Governor Mukhtar Yero of Kaduna State has signed the N200.7 billion 2015 appropriation bill into law.
Speaking during the signing ceremony witnessed by the Speaker and principal officers of the State Assembly as well as other top government officials, Yero stressed the need for improved revenue generation in the state to ensure effective implementation of the budget.
While assuring the lawmakers that the budget would be implemented on the basis of available resources, the Governor emphasised the need to improve the internally generated revenue, in view of the dwindling Federal Allocation accruing to the 36 states of the federation.
The Governor also condemned a media report that the State Assembly rejected a proposed expenditure of N30 billion SURE-P fund saying “this is misinformation because the total revenue accrued from SURE-P to Kaduna State since its inception in 2012 is not up to N30 billion.”
He also debunked allegations by some people that the internally generated revenue was being paid into a private account.
Governor Yero had on December 23, 2014 presented a budget estimate of 203.7 billion naira (N203,700,855,271) to the House of Assembly which the House passed within four weeks after reducing it by N3 billion.
In his speech, the Speaker of the State House of Assembly, Shehu Tahir said that the budget was reduced by N3 billion as a reflection of the present austerity measures in the country.