The Katsina Coronavirus Action Recovery and Economic Stimulus, KT-CARRS has earned over N25billion reward for its brilliant performance in the last one year.
The Katsina State Commissioner of Budget and Economic Planning, Alhaji Bello Kagara revealed this while briefing newsmen shortly after the state Executive Council meeting on Wednesday.
Hon Kagara said Governor Dikko Umar has been supporting the KT-CARES Programme with financial support and guidance.
According to him, “today the State Executive Council has received report of the implementation of the KT-CARES over the last one year and the council noted the wonderful performance of the project by earning the sum of N25.757 billion to the state covers out of which 60 per cent of that amount has been released into the NG-CARES account totaling N15,455,420 billion.”
He further said the council has also approved the disbursement or distribution of these monies as follows: the sum of N3.955 billion should be recycled for the implementation of the fourth cycle of the NG-CARES or KT-CARES Programme across the state, under the three platforms of the KT-CARES Programme: KASEDA, CSDA and FADAMA programme.
He explained that in the distribution, KASEDA will receive the sum of N400 million to implement programmes under IT a d business empowerment across the 34 Local Government Areas of the state.
He added that the FADAMA programme will receive N1.900 billion to implement programmes under procurements of agricultural inputs and assets; while the CSDA will receive the sum of N1.250 billion to implement community effort programmes in the areas of renovation and construction of schools, primary healthcare centres, provision of nutrition activities, drainages, youth empowerment, support for poor and vulnerable citizens in the state.
Hon Kagara further said: “a loan was given to the State out of the money given to NG-CARES, N1.5billion will be used for the loan repayment, while N10billion will be utilized by the State Government to support other programmes across the state. All these have been approved by the Council today.”