El-Rufai: Kaduna State No Longer Depend On Allocation

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The Kaduna State Government has said it is working towards funding its budget with internally generated revenue in coming years.

The government said it would rely on federal allocation to fund its budget for the 2022 fiscal year.

The State Commissioner and Chairman of the State Budget and Planning Commission, Muhammad Sani, said this at the public hearing on the 2022 Appropriation Bill held at the State House of Assembly on Tuesday.

According to him, the state is progressing, and in the next few years, it can provide for infrastructure and other obligations with its own IGR, so that whatever comes from the federal allocation will be an addition.

He said, “In 2015, when this government came in, the highest that has been achieved was N13bn annually, and we are very happy today that we are at N57bn because of the continued support of the State House of Assembly.

“The first law that was passed was the consolidated law, which was what opened the doors for the rise in internal revenue generation by the state.”

According to him, Kaduna has moved from a state that completely relied on federal allocation to one that is sustainable.

Naija247news Media Nigeria
Naija247news Media Nigeriahttps://www.naija247news.com/
Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

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