Gov Yusuf presents N1.1trn budget for 2027 fiscal year

Gov. Abba Kabir-Yusuf of Kano State has presented N1.1 trillion as proposed budget for the 2027 fiscal year to the State Assembly for scrutiny and approval.

Yusuf said the budget, tagged “Budget of Consolidation and Accelerated Rural Development”, prioritises completing ongoing projects, especially rural-focused programmes.

Presenting the budget before the lawmakers on Wednesday, Gov. Yusuf said N706.9 billion was earmarked for capital expenditure, representing 63 per cent, while N400 billion, representing 37 per cent, was for recurrent expenditure.

“The proposed 2027 Budget stands at ₦1,107,024,004,244.48, comprising ₦706,942,894,244.48 for capital expenditure and ₦400,081,110,000.00 for recurrent expenditure.

“The proposed capital-to-recurrent expenditure ratio is 63%: 37%, reflecting our determination to channel substantial resources towards infrastructure, human capital development and other growth-enhancing investments,” he said

The governor, while giving the budget breakdown, said the education sector has the lion's share, with an allocation of 28 per cent, followed by Infrastructure and health at 20 and 15 per cent, respectively.

He added that water supply and rural development got 8 per cent allocation, while Agriculture got 3.5 per cent, noting that the priority sectors account for 74.5 per cent of the entire 2027 proposed budget.

According to him, since assuming office in 2023, the administration has pursued the Kano First Agenda through purposeful leadership, inclusive governance, and strategic investments.

He said it has transformed the state’s economy and improved living conditions, and that over 90 per cent of the programmes, projects, and policies outlined in the development blueprint have been achieved.

He said the 2027 budget would ensure no ongoing projects are abandoned, and that all reforms on free education and healthcare revitalisation would be fully delivered to the people of the state.

The governor said the allocations reflected the administration’s determination to deploy public resources in line with the development priorities and aspirations of the people of Kano State.

“We shall continue to strengthen budget monitoring, improve expenditure efficiency and ensure that approved projects deliver value for money,” Gov. Yusuf assured.

In his remarks, the Speaker, Jibril Ismail-Falgore, assured that the house would ensure the budget's speedy passage.

He commended the governor for demonstrating a clear determination to transform the state in infrastructure, education, health, water supply, agriculture, and empowerment programmes.

Ismail-Falgore said that the achievements so far recorded by the government were visible and had a direct impact on the lives of the teeming population.

The speaker also commended the governor for fulfilling his promise to build a new complex for the assembly, noting that the construction has reached 90 per cent.

He assured that the house would complement the administration’s effort to improve the lives of the people of Kano.