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Kaduna Unveils Five-Year Financial Strategy for Sustainable Development

The announcement was made during a strategy meeting in Kaduna

Promise Eze by Promise Eze
October 29, 2024
in Local News
Reading Time: 1 min read
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Sani Uba
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  • The Commissioner for Finance, Shizzer Bada, highlighted the administration’s focus on four pillars—Goals, People, Product, and Tactics

The Kaduna State Government has introduced a five-year financial strategy aimed at sustaining development and enhancing fiscal responsibility.

The announcement was made during a strategy meeting in Kaduna, organised by the Ministry of Finance in collaboration with Deloitte, under the theme “Soaring to Higher Heights with the SUSTAIN Agenda.”

The event, which brought together key stakeholders, allowed Governor Uba Sani’s administration to present its roadmap for financial reforms designed to drive economic growth, improve public services, and ensure transparency.

The Commissioner for Finance, Shizzer Bada, highlighted the administration’s focus on four pillars—Goals, People, Product, and Tactics—which underpin its commitment to financial sustainability.

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Bada noted that Kaduna has seen a 1000% improvement in Internally Generated Revenue, and was recently ranked second on the Institute of Chartered Accountants of Nigeria’s Accountability and Transparency Index.

The state has also improved its international credit rating to B with a positive outlook, enhancing its investment appeal. Other initiatives include consistent payment of civil servants’ salaries, a Revolving Loan Scheme, and significant contributions to pension schemes. Additionally, the government has cut the salaries of political appointees by 50% and reduced overhead costs to streamline public spending.

Governor Sani’s administration has also prioritised security, purchasing over 100 security vehicles to combat crime and create a safer environment for businesses and residents.

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