North-WestCap: Kano

Kano State .

Governor Abba Kabir Yusuf

Pop. ~13.8M

Total 2024 Budget

₦421,527,326,798

Kano is Nigeria's second most populous state and the commercial capital of northern Nigeria. Kano City is one of the oldest cities in West Africa, a historic centre of trade for over a millennium along trans-Saharan routes. Today it is a major industrial city with over 400 large and medium-scale industries, and one of the leading producers of groundnuts, cotton, and livestock.

Metrics Overview

Capital Exp.

₦279,835,094,304

66% of total

Recurrent Exp.

₦379,762,289,575

34% of total

Total Revenue

₦421,527,326,798

Estimated income

Fiscal Balance

Balanced

Matched

Breakdowns

Education

₦159.4B37.8%

Health

₦67.3B16.0%

Infrastructure

₦108.5B25.7%

Agriculture

₦38.3B9.1%

Security

₦1.3B0.3%

Budget Insights

Key observations from Kano State State's 2024 budget

Overview

Kano State State's total budget for 2024 is ₦421.53 Billion. This budget is perfectly balanced.

Expenditure Focus

The largest single sector allocation is education, receiving ₦159.42 Billion. This accounts for 37.8% of the total budget.

Revenue Dependency

The primary source of revenue is faac, contributing ₦277.81 Billion. This represents 65.9% of the total expected revenue.

Glossary

Common budget terms explained

IGR

Internally Generated Revenue. Money collected by the state internally (taxes, fines).

FAAC

Federation Account Allocation Committee. Funds distributed from the federal government.

Capital Exp.

Money spent on long-term physical assets like roads, schools, and hospitals.

Recurrent Exp.

Money spent on day-to-day operations like salaries and overhead costs.

Deficit

When a state plans to spend more money than it expects to collect in revenue.