The Kano State House of Assembly has passed into law the N724.2 billion Medium Term Expenditure Framework (MTEF)after receiving a letter from the Commissioner for Planning and Budget seeking approval for the 2026-2028 MTEF.
The Speaker of the assembly, Alhaji Jibril Ismail Falgore, reading the letter at the plenary, then outlined the economic and fiscal policies guiding the preparation of the 2026 budget, including revenue projections, grants, debt servicing, and capital expenditure plans.
He disclosed that the total MTEF projection for the 2026 budget stands at N724.2 billion, with N321 billion allocated for recurrent services and another N321 billion for capital expenditure.
Falgore then urged members to critically review the proposal before forwarding it to the executive for assent.
After careful deliberations, the House adopted the MTEF document, pending the completion of necessary legislative procedures for its final approval.