After reviewing the 2020 Budget document, to cater for the aftermath of COVID-19 pandemic and after passing all the legislative stages, governor Abdullahi Umar Ganduje of Kano state has signed into Law, the reviewed fiscal document, at his office.
The earlier document of over N200 Billion is reviewed down to N138,279,140,661k. It was reviewed by 30 percent down. With N78.8 Billion for recurrent expenditure and N54.9 Billion for capital expenditure.
After signing the fiscal document, governor Ganduje reminded that, “We are all aware that due to COVID-19 pandemic, especially with the shut down of the state for over a month, our sources of revenue were drastically reduced. So also other allocation. For that we need to have a realistic budget that could cater for the post COVID-19 period.”
For the Financial Management Law, he said “We have this Law in order to guide our financial engagement and management for a better society. With such guided financial actions, path to sustainable development would be smoother than it is now.”
He made it very clear that, the state would work harder to trickle down development to the citizenry. Adding that, “All our ministries, departments and agencies are ready to redouble their efforts in facing POST-COVID-19 era.”
