Kwara gets $5m for COVID-19 responsive budget

Date: 2020-11-17

Kwara State on Monday received $5m (N1.9bn) from the Federal Government for fulfilling the State Transparency, Accountability and Sustainability (SFTAS)'s new disbursement-linked indicator related to budget reviews that prioritise COVID-19 economic recovery.

The state won the SFTAS grant for also publishing an approved amended 2020 COVID-19 responsive budget by July 31, 2020, thereby meeting verification protocols for the programme, according to a statement by the Commissioner for Finance and Planning Olasumbo Florence Oyeyemi.

"The four requirements in the amended budgets are revision of gross statutory allocation projections, compared to the original budget; reduction in non-priority overheads and capital expenditures, compared to the original budget; allocation of expenditures to COVID-19 response programmes for relief, restructuring and recovery (with total COVID-19 response expenditures representing at least 10% of the total amended budget expenditures); and identification of the financing sources to fully finance the budget deficit without accumulation of new domestic expenditure arrears," the statement said.

The fund is meant to support budget implementation.

Kwara State had earlier this year received $5m for meeting verification protocols for SFTAS programme for results for year 2018.

Assessment for the 2019 SIFTAS compliance is ongoing, with Kwara tipped to perform better in the next round of disbursement.

Olasumbo Florence Oyeyemi

Hon. Commissioner for Finance and Planning

November 15, 2020

 

Cloud Tag: What's trending

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

Oyelere Oyinloye     Offa     SARS     Bolaji Aladie     Sheikh Hamzat Yusuf Ariyibi     Press Release     Mohammed Yahaya Barki     Tunde Oyawoye     Temi Kolawole     John Obuh     SWAN     Yahaya Dumoye     Makama Of Ilorin     Ibrahim Abiodun     Olabode George Towoju     Afonja Descendants Union     Tunji Moronfoye     General Hospital, Ilorin     Salihu Jibril Garbi     Ado Bayero     Saidu Yaro Musa     Bola Magaji     Atiku Abubakar     Yetunde Balogun     Amina Susa\'a De Ahmed     Oya State     Www.Kwarareports.com     Abiodun Musa Aibinu     AbdulRasaq Abdulmajeed Alaro     Unicontinental Construction Company     Guber Aspirant     Galadima     Abdulahi Abubakar Bata     Halimat Yusuf     Alikinla     Abubakar Baba     BECE     Monthly Sanitation Exercise     Akanji     Shehu Alimi Foundation     Col. Ibrahim Taiwo     JMK Construction Company Limited     Dan Iya     Jare Olatundun     Alfa Modibbo Belgore     Marafan Shonga     Bond     Abdulraufu Mustapha     Ndakene     Musibau Akanji     MMWG     Goodluck Jonathan     Ahmad Olanrewaju Belgore     Ohoro Of Shao     Kayode Issa     Sulyman Tejidini     Iyabo Adewuyi     ENetSuD     Balogin Alanamu     Oluwarotimi Boluwatife Adenike     Kale Bayero     11th Galadima     Olaitan Adefila     Bello Abubakar     GRA     Shaaba Lafiagi     Afolabi-Oshatimehin Adenike Harriet     Sheikh Ridhwanullah El-ilory     Adolescent Girls Initiative For Learning And Empowerment     Naira Redesign     Dar-Al-Handasah Consultants     Mahfouz Adedimeji     Amuda Bembe     Lawal Olohungbebe     Hassan Oyeleke     Oju Ekun Sarumi     Funmilayo Mohammed    

Cloud Tag: What's trending

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

Abdullahi G. Mohammad     Turaki Of Ilorin     Muritala Awodun     Tunji Folami     Abraysports FC     Gwanara     Ahmed Alhasssan     Ibrahim Labaika     College Of Arabic And Islamic Legal Studies     Baba Adini Of Kwara State     Abraham Ojo     Abdulrasheed Na\'Allah     Ayodele Shittu     Yusuf Ali     Kwara TV     JAAC     Ayinde Oyepitan     Yusuf Abdulwahab     Mohammed Halidu     Sebastine Obasi     NIPOGA     Alapado     State Bureau Of Internal Revenue     Manzuma     Summit University     Abdulfatai Ahmed     Valsolar-Kwara Company Limited     John Obuh     Edret Sabi Abel     Maigidasanma     Mohammed Saidu     Abdullahi Biffo     Abdulazeez Arowona     Yashikira     Orisun Igbomina     Amoyo     Lanre Olosunde     Suraj Tunji Oyewale     Owo Arugbo     Saeedat Aliyu     Kwara State Polytechnic     Abdulmumin Yinka Ajia     Afetu Of Alabe     Mufti Of Ilorin     Vasolar-Kwara Company Ltd     BIR     Abdulganiyu Salahudeen     Hamza Usman     Aishatu Ahmed Gobir     Mogaji Aare     Bankole Omisore     Abdulrasheed Lafia     Kuliyan Geri     Issa Memunat Moyosore     FERMA     Babatunde Ishola Babaita     Makama Of Kaiama     Abdul-Rahoof Bello     Isau     Ayodele Olaosebikan     Abdulwahab Olarewaju Issa     Twitter     Adebayo Salami     Folashade Omoniyi     Ilorin East     Shehu Adaramaja     Aremu Bose Deborah     Odolaye Aremu     Taiwo Joseph     Mujtabah Bature     Gaa Olobi     Hassanat Bello     Coalition Of Kwara North Groups     Issa Oloruntogun     Salary     Akanji     Agboola Abdulraheem