Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Naira Softens on Weak FX Supply, Foreign Reserves Top $51bn

    June 21, 2026

    Equities Investors Lose N5.6trn as NGX Indicators Plunge

    June 21, 2026

    Iran Plans to Restore 3mbpd Oil Production in 60 Days

    June 20, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Naira Softens on Weak FX Supply, Foreign Reserves Top $51bn
    • Equities Investors Lose N5.6trn as NGX Indicators Plunge
    • Iran Plans to Restore 3mbpd Oil Production in 60 Days
    • Aradel Grows Profit by 192%, Declares N23 as Final Dividend
    • Dangote Cement Sells 64% of Production Volume to Nigerians
    • Naira Tumbles as Interbank FX Turnover Drops by 43%
    • XRP Rises as HKIMR Recognises Ripple for Cross-Border Payment
    • ETC- Ethereum Classic Gains 6% on Listing Speculation
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Sunday, June 21
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketNews » Kano Seeks to Pass N549bn 2025 Budget into Law

    Kano Seeks to Pass N549bn 2025 Budget into Law

    Julius AlagbeBy Julius AlagbeNovember 8, 2024 MarketNews No Comments2 Mins Read
    Kano Seeks to Pass N549bn 2025 Budget into Law
    Abba Yusuf, Kano State Gov
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Kano Seeks to Pass N549bn 2025 Budget into Law

    Gov. Abba Yusuf of Kano State has presented a budget of N549 billion for 2025 fiscal year to the State House of Assembly for passage into law.

    Presenting the proposal tagged ‘‘Budget of Hope, Human Capital and Economic Development’’ on Friday in Kano, Yusuf said it was aimed at consolidating and improving the wellbeing of the people of the state.

    He said that the budget consist of N312 billion for capital expenditure and N236 billion for recurrent expenditure. According to him, the 2025 budget, when approved, is projected to have a ratio of capital to recurrent 57:43 per cent respectively.

    The governor explained that most of the capital spending would be in the Social and Economic Sectors to the tune of N 461 billion.

    He also said that the Education Sector got a lion share of N168 billion more than the UNESCO and UN recommendations, adding that the figure represents 31 per cent, while the Health Sector received N90 billion representing 16. 50 per cent.

    He added that the fund would be spent on executing policies and programmes aimed at ensuring quality and education at all levels.

    He also said that N21 billion representing 3.83 per cent was earmarked for the Agricultural Sector, while Infrastructure Development got N70 billion representing 12.87 percent.

    “N23 billion representing four per cent was set aside for Security, Justice and Emergency Services, while Water Supply and Rural Development got N27 billion representing 4.96 percent,” he explained.

    The governor urged the lawmakers to ensure speedy passage of the budget, to enable the government continue to provide dividends of democracy to the people.

    The Speaker, Jibrin Falgore, assured the governor of speedy passage of the budget to create time for January to December budget circle.

    The Speaker also commended the governor for his stride in infrastructure development, security, health and education.#Kano Seeks to Pass N549bn 2025 Budget into Law FG Earmarks N47.5bn for Upgrade of 50 Selected Schools

    2025 Budget Kano
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Julius Alagbe
    • Website
    • LinkedIn

    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

    Keep Reading

    Naira Softens on Weak FX Supply, Foreign Reserves Top $51bn

    Equities Investors Lose N5.6trn as NGX Indicators Plunge

    Iran Plans to Restore 3mbpd Oil Production in 60 Days

    Aradel Grows Profit by 192%, Declares N23 as Final Dividend

    Dangote Cement Sells 64% of Production Volume to Nigerians

    Naira Tumbles as Interbank FX Turnover Drops by 43%

    Add A Comment

    Comments are closed.

    Editors Picks

    Naira Softens on Weak FX Supply, Foreign Reserves Top $51bn

    June 21, 2026

    Equities Investors Lose N5.6trn as NGX Indicators Plunge

    June 21, 2026

    Iran Plans to Restore 3mbpd Oil Production in 60 Days

    June 20, 2026

    Aradel Grows Profit by 192%, Declares N23 as Final Dividend

    June 20, 2026

    Dangote Cement Sells 64% of Production Volume to Nigerians

    June 20, 2026
    Latest Posts

    Naira Softens on Weak FX Supply, Foreign Reserves Top $51bn

    June 21, 2026

    Equities Investors Lose N5.6trn as NGX Indicators Plunge

    June 21, 2026

    Iran Plans to Restore 3mbpd Oil Production in 60 Days

    June 20, 2026

    Aradel Grows Profit by 192%, Declares N23 as Final Dividend

    June 20, 2026

    Dangote Cement Sells 64% of Production Volume to Nigerians

    June 20, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.