By Sumayyah Auwal Ishaq
Governor Nasir El-Rufai of Kaduna State has unveiled a draft budget of 233 billion for the 2022 fiscal year that reflects the government’s commitment to sustainable growth, promoting equal opportunity, accelerate human capital development, and attain fiscal viability.
The governor noted that “when approved, is projected to have the capital to recurrent ratio of 63%:37%. The 2022 estimates are slightly smaller than the proposed 2021 budget estimates of N237.52bn, of which N157.56bn was capital and N79.96bn recurrent expenditure, a 66% to 34% capital to recurrent ratio,” he said.