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.

Moremi High School     Akande Idowu Ayoola Muhammed     Royal FM     Michael Nzwekwe     Joseph Offorjama     Split Diamond Interchange     New Model Police Station     Joana Nnazua Kolo     Abdullahi Imam Abdullahi     Amos Bajeh     Ibrahim Mohammed     Mope Dasuki Belgore     Emmanuel Bello     Isiaka Rafiu Mope     Age AbdulKareem     Rafiu Ibrahim     Afeyin-Olukuta     Yusuf Olaolu Ali     Bolakale Ayo     Adolescent Girls Initiative For Learning And Empowerment     Isiaka Abdulrazak     Wakilin Mata Lafiagi     The Herald     Tunde Yusuf     Abubakar Ndakene     Ayoade Akinnibosun     Logun     Issa Manzuma     Mary Kemi Adeosun     Chief Imam Of Omu-Aran     Bolakale Saka     Shaaba Lafiagi     Busari Toyin Isiaka     Hydroelectric Power Producing Areas Development Commission     Babatunde Idiagbon     Kawu Baraje     Razaq Atunwa     Niyi Ogundiran     Olaosebikan     Imam Gambari     Modupe Oluwole     Sobi     Mohammed Saidu     Kwara Volleyball Association     Muideen Olaniyi Alalade     Aliyu Salihu     Patience Jonathan     Aishat Mohammed Lawal     Funmilayo Braithwaite     Bolakale Kawu Agaka     Kabir Shagaya     Oasis Muslim Care Foundation     AbdulFatai Adeniyi Dan-Kazeem     Ibraheem Adeola Katibi     CT Ayeni     Bolakale Kawu     Barakat Community Secondary School     Hamid Bobboyi     Ishaq Oloyede     Sidikat Akaje     Tanke     Ajayi Okasanmi     Theophilus Oyebiyi     IESA     Mohammed Abduraheem     V.O. Abioye     T And K FOODS     Dorcas Afeniforo     CCB     C2c@kwarastate.gov.ng     Radio SBS     Taofik Abdulkareem     Adaramaja     UNIFEMGA     Balogun Gambari     Okasanmi Ajayi     Wale Oladepo    

Cloud Tag: What's trending

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

Salihu S. Yaru     Yahaya A Paniyaro     Ilorin Likeminds Foundation     Usman Yunusa     Universal Basic Education Commission     Jimoh Bashir     Olomu     Isa Aremu     QuickWin     IEDPU     Aremu Odolaye     Yusuf Ali     Erin-ile     Idris Garuba     Aisha Gobir     National Party Of Nigeria     Muhammed Aliyu     Al-Adaby     Maigidasanma     Assayomo     Sabo-Oke     Halimah Perogi     Baba-Isale     Titus Suberu-Ajibola     Muhammad Akande Olarewaju Odunade     Rex Olawoye     Abdulrasheed Lafia     Olatunji Ibrahim     Kishira     JAMB     Maimunat Oloriegbe     Offa Descendants Union     Sulaiman Gado     CLAY POT     Peter Amogbonjaye     Abdul-Rahoof Bello     Okedare     Federal Neuro-Psychiatric Hospital     Chief Imam Of Omu-Aran     Budo Egba     Abubakar Baba     Aishatu Ahmed Gobir     Osi     Babaloja-General     Oladipo Akanmu Tolani     Kehinde Baale     Lanre Aremu     General Tunde Idiagbon International Airport Ilorin     Basit Olatunji     Haliru Dantoro     IPSAS     Ilorin Central Mosque     Agboola Abdulraheem     Oba Abdulkadir La\'aro     Alore     Kwara State Council Of Chiefs     Olaitan Adefila     Awili Pedro     Erubu Oba Zubair     Saliu Mustapha     Eleyele     Muslimah Entrepreneurship Forum     Umar Yakubu Jaja     Federal Allocation     Saidu Isa     Afin Descendants Union Of Odo-Owa     11th Galadima     NURTW     Onilu     Maryam Ado Bayero     Tayo Alao     Awoye     Benin Republic     Federal Road Maintenance Agency     Sa\'adatu Modibbo-Kawu     Islamiya Abdulraheem     NIPOGA