N135,1bn supplemetary budget passes second reading at Kwara Assembly

Date: 2019-09-07

The Kwara 2019 Revised Supplementary budget Estimate of N135,159,772,167 has passed second reading at the Kwara House of Assembly.

The News Agency of Nigeria (NAN) reports that the new budget estimate is representing 15 per cent decrease when compared with the budget of the immediate past administration

The supplementary budget was against N157,802,032,651 earlier approved by the 8th Legislature as 2019 budget of the state in Dec. 2018.

The Supplementary Budget was sent to the House for consideration and passage by Gov. AbdulRahman AbdulRasaq on July 27.

The motion for the second reading of the bill was moved by the Kwara Assembly House Leader, Olawoyin Abubakar-Magaji, which enjoyed the support of all members at the plenary.

Leading debate on the bill, the House Leader called for the accelerated passage of the bill, to enable the state government to embark on meaningful activities that would further improve the well-being of the residents of the state.

Other members, who contributed lauded the foresight of the state governor and called for proper monitoring of the capital expenditure, so that the budget can achieve the intended purpose.

The Clerk of the House, Hajiya Halimah Perogi later read the budget for the second time

The Speaker of the Kwara Assembly, Danladi Yakubu-Salihu, directed the Finance and Appropriation Committee of the House, to work on the budget for further legislative action.

According to the Supplementary budget, the Revised Recurrent Revenue, is now N97,221,983,006 as against N121,846,573,912 earlier approved, representing 21 per cent decrease.

Revised Capital Estimate is also now N62,810,026,813 against N79,594,046,011, representing 21 per cent reduction.

The Recurrent Expenditure is now N72,349,746,354,with N24,872,236,652 as transfer to Capital Development Fund, against N78,207,986,550 with N43,638,537,912 as transfer Capital Development Fund earlier approved, representing 8% decrease

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Sadiq Umar     Afonja     Communication Network Support Services     Abdullahi Biffo     Gobirawa     Harrison Osauwagboe     Gbugbu International Market     Mumini Ishola Hanafi     Kwara State Government     Aishatu Ahmed Gobir     Musibau Akanji     Ayobami Seriki     Umar Saro     Zara Umar     Oke-Ero     Isiaka Abdulrazak     Iyabo Dupe Adekeye     Hassan Saliu     Babatunde Idiagbon     Bello Oyebanji     Sheikh Ridhwanullah     Col. Adedipe     Abdulrazaq Solihudeen     Muslim Media Watch Group Of Nigeria     Binta Sulyman     Sheriff Shagaya     Habeeb Abdullahi Al-Ilory     KWASSIP     Bamikole Omishore     Senate     Isin     Sulu Babaita Isiaka     Salihu S. Yaru     Ibrahim Abdulqadir Abikan     Simon Sayomi     Olupako     Muideen Olaniyi Alalade     Mohammed Lawal     Irepodun     Aminat Ahmed     Sunset Workers     AGF Abdulrazaq     NTA Ilorin     Okiki     Bello Abubakar     College Of Education     Share-Tsaragi     Ibraheem Adeola Katibi     Mansur Alfanla     Aliyu Kora-Sabi     Ghali Alaaya     Raji AbdulRasaq     Voices Of Tomorrow     Fatimoh Lawal     Emir Of Kano     Arinola Fatimoh Lawal     Joshua Adeyemi Adimula     Babatunde Ajeigbe     Road Transport Employers Association Of Nigeria     Government Girls’ Day Secondary School Pakata     Yusuf AbdulRasheed     Jide Ashonibare     Press Release     Mustapha AbdulGaniyu     Orire     Pakata Development Association     Olaitan Adefila     Ramat Oganija     Pakata     Aliyu Salihu     Al-Hikmah Radio     Abikan     Dar-Al-Handasah Consultants     Sheikh Ariyibi     CBT     M.Y. Abdulrahaman     Saudat Abdulbaqi    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Mopelola Abdulmaliq-Bashir     Offorjama     Oko-Erin     Umaru Saro     Hassan Abdulazeez Elewu     Arca Santa     Ibrahim Abikan     Abdulmumini Jawondo     Jimba Babatunde     Ilorin South     FERMA     Jamila Bio Ibrahim     Abatemi Usman     Yusuf Badmus     Yeketi     Onilorin Of Ilorin     Ahmad Ali     Oke-Kura     Pakata     Lukman Adeloyin     Na\'Allah     Saad Omo\'ya     Yusuf Abubakar     Suleiman Idris     Sulu Gambari     Abdulrahman Abdulrazaq     Twitter     Ministry Of Women Affairs And Social Development     Rashidi Yekini     Oke-Ero     Neo Mundo Ltd     Sodiya     Ibrahim Kayode Adeyemi     Oyeyemi Olasumbo Florence     Baba Isale     Ileloke     Abdulganiyu Salahudeen     Split Diamond Interchange     Muideen Olaniyi Alalade     Abubakar Baba     Gafaru Olayiwola Olorisade     Wahab Femi Agbaje     Just Law Forum     Esinniobiwa Quareeb     Gbenga Olawepo     Tsaragi/Share     Gbugbu International Market     Reuben Paraje     Kwara     Abdulrahman Abdulrasak     Taofeek Ibraheem     Mohammed Haruna     JSSCE     IQRA College     Ado Bayero     Farouk Salim     Olatunji Ayeni     Harmony Holdings     Mohammed Lawal Bagega     Manzuma     Mohammed Khadijat Kubura     Aliyu Alhassan     Offa Poly     Arinola Fatimoh Lawal     Zubair Folorunsho Erubu     Modupe Oluwole     Abdullahi G. Mohammad     Abdulraheem Yusuf     Okala Baba     Ilorin West/Asa Federal Constituency     Christopher Tunji Ayeni     Aisha Gobir     Kwara 2015     Bolaji Aladie     Omotosho     Ilorin Descendants Progressive Union     Yahaya Seriki