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news Katsina Assembly passes N286bn as 2021 budget, raised it...

Katsina Assembly passes N286bn as 2021 budget, raised it by N3bn – Katsina Post

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Breaking: Katsina Assembly passes N286bn as 2021 budget, raised it by N3bn 

Breaking: Katsina Assembly Raises 2021 Budget by N3bn, Approves N286bn

Katsina State House of Assembly has Passed the 2021 Appropriation bill to the tune of N286bn into law.

Katsina Post learnt that the budget was raised by N3bn from the amount presented to the state assembly by the Katsina State Governor.

Further breakdown of the budget as passed by the Katsina State assembly shows that recurrent expenditure stands as N88.7bn while the capital expenditure stands as N197.9bn.

Recall that Governor Masari had earlier in November presented the budget proposal to the Katsina State House of Assembly.

The proposed budget has over N196bn representing 70% as capital expenditure and over N85bn representing 30% as recurrent expenditure.

In the proposed budget, the sum of N19bn was budgeted for the education sector while N22bn was budgeted for Water Resources sector.

Also, N20bn was earmarked for Agriculture, N43bn for Works and N27bn for environment sectors.

Read more at SOURCE: This post (Katsina Assembly passes N286bn as 2021 budget, raised it by N3bn – Katsina Post) firstly published at katsinapost.com.ng on 2020-12-22 15:35:14

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