KADUNA STATE 2013 DRAFT BUDGET OF CONSOLIDATION AND ADVANCEMENT AS PRESENTED TO THE HONOURABLE MEMBERS OF THE KADUNA STATE HOUSE OF ASSEMBLY ON THURSDAY 13TH DECEMBER 2012
3.0 2013 BUDGET
Mr. Speaker, Honorable Members, the objective and aspiration of the 2013 draft Budget tagged Budget of Consolidation and Advancement has compelled this administration into reviewing upward charges, identifying hitherto untapped IGR sources against the background of dwindling allocation from the federal account and the huge expectation by the people of the state for the delivery of the dividends of democracy. These are part of the outcomes of the revenue enhancement committee under my chairmanship.
In line with this drive, we call on residents of this State to cooperate and support this Administration to enhance the internal revenue base of the State.
Mr. Speaker, Honourable Members, it is worthy to state that the 2013 draft budget is also aimed at addressing our infrastructural needs in terms of the provision of roads ,improved water supply, improved standard of education and developing the capacity of our health facilities for better health care delivery.
Mr. Speaker and Honourable Members, you may also wish to note that the consideration of the 2013 Recurrent and Capital Estimates is within the context of the Multi-Year Budgeting Framework that was introduced in 2009 as part of the Public Finance Management Reform in the State. The State Executive Council has painstakingly scrutinized the 2013 Draft Estimates to ensure that a realistic Budget is presented before this Honourable House for consideration and approval. Therefore, the capital works of year 2012 would, in almost all cases, roll over into year 2013 for continuation, completion and consolidation.
3.1 PROJECTED REVENUE FOR 2013
Revenue Projection for 2013 budget is as follows:-
(a) Opening Balance - N 8,000,000,000
(b) Internally Generated Revenue - N 29,087,728,838
(c) Statutory Allocation from Federation
Account - N 65,000,000,000
(d) SURE- P - N3, 372,000,000
Total Estimated Revenue = N105, 459,728,838
The Internally Generated Revenue projection for the year 2013 is believed to be a realistic projection and we hope that with the support of this Honorable House and the cooperation of development oriented people of the state we shall realize it.
Via: Kaduna State Government - Official Press Release