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Kano State Reduces 2026 Budget by N276 Billion Due to Revenue Shortfall

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Kano State Reduces 2026 Budget by N276 Billion Due to Revenue Shortfall

The Kano State House of Assembly approved a reduction of approximately N276 billion in the state’s 2026 budget, decreasing it from over N1.47 trillion to N1.21 trillion. This decision, reported on October 19, 2026, was made due to a significant shortfall in revenue allocations from the Federation Account Allocation Committee (FAAC).

Abdulhamid Abdul-Minjibir, Chairman of the House Committee on Appropriation, attributed the budget cut to lower-than-expected FAAC inflows and federal tax reforms affecting revenue assumptions. The original budget projected N909.94 billion from FAAC, accounting for about 62% of the total spending plan.

However, FAAC disbursement data indicated that Kano received only N152.57 billion in the first half of 2026, representing approximately 16.77% of the annual projection. The revised budget reduces capital spending to N820 billion, which may affect several major development projects.

The government has not specified which projects will be impacted by these cuts.

Plus234Feed summary based on reporting from Nairametrics. Read the original report below.

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