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.

Ayobami Akanbi     Baba Idris     Yomi Adeboye     Ojuekun     Belgore     Maimunat Oniyangi     NNPP     Olateju Lukman     Wahab Isa     Mohammed Abduraheem     Binta Abubakar Mora     Yusuf Badmus     Yakubu Mohammed Abdullahi     Fatai Garuba Labaka     Hamidat Sulyman-Yusuf     IESA     Muyideen Ajani Bello     Ibrahim Abdulqadir Abikan     Ile Arugbo     Siddiq Adebayo Idowu Salawu     Moremi High School     Abdulrahman Abdullahi Kayode     All Confederation Of Principals Of Secondary Schools     Share     Khadijat Ayoola Yusuf     Soffiyyallah Kamaldeen     Ahmed Alhasssan     Moses Adekanye     Femi Oladiji     Alfa Modibo Belgore     National Broadcasting Commission     Bello Bature     Ahmed Bayero     Tunji Ajanaku     Ajibola Ademola Julius     Kayode Alabi     Chief Imam Of Omu-Aran     Olomu     Kwara Consultative Forum     Mutawalle     Pategi     Saliu Mustapha     Okanlawon Taiwo     Sa\'ad Alanamu     Radio SBS     Umar Ahmed Gunu     Sanitation Exercise     Galadiman Ngeri     Bamikole Omishore     NIPR     Aishat Sulu-Gambari     Presidential Election     Atunwa     Oloruntoyosi Thomas     Adamu Attah     Post Utme     Abdulhakeem Adelaja Amao     GRA     Fatimat Saliu     Agbarigidoma     Col. Adedipe     Mamatu Abdullahi     Kunbi Titiloye     Umar Danladi Shero     Madawaki Of Ilorin     Road Transport Employers Association Of Nigeria     Royal FM     Bibire Ajape     Raheem Adaramaja     Rotimi Oyedepo     Tafida Of Ilorin     Hikmah AbdulKareem     Colleges Of Education Academic Staff Union     Metro Park     Quareeb     Kwara United     Lanwa    

Cloud Tag: What's trending

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

Adolescent Girls Initiative For Learning And Empowerment     Asa LGEA School     Amule     Shade Omoniyi     Olupako Of Share     Monsurat Omotosho     Ibrahim Akaje     Kwara Teaching Service Commission     Kudirat Arinola Lawal     Rihanat Ajia     Amusement Park     Olawuyi     Afolabi-Oshatimehin     Simeon Sule Ajibola     Habeeb Saidu     Islamic Development Bank     The Herald     Ilorin Muslim Community     Muyiwa Oladipo Kanu     Ramadhan     Metro Park     Orire     Oba Sulaiman Asude     Yeketi     Kwara Primary Health Care Development Agency     Sola Saraki Educational Foundation     Erubu     Haruna Olawale Sulaiman     April 11     John Mayokun Dada     Chikanda     Aro Yahaya     Offa Grammer School     NFAI     Suleiman Mora Omar     Ajibola Saliu Ajia     Christopher Odetunde     Ndakene     Sulyman Abdulkareem     Odo-Owa     Umar Yakubu Jaja     Tafida Of Kaiama     Baba Idris     Adeleke Ogungbe     Charcoal     SAPZ Project     Idris Garba     Jumoke Gafar     Atiku     Dankaka     Memunat Monsuma     Abdulraheem Olesin     Amusa Bello     Neuropsychiatric Hospital     Olaosebikan     Lukman Adeloyin     Femi Ogunsola     Olayinka Jelili Yusuf     Inside Kwara     Ahmed \'Lateef     Sebastine Obasi     Ishaq Salman     Olatomiwa Williams     Mohammed Haruna     Isiaka Saka Opobiyi     Kwara Poly     Yemi Osinbajo     Edret Sabi Abel     Edu     Gobir     Yakubu Gobir     Abdulmumin Yinka Ajia     Rafiu Ibrahim     Marufat Oladosu     Mohammed Ibrahim     Patience Jonathan     NIPR