Kaduna 2014 Buget: Yero Presents N198.6bn To Assembly


Ramalan-Yero1Kaduna State Governor Mukhtar Ramalan Yero yesterday presented to the State House of Assembly a draft budget of 198.6 billion naira for the 2014 fiscal year.
The budget which is tagged budget of peace and continuity is expected to build on the successes achieved in the previous year, he assured.

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Yero reieterated that “the 2014 budget has been tagged “Budget of Peace and Continuity” based on our determination to ensure that the administration is able to deliver dividends of democracy to our people, without which peace cannot be sustained.

“We have therefore focused attention on completion of ongoing projects in the State while initiating new ones.  In the coming year, priority attention would be given to projects that have been rolled over, especially from the 2013 budget which we have pledged to complete” he assured.

He said, “the 2014 budget is based on a revenue projection of N112,589,943,226.

“We are determined that the measures that would be adopted to enhance Internally Generated Revenue would succeed as we are fully committed to its implementation” he further stressed.

He also proposed that the “total Recurrent Expenditure Estimate for 2014 is N74,263,005,298.

“The total capital expenditure for the 2014 fiscal year is estimated at the sum of N124,415,887,120.00.

“ The total budget estimate for 2014 is N198,678,892,418.

He said the bulk of the revenue accruable to the state will be channeled to infrastructural development.

“As part of our efforts at prudent management of resources, we have ensured that bulk of the revenue accruable to the State is channeled to infrastructural development for improvement of the overall living conditions of our people.

Babatunde Akinsola
Babatunde Akinsolahttps://naija247news.com
Babatunde Akinsola is aNaija247news' Southwest editor. He's based in Lagos and writes on the Yoruba Nation political issues, news and investigative reports

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