The Kaduna State Governor, Mallam Nasir El-Rufai on Wednesday presented a budget proposal of N215.9 billion for the 2017 fiscal year to the state House of Assembly.
According to the state governor, N130.3 billion, representing 60 per cent of the budget, was for capital expenditure, while N85.5 billion representing 40 per cent of the estimate, was for recurrent expenditure.
He said the opening balance for the 2017 budget sood at N15.8 billion, while N15.2 billion would be realised from Internally Generated Revenue (IGR) and N34.9 billion from statutory allocation.
N9.4 billion would be generated from Value Added Tax and N6.6 billion from internal loans and credit and N55.9 billion loan from external sources, the Governor said.
He told the lawmakers that the government expected to generate N35.3 billion as internal grants and another N7.1 billion grant from external sources, explaining that the budget would largely focuss on completing Zaria water project, massive rebuilding and equipping of schools, as well as rehabilitation, maintainance and rebuilding of township roads.
He said the government would also commence the first phase of Kaduna Light Rail project to link Rigachikun with Refinery, and provide infrastructure in mining sites and rural areas, adding that the administration would during the year, create “a green economic zone – an Agro-Industrial Park along Abuja road”.
On agriculture, the governor said the focus would be on the expansion of post-harvest price support for farmers and the Anchor Borrowers Programme which targets six crops the state has comparative advantage,
In 2017, the administration would convert the Doka Hospital located on Kaduna-Abuja Expressway into a Trauma Centre and implement an Emergency Nutrition Intervention Programme to reduce malnutrition and hunger, he disclosed.
“We presented the draft estimates for discussion through consultations with the private sector, civil society and, finally to the general public, at a town hall meeting.
“The outcome of these consultations convinced us that we had to be even bolder in proposing an expansionary budget in these difficult economic times.
“We are convinced that the pursuit of economic recovery is a pressing mandate,” he said.
Receiving the budget, the Speaker, Aminu Shagali, said the House would fast track the passage of the document, while he commended the state government for initiating laudable policies that would move the state forward.
He pledged that the legislature would support the state government to promote security, peace and unity in the state.