The Kano Condition Govt has earmarked a whopping sum of N150,996,352,990.82 for the fee of per month salaries and allowances to civil servants and political place of work holders in 2025.
This building comes days upcoming the situation governor, Abba Yusuf, introduced the proposed 2025 appropriation invoice amounting to N549,160,417,663.00 to the Condition Meeting.
Future briefing newshounds in his place of work on Monday, the Commissioner for the Ministry of Making plans and Finances, Musa Shanono, said that the volume used to be in accordance with the esteem of the brandnew minimal salary coverage by way of Governor Yusuf.
In keeping with him, the sum is a part of the proposed recurrent expenditure for the 2025 fiscal life, which is estimated to be N236,525,504,990.82, representing 43 in step with cent of the overall estimated price range measurement.
He mentioned, “Gents of the Press, the overall recurrent expenditure for the incoming 2025 fiscal life is estimated at N236,525,504,990.82, representing 43 in step with cent of the overall price range measurement.
“Out of this, the sum of N150,996,352,990.82 is allocated for the payment of monthly salaries and allowances to civil servants and political office holders in the state, based on the approval of the new minimum wage policy by His Excellency, Governor Abba Yusuf.”
The proposed overhead prices for Ministries, Branchs, and Businesses, consistent with Shanono, are estimated at N75,567,346,000.
“For MDAs’ running costs, critical priority payments will be made based on standing orders approved by His Excellency for the MDAs. Meanwhile, the payment for debt service is set at N9,961,805,000 for the 2025 fiscal year,” he mentioned.
Moreover, Shanono defined that the proposed 2025 price range measurement is N549,160,417,663.00, with the capital expenditure attribute at N312,634,912,672.18, generation the recurrent expenditure is ready at N236,525,504,990.82.
The commissioner additionally disclosed that the overall recurrent income anticipated to be gathered for the 2025 fiscal life is estimated at N449,092,680,142.00, which contains N75,718,779,890.00 in internally generated income, generation the sum of N373,373,900,252.00 is from the Federal Account Allocation Committee, together with Worth Added Tax, Digital Switch, and alternative FAAC revenues.
“The total recurrent revenue is higher than that of 2024 by N69,330,390,567.00, representing an 18 per cent increase,” he mentioned.
“Participants of the Press, having laid i’m sick the base for the implementation of insurance policies and programmes since our inception, the stream management is aspiring to maintain its loyalty to the usage of to be had sources to pursue primary programmes and initiatives within the 2025 fiscal life.
“Consequently, the sum of N312,634,912,672.18 is dedicated to capital expenditure, representing 57 per cent of the total budget size, to finance projects and programmes across the state.”