Kano State to Generate N60b as Internally Generated Revenue in 2016
The Kano State Government has set its target for internally generated revenue in 2016 at N60 billion.
Hajiya Aisha Bello, Commissioner for Planning and Budget, made this known while giving the break down of the 2016 budget for Kano state.
The commissioner said the expected N60 billion internally generated revenue is to be the balance of the projected total recurrent revenue of N157.4 billion made up of N54 billion.
“This indicates a significant increase in our local revenue generation drive over federation allocation,” she said.
The commissioner said the state government would continue to ensure improvement in the local revenue collection to enhance its revenue base.
She urged ministries, departments and agencies to give maximum cooperation to the new revenue generation machinery to reduce over dependence on federal allocation.
She assured that the state government would intensify effort to ensure full implementation of the budget regular supervision and monitoring.
Governor Abdullahi Ganduje had earlier, on Monday presented to the state House of Assembly the proposed budget of N274.8 billion for 2016 fiscal year.