Kudan LG Chairman, Dauda Hunkuyi Declares N98million Balance For October
The interim Chiarman of Kudan Local Government Area in Kaduna State, Dauda Iliya Hunkuyi has declared the sum of N98,192,660.69 being balance on the account of the local government as at Friday 30th October 2015.
The balance represents 84% of the sum of N117,339,568.18 which he received as grant paid to the local government for the month of July, August and September 2015.
Giving a breakdown of the expenditure of the local government, Hunkuyi said he proposed N93,871,654.5 from the amount received to go into capital projects, while another sum of N23,467914 was earmarked for recurrent expenditure.
“I proposed d sum of N93,871,654.5 Representing 80% of the total amount received, for Capital Projects while, N23,467914 Representing 20% of the total amount received was earmarked for Recurrent Expenditure such as overhead, outstanding balance of district administration & council members salaries. Etc.” Hunkuyi said.
He added that the council is awaiting the approval of the reviewed 2015 budget to enable it kickstart development project across the council.
But while waiting for the approval of the revised budget, Hunkiyi said he thought it necessary to give account of what is left in the books of the council from which he declared a balance of N98,192,660.69 having expended part of the N98,192,660.69 on recurrent expenditure.
“I therefore, make a public declaration of the sum of N98,192,660.69 Representing about 84% of the total amount as being the balance of statement of our acct as at Friday 30 Oct 2015,” he said.