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President Muhammadu Buhari on Wednesday, 14 December, 2016 in Abuja presented a budget of N7.30tn for 2017 before a joint session of the National Assembly. The president said that N2.24tn, representing 30.7 per cent of the 2017 budget, would be committed to capital expenditure aimed at pulling the economy out of recession as quickly as possible. He said the capital expenditure was increased from N1.8tn in 2016 to N2.24tn in 2017.
The president also announced N2.98tn as recurrent expenditure for the 2017 fiscal year.
Other states that have also submitted 2017 budgets include:
1. Kaduna State: Governor Nasir El-Rufai in October 2016 presented a budget proposal of N215.9 billion for the 2017 fiscal year to the state House of Assembly. In the budget, a total of N130.3 billion, representing 60 per cent of the budget was for capital expenditure, while N85.5 billion, representing 40 per cent of the estimate, was for recurrent expenditure.
2. Lagos State: Governor Akinwunmi Ambode in November presented the 2017 budget proposal of N813 billion to the House of Assembly, assuring that the budget will be judiciously implemented to continue the massive infrastructural renewal and the enhancement of Lagos as one of the foremost tourism and investment destinations in Africa. The governor, who christened the budget as “The Golden Jubilee Budget” as it coincides with the State’s 50th Anniversary, said it would focus on physical infrastructure, while social sectors especially health, education, youth and social development will be given adequate attention.
3. Nassarawa State: Gov. Umaru Al-Makura of Nasarawa State on Thursday, 15 December 2016 presented an Appropriation Bill of N67.013 billion for 2017 to the state House of Assembly for consideration and passage.
Mr. Al-Makura, while presenting the bill christened “Budget of Reformation’’ at the floor of the state assembly in Lafia, said the budget was in compliance with International Public Sector Accounting Standard (IPSAS). According to Mr. Al-Makura, N37.012 billion, representing 55.2 per cent of the budget is for recurrent expenditure while N30 billion, representing 44.7 per cent is earmarked as capital expenditure for 2017 fiscal year.
4. Ekiti State: The Ekiti State Governor, Ayodele Fayose, on Tuesday, December 6, 2016 presented a N93.4bn Budget for 2017 tagged, “Budget of Higher Height” to the state House of Assembly in Ado Ekiti. The governor also announced that he would go to the mountain to pray on December 14 and return on December 21 with predictions for Nigeria.
The governor, who was clad in a military camouflage while presenting the budget to the lawmakers, said that the recurrent expenditure for the 2017 appropriation bill was N55.02bn which is 59 per cent of the budget, while capital expenditure was N38.42 bn or 41 per cent of the estimates. The budget is 33 per cent higher than the N70.5bn presented for 2016.
5. Delta State: Delta State Governor, Dr. Ifeanyi Okowa, on November 10 presented a budget proposal of N271 billion for 2017 fiscal year to the state House of Assembly. Presenting the budget on the floor of the House, Okowa said N152 billion was for recurrent expenditure while N119 billion was for capital expenditure. The 2017 budget proposal is slightly higher than the 2016 budget estimate of N268 billion.
6. Abia State: Governor Okezie Ikpeazu of Abia State in September flagged-off the State’s 2017 Budget Defence He christened it as “Budget of Prudence and Self-Reliance”, Governor Ikpeazu said “we will work towards it; we may not realize it 100% but we will certainly grade ourselves and say whether we made it 80% or 90%”.
7. Kano State: The Kano State Governor, Abdullahi Ganduje, in November presented a budget proposal of N210 billion (specifically, N209,875,330,488) for the 2017 fiscal year to the state House of Assembly.
Under the proposal, which the governor tagged “Budget of Sustainable Self Reliance”, N130,488,682.677 was projected for capital expenditure and N79,370,647.811billion for recurrent expenditure.
Mr. Ganduje said the budget would be funded by an expected internally generated revenue of N143.7 billion and N99.990 billion expected federal allocations.
8. Anambra: Gov. Willie Obiano of Anambra on Tuesday December 6, 2016 presented a budget proposal of N115.5 billion before the State House of Assembly. According to Mr. Obiano, a total of N58.9 billion will be spent on capital projects, while N56.6 billion will go to recurrent expenditure.
This, he noted represents a ratio of 51 to 49 respectively just as the previous year. He said the estimate was premised on the basis of N305 per dollar exchange rate and a projected price of $42 per barrel of crude oil.
9. Cross River: Governor Ben Ayade of Cross River on Monday, October 31, 2016 presented a 2017 Appropriation Bill of N301 billion to the House of Assembly. Presenting the budget, Mr. Ayade said it was intended to project economic activities in the state, and would focus largely on the construction of the 260 kilometres super highway and the deep sea port. According to him, a total of N226.48 billion representing 75.2 per cent of the budget is for capital expenditure, while personnel cost and overhead stands at N56.78 billion and N17.93 billion, respectively.
10. Ogun state: Ogun State Governor Ibikunle Amosun on Tuesday, November 22 presented a total budget of N221.129 billion for the 2017 fiscal year to the State House of Assembly. The budget, titled, “Budget of Repositioning”, represents an increase of 10.45 per cent compared to the 2016 budget. Mr. Amosun, while presenting the budget, explained that the recurrent expenditure will cost N102.82 billion or 46.50 per cent of the budget, while capital expenditure will take N118.306 billion or 53.50 per cent.
11. Zamfara: Zamfara State governor, Abdul-Aziz Yari, has presented a budget of over One Hundred and Seven Billion Naira (N107bn) for the year 2017 to the state house of assembly.
The governor proposed the sum of over N70 billion naira, and the sum of over N32 billion naira as capital and recurrent expenditures respectively.
He said the 2017 proposal was higher than this year’s proposal with a sum of over six billion naira, explaining that implementation of last year’s budget was adversely affected by the global economic recession also being faced by the country.
12. Edo: Godwin Obaseki of Edo State on December 19, 2016 presented a budget proposal of N150,011,831,079 for the 2017 fiscal year to the state House of Assembly for its consideration.
The budget estimate is a 29 percent increase over 2016 budget which stood at N115, 913,642,987. Presenting the budget proposal, in Benin, Governor Obaseki said that the estimate, titled ‘Budget of Consolidation and Prosperity,’ is made up of N74,900,297,917 for Recurrent Expenditure and N75,111,533,162 for Capital Expenditure. He told the legislators that the 2017 revenue estimates are based on a $42 bench mark for crude oil and average daily production of 1.9 million barrels per day and expectations of improved performance of Internally Generated Revenue, IGR.
13. Osun: Governor Rauf Aregbesola ofOsun State, on December 21, presented a budget of N138,232,946,670 for the 2017 fiscal year before the state House of Assembly for consideration and approval. The estimate, which was presented at the plenary, has recurrent expenditure of N75,823,942,160 and capital expenditure of N62,409,004,510. It also has the recurrent revenue of N105,090,868,130 and capital receipts of N33,142,078,540. Presenting the budget, tagged ‘Budget of Recovery’, on behalf of the governor, the Permanent Secretary, Budget and Economic Planning, Mr Segun Olorunsogo, said the economic sector of the budget, including agriculture, rural development, rural and urban electrification, commerce, industry, finance and transportation will gulp N24,911,168,470.00 of the total budget.
14. Bauchi: The Bauchi State Governor, Mohammed Abubakar, on December 21 presented a budget proposal of N145bn for the 2017 Fiscal year to the State House of Assembly for consideration.
The budget, tagged Budget of Sustainability Development, is made up of N5bn for recurrent expenditure and N86.602bn for capital expenditure, representing 40 and 60 per cent respectively. The 2017 budget estimate has an increase of over N10bn as against the over N135bn proposed in 2016.
15. Benue: On December 21, Governor Samuel Ortom presented the 2017 Appropriation Bill of N163.9bn to the Benue House of Assembly. The 2017 budget proposal has N13bn increment above the 2016 budget which was N150.7bn.
The budget indicates that out of the total sum, the recurrent expenditure stands at N66.348bn, while N97.562bn has been earmarked for capital expenditure.
The governor said the Appropriation Bill was christened, ‘Budget of Rural Transformation,’ stressing that it should be considered a collective vision of a new Benue for a new change that would also affect everyone.
16. Borno: Also on December 21, 2016, In Borno State, Governor Alhaji Kashim Shettima presented an appropriation bill of N183bn to the state lawmakers, with reconstruction of schools destroyed at the peak of the Boko Haram insurgency getting the largest allocation.
The reconstruction of the destroyed schools and construction of fresh schools will gulp N33bn in the appropriation bill tagged, ‘Budget of consolidation, restoration and rebirth.’
Shettima added that the budget was aimed at reaching out to all the local government areas for the purpose of smooth restoration of civil structures, essential services and facilities and the complete return of the IDPs and resuscitation and reviving of all economic, social and even political activities.
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This list is not in all complete, as we will surely do updates of other states.
Compiled By Nigerian Bulletin
The president also announced N2.98tn as recurrent expenditure for the 2017 fiscal year.
Other states that have also submitted 2017 budgets include:
1. Kaduna State: Governor Nasir El-Rufai in October 2016 presented a budget proposal of N215.9 billion for the 2017 fiscal year to the state House of Assembly. In the budget, a total of N130.3 billion, representing 60 per cent of the budget was for capital expenditure, while N85.5 billion, representing 40 per cent of the estimate, was for recurrent expenditure.
2. Lagos State: Governor Akinwunmi Ambode in November presented the 2017 budget proposal of N813 billion to the House of Assembly, assuring that the budget will be judiciously implemented to continue the massive infrastructural renewal and the enhancement of Lagos as one of the foremost tourism and investment destinations in Africa. The governor, who christened the budget as “The Golden Jubilee Budget” as it coincides with the State’s 50th Anniversary, said it would focus on physical infrastructure, while social sectors especially health, education, youth and social development will be given adequate attention.
3. Nassarawa State: Gov. Umaru Al-Makura of Nasarawa State on Thursday, 15 December 2016 presented an Appropriation Bill of N67.013 billion for 2017 to the state House of Assembly for consideration and passage.
Mr. Al-Makura, while presenting the bill christened “Budget of Reformation’’ at the floor of the state assembly in Lafia, said the budget was in compliance with International Public Sector Accounting Standard (IPSAS). According to Mr. Al-Makura, N37.012 billion, representing 55.2 per cent of the budget is for recurrent expenditure while N30 billion, representing 44.7 per cent is earmarked as capital expenditure for 2017 fiscal year.
4. Ekiti State: The Ekiti State Governor, Ayodele Fayose, on Tuesday, December 6, 2016 presented a N93.4bn Budget for 2017 tagged, “Budget of Higher Height” to the state House of Assembly in Ado Ekiti. The governor also announced that he would go to the mountain to pray on December 14 and return on December 21 with predictions for Nigeria.
The governor, who was clad in a military camouflage while presenting the budget to the lawmakers, said that the recurrent expenditure for the 2017 appropriation bill was N55.02bn which is 59 per cent of the budget, while capital expenditure was N38.42 bn or 41 per cent of the estimates. The budget is 33 per cent higher than the N70.5bn presented for 2016.
5. Delta State: Delta State Governor, Dr. Ifeanyi Okowa, on November 10 presented a budget proposal of N271 billion for 2017 fiscal year to the state House of Assembly. Presenting the budget on the floor of the House, Okowa said N152 billion was for recurrent expenditure while N119 billion was for capital expenditure. The 2017 budget proposal is slightly higher than the 2016 budget estimate of N268 billion.
6. Abia State: Governor Okezie Ikpeazu of Abia State in September flagged-off the State’s 2017 Budget Defence He christened it as “Budget of Prudence and Self-Reliance”, Governor Ikpeazu said “we will work towards it; we may not realize it 100% but we will certainly grade ourselves and say whether we made it 80% or 90%”.
7. Kano State: The Kano State Governor, Abdullahi Ganduje, in November presented a budget proposal of N210 billion (specifically, N209,875,330,488) for the 2017 fiscal year to the state House of Assembly.
Under the proposal, which the governor tagged “Budget of Sustainable Self Reliance”, N130,488,682.677 was projected for capital expenditure and N79,370,647.811billion for recurrent expenditure.
Mr. Ganduje said the budget would be funded by an expected internally generated revenue of N143.7 billion and N99.990 billion expected federal allocations.
8. Anambra: Gov. Willie Obiano of Anambra on Tuesday December 6, 2016 presented a budget proposal of N115.5 billion before the State House of Assembly. According to Mr. Obiano, a total of N58.9 billion will be spent on capital projects, while N56.6 billion will go to recurrent expenditure.
This, he noted represents a ratio of 51 to 49 respectively just as the previous year. He said the estimate was premised on the basis of N305 per dollar exchange rate and a projected price of $42 per barrel of crude oil.
9. Cross River: Governor Ben Ayade of Cross River on Monday, October 31, 2016 presented a 2017 Appropriation Bill of N301 billion to the House of Assembly. Presenting the budget, Mr. Ayade said it was intended to project economic activities in the state, and would focus largely on the construction of the 260 kilometres super highway and the deep sea port. According to him, a total of N226.48 billion representing 75.2 per cent of the budget is for capital expenditure, while personnel cost and overhead stands at N56.78 billion and N17.93 billion, respectively.
10. Ogun state: Ogun State Governor Ibikunle Amosun on Tuesday, November 22 presented a total budget of N221.129 billion for the 2017 fiscal year to the State House of Assembly. The budget, titled, “Budget of Repositioning”, represents an increase of 10.45 per cent compared to the 2016 budget. Mr. Amosun, while presenting the budget, explained that the recurrent expenditure will cost N102.82 billion or 46.50 per cent of the budget, while capital expenditure will take N118.306 billion or 53.50 per cent.
11. Zamfara: Zamfara State governor, Abdul-Aziz Yari, has presented a budget of over One Hundred and Seven Billion Naira (N107bn) for the year 2017 to the state house of assembly.
The governor proposed the sum of over N70 billion naira, and the sum of over N32 billion naira as capital and recurrent expenditures respectively.
He said the 2017 proposal was higher than this year’s proposal with a sum of over six billion naira, explaining that implementation of last year’s budget was adversely affected by the global economic recession also being faced by the country.
12. Edo: Godwin Obaseki of Edo State on December 19, 2016 presented a budget proposal of N150,011,831,079 for the 2017 fiscal year to the state House of Assembly for its consideration.
The budget estimate is a 29 percent increase over 2016 budget which stood at N115, 913,642,987. Presenting the budget proposal, in Benin, Governor Obaseki said that the estimate, titled ‘Budget of Consolidation and Prosperity,’ is made up of N74,900,297,917 for Recurrent Expenditure and N75,111,533,162 for Capital Expenditure. He told the legislators that the 2017 revenue estimates are based on a $42 bench mark for crude oil and average daily production of 1.9 million barrels per day and expectations of improved performance of Internally Generated Revenue, IGR.
13. Osun: Governor Rauf Aregbesola ofOsun State, on December 21, presented a budget of N138,232,946,670 for the 2017 fiscal year before the state House of Assembly for consideration and approval. The estimate, which was presented at the plenary, has recurrent expenditure of N75,823,942,160 and capital expenditure of N62,409,004,510. It also has the recurrent revenue of N105,090,868,130 and capital receipts of N33,142,078,540. Presenting the budget, tagged ‘Budget of Recovery’, on behalf of the governor, the Permanent Secretary, Budget and Economic Planning, Mr Segun Olorunsogo, said the economic sector of the budget, including agriculture, rural development, rural and urban electrification, commerce, industry, finance and transportation will gulp N24,911,168,470.00 of the total budget.
14. Bauchi: The Bauchi State Governor, Mohammed Abubakar, on December 21 presented a budget proposal of N145bn for the 2017 Fiscal year to the State House of Assembly for consideration.
The budget, tagged Budget of Sustainability Development, is made up of N5bn for recurrent expenditure and N86.602bn for capital expenditure, representing 40 and 60 per cent respectively. The 2017 budget estimate has an increase of over N10bn as against the over N135bn proposed in 2016.
15. Benue: On December 21, Governor Samuel Ortom presented the 2017 Appropriation Bill of N163.9bn to the Benue House of Assembly. The 2017 budget proposal has N13bn increment above the 2016 budget which was N150.7bn.
The budget indicates that out of the total sum, the recurrent expenditure stands at N66.348bn, while N97.562bn has been earmarked for capital expenditure.
The governor said the Appropriation Bill was christened, ‘Budget of Rural Transformation,’ stressing that it should be considered a collective vision of a new Benue for a new change that would also affect everyone.
16. Borno: Also on December 21, 2016, In Borno State, Governor Alhaji Kashim Shettima presented an appropriation bill of N183bn to the state lawmakers, with reconstruction of schools destroyed at the peak of the Boko Haram insurgency getting the largest allocation.
The reconstruction of the destroyed schools and construction of fresh schools will gulp N33bn in the appropriation bill tagged, ‘Budget of consolidation, restoration and rebirth.’
Shettima added that the budget was aimed at reaching out to all the local government areas for the purpose of smooth restoration of civil structures, essential services and facilities and the complete return of the IDPs and resuscitation and reviving of all economic, social and even political activities.
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This list is not in all complete, as we will surely do updates of other states.
Compiled By Nigerian Bulletin
