Kaduna State proposes 2019 Budget of N155.86bn

The Kaduna State Government has proposed to spend N155.86bn in 2019. The state governor Nasir El-Rufai  presented the budget estimates to the Kaduna State House of Assembly at its historic Lugard Hall premises. Malam El-Rufai explained that Capital Expenditure is projected at N93.5bn, and Recurrent Expenditure at N62.3bn, retaining the 60:40 ratio in favour of capital investments. Education is once again the largest sector, at 27.15% of the entire budget.

 

Kaduna State Governor Malam Nasir El-Rufai has presented the draft 2019 Budget of N155.86bn to the Kaduna State House of Assembly

Malam Rufai  said that “the 2019 budget keeps faith with our commitment to human capital development through investments in the social sector, which takes 42.8% of the budget. Social sector spending is mainly on Education which is allocated 27.15% and Health on which we propose to spend 15.02%.

 

Explaining the budget rationale, El-Rufai noted  that “macro-economic indicators show an uptick in global growth at 3.8% and gradual recovery on the national front from recession, and a reduction in the inflation rate”.

 

Despite this positive outlook, the state chose to be cautious. “The 2019-2021 multi-year budget is based on conservative projections. As a Sub-National Government with no control over monetary policy, the state budget is our key fiscal policy tool to insulate our economy from unforeseen negative shocks. The budget is also our most important mechanism towards achieving our State Development Plan 2016-2020. It is therefore critical for the state to have a realistic and implementable Budget.”

Kaduna State Governor Nasir El-Rufai with the Hon. Aminu Shagali, Speaker, and Nuhu Goroh Shadalafiya, Deputy Speaker, after the presentation of the draft 2019 Budget of N155.86bn to the Kaduna State House of Assembly

“The 2019 draft budget is informed by the governance priorities that we have set out since 2015. It is anchored on our commitment to promoting equal opportunity, human capital development and improving infrastructure. The sectoral allocations are such that these are the three areas that take the biggest chunk of the budget.

 

“Education is once again the biggest sector, for obvious reasons. We  have an unshakeable commitment to advance our reforms in this sector. Basic education must not only be free and compulsory, it must be delivered by qualified teachers in decent learning environments. We continue to allocate resources to ensure that everyone, including the children of the poor, has access to quality education.

 

“Healthcare is another pillar of human capital development that continues to receive priority attention. We are supporting the refitting of the primary health centers, bringing more equipment, expanding the coverage of our immunization programme, recruiting health professionals and working to reduce infant and maternal mortality.

 

“Infrastructure is critical to citizen welfare and the competitiveness of the state, and it is rightly receiving priority attention through improvements to the road and transport infrastructure.

 

The Governor condemned the Senators that denied the state access to the $350m loan that the board of directors of the World Bank approved for the state in on 20th June 2017. He confirmed that the non-receipt of the loan had affected the government’s plans, but assured that the state was soldiering on “in accordance with the pro-people thrust of the APC manifesto, propelled by a desire to advance social justice and promote equality of opportunity for all citizens.”

 

Read full Speech on the 2019 Budget of Continuity Here

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Share