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.

Leke Ogungbe     Dan Masanin     Durosinlohun Kawu     Kwara State Governor     Lanre Issa-Onilu     Yakub Ali-Agan     Salary     Amule     Funmi Salau     Bluenile Associates     Shehu Alimi Foundation For Peace And Development     Oke-opin     Asa LGEA School     Bello Abubakar     Amoyo     Unilorin FM     Mustapha Olanipekun     NURTW     Aliyu Kora Sabi     Shero     Trade Lenda SME Fair     Tricycle Owners Association Of Nigeria     Bisi Oyeleke     Okanlawon Musa     Mohammed Danjuma     Raliat Elelu-Habeeb     Akanbi-Oke     Binta Abubakar Mora     Musa Yeketi     Hakeem Lawal     Isa Aremu     Jimoh Saadudeen Muhammed     Oko     Kpotum Mohammed Baba     Abdulwaheed Musa     Mutawali Of Ilorin     Saheed Popoola     Dauda Adeniran Adeshola     Ado Bayero     PAACO-PCL Consortium     Tunde Kazeem     Sa\'adu Salau     Amule Elementary School     Elerinjare     Akeem Lawal     GGDSS Pakata     N-Power     A.E. Afolabi     Ahmad Belgore     Olatunde Michaels     Saka Keji     Omotoso     Muslim Stakeholders Of Kwara State     Ajeigbe     Afetu Of Alabe     Ishola Abdullahi     Quarry Royal Valley     Femi Agbaje     Ekiti     Temitope Ogunbanke     Saadu Gbogbo Iwe     LEAH Charity Foundation     Olabimpe Olani     Ahman Pategi University     Abdullahi AbdulMajeed     Raheem Adaramaja     Osinbajo     Kisra     Kwara State Television (KWTV)     Idris Garba     AbdulQowiy Olododo     Olohungbebe     Idowu Aremu     AbdulRauf Keji     Abraham Ojo     KWIRS     Ahmad Olanrewaju Belgore    

Cloud Tag: What's trending

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

Awili Pedro     Undergraduate Bursary     Saidu Isa     Makama Of Kaiama     Kupchi Hosea Maxwell     Suraj Tunji Oyewale     Alliance For Democracy     Al-Hikmah Radio     Dauda Adeniran Adeshola     Kwara State Health Insurance Agency     Muyiwa Oladipo Kanu     NITDA     New Nigeria People’s Party     Seun Bolaji     Ubandawaki     Abdulmalik Bashir Mopelola Risikatullahi     Lasiele Alabi Yahaya     Emmanuel Olatunji Adesoye     Kola Shittu     Lithium     QuickWin     Gbenga Olawepo     Paul Olawoore     Oba David Oyerinola Adedunmoye     Kwara 2015     Oluwatoyin Lukman     Adam Abdullahi Al-Ilory     Abdulrazaq Sanni     Kale Ayo     Alapansapa     Chartered Institute Of Personnel Management Of Nigeria     United Nigeria Airline     David Oyepinola Adedumoye     Afolabi-Oshatimehin     Kwara State Internal Revenue Service     Amuda Musbau     Toyosi Thomas     Akeem Olatunji     Sidikat Alaya     Isiaka AbdulRazaq     Dan Masanin     Razaq Ayobami Akanbi     Olosi Of Osi     General Hospital, Offa     Binta Abubakar Mora     Ayo Salami     Kwara Teaching Service Commission     UNILORIN Alumni Association     NYSC     Razak Atunwa     Offa     Yakubu Dogara     Bola Olukoju     Adesoye College     Balogin Alanamu     Odo-Owa     Muhammed Mahe Abdulkadir     Ahmed Dankaya     Olatunde Olukoya     Ahmad Olanrewaju Belgore     Chikanda     Mohammed Katsina Ahmed     Clara Nwachukwu     Nigerian Army     Maryam Ado Bayero     Azeez Bello     Doyin Agbamu     Onilupeju Of Ilupeju     Sulyman Abdulkareem     Donatus Ejidike     Owu Fall     NFAI     Societe Generale Bank Of Nigeria     Baakini     Chemiroy Nigeria Limited     Sadiq Buhari     AbdulGafar Tosho