The Zamfara State Government in Nigeria has announced a total revenue of N358.9 billion for the year 2024, which represents 82% of the approved revenue estimate of N437 billion. According to the State Auditor-General, Abubakar Danmaliki, the major sources of revenue were statutory allocation, Value Added Tax (VAT), Internally Generated Revenue (IGR), and aids and grants.
The state’s revenue performance was attributed to a modest growth in VAT, federal allocations, and IGR. The Commissioner of Finance, Bello Auta, commended the present administration for strengthening internal revenue administration, blocking leakages, and improving taxpayer education and compliance. The administration’s efforts have led to a significant improvement in the state’s financial management, addressing issues such as non-retirement of advances and improper payment documentations.
The 2024 budget, tagged the “Budget of Consolidation and Continuity,” was passed on December 29, 2023, with a total budget of N437 billion. The aggregate revenue performance for the year was N358.9 billion, which is 18% below the budgeted amount. The capital expenditure had a 55% performance rate, while the recurrent expenditure for personnel was 16% below the budget.
The administrative sector accounted for the highest proportion of recurrent expenditure, representing 74%, while the economic sector accounted for the highest proportion of capital expenditure at 41%. The state’s top 10 value projects for the year are nearing completion, according to the Commissioner of Finance.
The presentation of the state’s Citizens Accountability Report for 2024 was attended by Governor Dauda Lawal, who reiterated his administration’s commitment to transparency, accountability, and citizen participation in governance. The governor emphasized that governance is a collective responsibility and that citizens must be informed about the utilization of public funds.
The report provides a transparent summary of how the state’s resources are mobilized and spent to deliver services and infrastructure to residents. The Zamfara State Government has assured its residents that it will continue to provide regular updates on its financial commitments, performance, and utilization of public funds. This move is expected to promote transparency and accountability in the state’s financial management.
