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.

Sun Qing Rong     Overland     Bureau Of Lands     Olateju Lukman     Babatunde Idiagbon     Sidikat Akaje     Ilesha-Baruba     United Nigeria Congress Party     CT Ayeni     Bank Of Industry     Na\'Allah     Issa Baba     Kola Ologbondiyan     John Mayokun Dada     Saka Asiat Ayinke     Majlis For Sadakah, Zakat And Waqf     Otunba Taiwo Joseph     Oba Abdulkadir La\'aro     Ado Ibrahim     Joshua Adeyemi Adimula     Ileloke     Congress For National Consensus     Hamidat Sulyman-Yusuf     Olabode Towoju     Joseph Alex Offorjama     Isiaka Danmeromu     All Confederation Of Principals Of Secondary Schools     Nigerian Supreme Council For Islamic Affairs     Abdulsalam Firdaous Amosa     Mashood Abdulrafiu Agboola     Kayode Yusuf     Osuwa     COEASU     Mazars Consulting     Iyeru Grammar School     Olofa Of Offa     Tunde Kazeem     Post-utme     Inside Kwara     Shettima     Kwara State Television (KWTV)     Chief Imam Of Ilorin     Mufti Of Ilorin     Oniye     Alfa Modibo Belgore     Maryam A. Garuba     Sanusi Abubakar     LEAH Charity Foundation     Federal Polytechnic Offa     Harmony Holdings     Sobi     Abdulhakeem Amao     Dogara     Lawyers Unite Against Corruption     Lanre Aremu     Yusuf Aiyedun     Sidikat Uthman Ajibola     Iponrin     Oro Grammar School     Centre For Peace And Strategic Studies     Binta Abubakar-Mora     Muhammad Yahya     Mohammed Danjuma     IYA ALFA NLA     Oba David Oyerinola Adedunmoye     Ayinde Oki     Obasanjo     Otoge     Rotimi Samuel Olujide     Mohammed Halidu     Volunteers Of Ilorin Community And The Emirate     Ope Saraki     Elerinjare-Ibobo     High Court     Ogidi-Oloje     GANZY     Bola Ahmed Tinubu    

Cloud Tag: What's trending

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

Adam Abdullahi Al-Ilory     Sheikh Ridhwanullah     Rafiu Ajakaye     Adeleke Ogungbe     Awili Pedro     TESCOM 2025     Sidikat Akaje     Habeeb Abdullahi Al-Ilory     Yusuf Babatunde Abdulwahab     Ibrahim Taiwo Road     Olatomiwa Williams     Yahaya Abdulkareem     Kayode Bankole     Yusuf Arowosaye     Afin Descendants Union Of Odo-Owa     Titus Ashaolu     Igbomina     Raymond Olaitan     Bola Ahmed Tinubu     Ali Ahmad     Hussein Olokooba     Abdulwaheed Musa     Umar Bayo Abdulwahab     Abdulrazaq Adebayo     Okanlawon Musa     Maimunat Oloriegbe     Okin Biscuits     Oyelere Oyinloye     Quareeb     Ahmad Olayiwola Kamaldeen     Ella Supreme Tissue Paper     Bayo Onimago     Sabitiyu Grillo     MalHub     Taofik Abdulkareem     Goodluck Jonathan     Ibrahim Abdullahi     Air Peace     Owo Isowo     Idris Amosa Oladipo Saidu     NULGE     Anilelerin     Ajibola Saliu Ajia     Kwara South     HICA     Christopher Tunji Ayeni     Emir Of Kano     Kazeem Oladepo     Olatunde Oyeyiola     Tafidan Kaiama     Abdulganiyu Salahudeen     Egbewole     Onilorin Of Ilorin     Awodun     Senate President     Ebun-Olu Adegboruwa     Isiaka Rafiu Mope     Summit University     Ilorin.Info     Wahab Isa     Metro Park     Ilorin East     Basic Education Certificate Examination     Jide Oyinloye     Vishvas KOZ Tractors     Omotosho     Eleja Taiwo Banu     Bashiru Makama     Baboko Primary School     Shuaibu Yaman Abdullahi     Adijat Adebiyi     Jawondo     Alabe     Kamoru Kadiri     Oko Erin     Sa\'ad Alanamu     Lawal Arinola Kudirat