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.

Modibbo Kawu     Col. Ibrahim Taiwo     Ibrahim Abdulkadir Abikan     Alfa Modibo Belgore     Bayo Mohammed Onimode     Iponrin     Moshood Kashimawo Abiola     Marafan Shonga     Isiaka AbdulRazaq     Oba Abdulrahim     Osi     Oko-Erin     Saad Belgore     Bamidele Aluko     Mustapha Olanipekun     New Naira Notes     Olabanji Orilonishe     Alaro     Aiyedun     Umar Saro     Ilorin Metro Park     Mohammed Khadijat Kubura     Bolaji Aladie     Guber Aspirant     CELF     Markaz Arabic And Islamic Training Institute, Agege     Volunteers Of Ilorin Community And The Emirate     Oro Grammar School Old Students Association     Park     General Tunde Idiagbon International Airport Ilorin     Hassanat Bello     Kwara State Coalition Of Business And Professional Associations     Abdulrahman Abdulrazaq     Mope Dasuki Belgore     Wahab Kunle Shittu     Ibrahim Taiwo Road     Musbau A. Akanji     School Of Nursing     Kwara Poly     Orire     IYA ALFA NLA     Ike Ekweremadu     Overland     Akume     Kwha.gov.ng     Shuaibu Yaman Abdullahi     Jimba Babatunde     Kubra Kazum     Samari     Vasolar     Nigerian Supreme Council For Islamic Affairs     Saliu Tunde Bello     Dan Masanin     Joseph Bamigboye     Abdulrazaq Sanni     Photo News     Oya State     Dogara     Kisra     Mohammed Yahaya Barki     Soffiyyallah Kamaldeen     Oke-opin     Muslimah Entrepreneurship Forum     Niguel Gallando Marcias     Hussein Oloyede     Haashim Initiative For Community Advancement     Agboola Abdulraheem     Oja-Oba     Alfa Modibbo Belgore     Gurei     Kassim Babamale     Okin Group     Akorede     Gafaru Olayiwola Olorisade     Kale Bayero     Ibrahim Kayode Adeyemi     Saeedat Aliyu    

Cloud Tag: What's trending

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

Principal Private Secretary     KWTV     Olushola Saraki     Riskat Opakunle     Jimoh Olusola Imam     Erubu Oba Zubair     Isaac Gbenle     Adedeji Onimago     Idris Garba     Shuaib Olarongbe     Oniye     Centre For Community Empowerment And Poverty Eradication     Joana Nnazua Kolo     Kale Ayo     Olawuyi     Ishaq Oloyede     Moji Makanjuola     Abdulsalam A. Yusuf     Salihu S. Yaru     Kunle Akogun     Saraki     Abdulahi Abubakar Bata     Idowu Aremu     Afolasade Opeyemi Kemi     Gbajabiamila     Hijab     Kwara TV     Ajikobi     John Olobayo     Ibrahim Taiwo     Kwarareports.com     College Of Arabic And Islamic Legal Studies     Mujtabah Bature     Aso-ofi     Onilorin Of Ilorin     ITEM 7     Donatus Ejidike     Tanke Flyover Bridge     Kwara Metro Park     Olumide Daniel Ibitoye     Onilupeju Of Ilupeju     JAAC     Babatunde Ajeigbe     BIR     Kunbi Titiloye     Jebba     Association Of Kwara State Online Media Practitioners     Femi Agbaje     Okin High School     Ahmed Shuaib Buranga     Babajide Ajayi     Lanre Jimoh     Yomi Ogunsola     Haleeman Salman     Shehu Salau     Issa Oloruntogun     Doyin Agbamu     Ibikunle Ogunleye     Assayomo     Abubakar Usman Jos     Muhammadu Gobir     Police Commissioner     Bayo Onimago     Taofeek Ibraheem     Asiwaju Bola Tinubu     Isiaka Yusuf     Oloje     Olatunji Bamgbola     Radio Kwara     Saad Belgore     Odogun Olushola Gabriel     Azeez Bello     Goodluck Jonathan     Taofeek Sanusi     Mopelola Abdulmaliq-Bashir     Logun     Mansur Alfanla