Kaduna budgets N154.33b for 2012

A total budget proposalof N154.33 billion forthe 2012 fiscal year has been presented to the Kaduna State House of Assembly by Governor Patrick Ibrahim Yakowa of the state.The 2012 fiscal year budget however exceeded that of 2011 with N17.77 billion as the governor regretted that the post-presidential election violence last April had a negative impact on the performance of the 2011 budget hence an increase was necessary.The governor said that 'the violence retarded our efforts at socio-economic and infrastructural development and redirected them towards reconciliation/ rehabilitation of crisis victims and return to normalcy, peace and security in the state.'In an effort to get a road map for our development in the next three to four years, we constituted a high-powered committee, under the Chairmanship of the former Head of Service, Abubakar Mustapha, to review the policy and structure of the state government.'Speaking further the Governor said that due to unstable allocation from the Federation Account the budget would be accentuate on internally-generated revenue as the budget was tagged 'Budget of Peace, Unity and Growth' for 2012.'Government has therefore decided that it has to rely more on its internally generated revenues as its major source of financing future development projects.
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