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First off the blocks again: El-Rufai proposes draft 2018 budget of N201bn

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First off the blocks again: El-Rufai proposes draft 2018 budget of N201bn

For the third year running, Governor Nasir Ahmed El-Rufai of Kaduna has become the first governor to announce the state’s draft budget for the next fiscal year.

Details: At a town hall meeting in Kaduna, El-Rufai proposed the following for the 2018 fiscal year:

  • A draft total budget of N201.05 billion;
  • Capital budget of N125.50 billion (62.4%); and
  • Recurrent budget of N75.55 billion (37.6%).

Important to note the following:

  • It is just a draft – El-Rufai has not yet presented it to the state assembly.
  • Suggestions are still welcome – Currently, the government is still asking the electorate to provide inputs and suggest projects that they would like to see included in the final document.
  • A copy of the proposed draft is available online for citizens to read and provide input.

Timelines:

  • The Kaduna State Executive Council is expected to approve the final estimate on Monday 9th October.
  • El-Rufai is expected to present the final draft estimate to the Kaduna State House of Assembly on 12th October for consideration and passage into law.

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