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Kano State Unveils Historic ₦1.368 Trillion 2026 Budget - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsKano State Unveils Historic ₦1.368 Trillion 2026 Budget (5254 Views)

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Re: Kano State Unveils Historic ₦1.368 Trillion 2026 Budget by lawani(m): 9:41am On Nov 20, 2025
When the money is coming in they should remember to set up an investment company.
Re: Kano State Unveils Historic ₦1.368 Trillion 2026 Budget by lawani(m): 9:45am On Nov 20, 2025
fineboynl:
Check there internally generated revenue as of current before you start talking what you really don’t know
That money quoted is less than one billion dollars. Kano's GDP will be more than 20 billion dollars. They can take half of their GDP as taxes as is done in say Germany.
Re: Kano State Unveils Historic ₦1.368 Trillion 2026 Budget by fineboynl(m): 9:46am On Nov 20, 2025
lawani:
That money quoted is less than one billion dollars. Kano's GDP will be more than 20 billion dollars. They can take half of their GDP as taxes as is done in say Germany.
how did 75b annual income become 1 billion?

Guy educate yourself.
Re: Kano State Unveils Historic ₦1.368 Trillion 2026 Budget by lawani(m): 9:51am On Nov 20, 2025
fineboynl:
how did 75b annual income become 1 billion?

Guy educate yourself.
Which one is 75 billion annual income again? The KNSG said they are targeting 1.3 trillion naira which is about 1 billion dollars and I say that is very low compared to their GDP while you say it is unattainable
Re: Kano State Unveils Historic ₦1.368 Trillion 2026 Budget by lawani(m): 9:56am On Nov 20, 2025
Kano can do revenue that is half of their GDP if they want

Re: Kano State Unveils Historic ₦1.368 Trillion 2026 Budget by ObiPandora: 12:02pm On Nov 20, 2025
Same way Abia n Enugu budget as amounted ro nothing but wailing for your people.


Breaker001:
At the end, it will amount to NOTHING 😎
Re: Kano State Unveils Historic ₦1.368 Trillion 2026 Budget by Oisagbai78: 12:51pm On Nov 20, 2025
Ebubu6:
what is your agency if I may ask ?
Lagos State Internal revenue Service.
Re: Kano State Unveils Historic ₦1.368 Trillion 2026 Budget by fineboynl(m): 3:05pm On Nov 20, 2025
lawani:
Which one is 75 billion annual income again? The KNSG said they are targeting 1.3 trillion naira which is about 1 billion dollars and I say that is very low compared to their GDP while you say it is unattainable
kano only generate 75billion naira igr annually. Their annual budget for years have execceded that due to the Nigeria federal government handout and allocation to states. Lagos, rivers and other state is what is hand feeding kano and other northern states. Kano making annual behest of over 1 trillion is that am saying how will they cover that expenses? Even states like rivers and Lagos cannot make that type of annual budgets
Re: Kano State Unveils Historic ₦1.368 Trillion 2026 Budget by lawani(m): 6:56pm On Nov 20, 2025
fineboynl:
kano only generate 75billion naira igr annually. Their annual budget for years have execceded that due to the Nigeria federal government handout and allocation to states. Lagos, rivers and other state is what is hand feeding kano and other northern states. Kano making annual behest of over 1 trillion is that am saying how will they cover that expenses? Even states like rivers and Lagos cannot make that type of annual budgets
What I mean is that the GDP of the land is what determines your possible revenue as a government. Kano GDP is over twenty billion dollars. If they want, they can get 10 billion dollars revenue and that is like 15 trillion naira. 1.3 trillion naira is not high at all.
Lagos igr and allocation is more than that figure.

If you collect faithfully PAYE, land use, produce tax, signage and etc you will be approaching 50 percent of the GDP
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