Governor Aminu Bello Masari of Katsina state has presented the state’s 2023 budget proposal of over N288 billion to the State House of Assembly.
Similarly, the governor shed more tears as he bid farewell to the House saying “I’m missing the executed relationship from this budget.”
The draft budget tagged, ‘Budget of Transition’, proposes a capital expenditure of over N184.05 billion and a recurrent expenditure of over N104.5 billion.
The proposed budget appropriates N31 billion to the environment, N29 billion to Water Resources, and N23 billion to the health sector.
Similarly, N20billion was appropriated to the works sector while the education sector was allocated N18 billion.
Governor Masari while presenting a review of the budget performance for the current fiscal year, said as at the end of August, 2022, the budget has recorded a revenue performance level of 35 percent with a total expenditure of over N102.4 billion out of the N323 billion budgeted for the fiscal year.
He explained that the state government has expended N60 billion on the provision of capital services in key sectors that include healthcare, education, works and agriculture, water resources and the environment.
The governor noted that, the 2022 budget implementation was largely affected by the Covid-19 pandemic, security challenges and shortfall in revenue that accrued to the state due to the global crash in oil prices.
Blueprint reported that the 2023 budget estimate has decreased by N34.6 billion compared to the revised 2022 budget.
The Speaker of the State House of Assembly, Alhaji Tasiu Maigari, in his remarks, assured the Governor that the house will ensure its speedy passage before the end of the year.
