thoroughly.

He urged the legislators not to relent in their efforts for the state to achieve optimum transparency, accountability and good governance.

(NAN)

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