The N724.2 billion Medium-Term Expenditure Framework is approved by the Kano Assembly.

The N724.2 billion Medium-Term Expenditure Framework is approved by the Kano Assembly.

The Kano State House of Assembly has provisionally approved the N724.2 billion Medium Term Expenditure Framework (MTEF) for the 2026–2028 fiscal period.
The Assembly received the MTEF proposal from the Commissioner for Planning and Budget, which outlines the economic and fiscal policies that will guide the preparation of the 2026 budget.
Key figures for the 2026 budget projection include:Total MTEF Projection: N724.2 billion
Recurrent Services (Recurrent Expenditure): N321 billion,Capital Expenditure: N321 billion (The remaining funds likely cover other expenses like debt servicing and grants, though the breakdown implies equal shares for recurrent and capital spending).
After deliberations, the House adopted the MTEF document, signaling its legislative agreement, though it still requires final legislative steps before being forwarded to the executive for assent. Essentially, Kano has mapped out its spending for the next few years, and the Assembly gave it a preliminary thumbs-up.

About The Author

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *