Katsina State proposes N828.64 billion budget for 2027
Translated from English and summarized by DistantNews. Read the original for the full story.
At a glance
- Katsina State has proposed an N828.64 billion budget for the 2027 fiscal year, a decrease from the previous year's budget.
- Capital expenditure will account for 77% of the budget, with 23% designated for recurrent spending.
- Key priority areas include Education, Works, Housing, Transport, Agriculture, Health, and Rural Development.
The Katsina State Government has put forth a proposed budget of N828.64 billion for the 2027 fiscal year. This figure represents a decrease of N69.23 billion compared to the approved budget for 2026. The proposal, officially titled 'Building Your Future Agenda IV,' received approval from the State Executive Council during its 14th Regular Meeting for 2026, chaired by Governor Dikko Umaru Radda.
During a briefing, the Commissioner for Budget and Economic Planning, Alhaji Malik Anas, detailed that 77% of the proposed budget is earmarked for capital expenditure, while 23% is allocated to recurrent spending. The budget is projected to be financed through N95.77 billion in internally generated revenue, N234.30 billion in capital receipts, and N487.81 billion from other expected sources. An opening balance of approximately N10.7 billion is also anticipated for the year.
Sectoral allocations within the budget prioritize key areas. The Social Sector receives the largest share at 38.33%, followed by the Economic Sector at 35.59%, Administration at 23.97%, and Law and Justice at 1.11%. Among the specific priority areas, Education is allocated 13.41%, Works, Housing and Transport receive 11.22%, Agriculture and Livestock Development gets 10.33%, Health is allocated 8.41%, and Rural Development accounts for 7.92%.
Governor Radda is expected to formally present the full details of the proposed budget to the Katsina State House of Assembly for scrutiny. This presentation will be conducted in accordance with Section 121 of the 1999 Constitution, as amended, ensuring legislative review of the financial plan for the upcoming fiscal year.
The proposal would be financed through N95.77 billion in internally generated revenue, N234.30 billion in capital receipts and N487.81 billion from other expected receipts, while an opening balance of about N10.7 billion is projected for the year.
Originally published by ThisDay in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.