Ganduje Proposes N197,68bn For 2020

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Ganduje Proposes N197,68bn For 2020

Gov. Abdullahi Umar Ganduje of Kano State, on Thursday, presented a proposed N197,683, 353, 659 billion Appropriation Bill for the year 2020, to the State House of Assembly.

Tagged ‘Budget of Sustainable Social Development’, he explained that the 2020 proposed budget had a decrease of N16,209,513, 632 billion lower than that of 2019, representing 12 percent. “The Capital Receipt is made up of estimated Grants and aids of N25,989,884,251,expected Internal and External loans draw-down is N23,112,500,000, estimated Miscellaneous receipts of N4,446,269,408 and Treasury opening balance of N234,700,000,” Ganduje stated.

Dr. Ganduje disclosed that the Ministry of Education would receive the lion share of N49. 9 billion, representing 25. 23 percent to allow for critical projects such as the government’s free and compulsory education policy.

 

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