The Kano state commissioner for Planning and Budget has has issued clarification on the misinformation that the state government had spent N10 Billion on the purchase of furniture.
Earlier, media reports have gone viral that the Kano state government had spent N10 Billion of furniture, a story that had generated a lot of questions
The commissioner responded to questions from newsmen in Kano at a press conference on Wednesday where he mentioned that the figure was erroneously cartegorised as purchase of furnitures and fittings instead of settlement of liabilities of local contractors domiciled in the ministry of finance.
“You may wish to recall that, there were media reports published in respect of issue of over Ten Billion Naira spent on purchase of furniture and fittings which was observed that, the issue is to do with Budget populating template that erroneously categorized the expenditure as purchase of furniture and fittings instead of settlement of liabilities of local contractors domiciled in the ministry of Finance.
“However, the project description in the second quarter report justified that, the expenditure is captured as payment of liabilities going by Administrative classification” he stated.
Earlier, in his speech he mentioned that the Budget Performance Report for Kano State is prepared quarterly and issued within 4 weeks from the end of each quarter.
“This is a provision of the State Fiscal Transparency, Accountability and Sustainability (SFTAS) as well as Nigerian Governors Forum (NGF)
“The report includes the original approved budget appropriation for the year 2024 against each organizational unit for each of the core economic classification of expenditures (Personnel, Overheads, Capital and Others); the actual expenditures for the quarter Two (Quarter 2), attributed to each organizational unit, as well as the cumulative expenditures for year to date, and balances against each of the revenue and expenditure appropriations were outline in the report.
“The Second Quarter report is assessed against the 2024 approved budget with a total outlay of N437,338,312,787.93 with performance of revenue of N222,499,867,516.74 or 50.9% and expenditure of 163,615,769,123.21 Or 38% he explained.
