Yero signs 2013 budget of N179.05bn

Governor Ramallan Yero of Kaduna State on Wednesday assented to the 2013 budget of  N179,053,904,185.

A breakdown of the budget showed that N104.5bn was earmarked for capital expenditure with the balance of N74.55bn set aside for recurrent expenditures.

The governor, while signing the budget into law, said that it was in line with the commitment of his administration to reduce the cost of governance by cutting down on recurrent expenditures.

He explained that there was an increase in capital expenditure to expedite action on development projects across the state.

'The budget breakdown is part of government's determination to rapidly transform Kaduna State through the provision of critical infrastructure that will improve the living standards of the people,' Yero said.