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.

Yemi Osinbajo     Baba Issa Awoye     Lasiele Alabi Yahaya     Old Oyo     Moji Makanjuola     Metro Park     Sidikat Akaje     Maryam Ado Bayero     Prince Sunday Fagbemi     John Olobayo     Abdulraheem Olesin     Sherif Shagaya     IHS     Sam Okaula     Mahmud Ayinla Giwa     Earlyon Technologies     Abdulkareem Alabi     College Of Arabic And Islamic Legal Studies     Bayo Ojo     Yusuf Ali     Third Estate     Yahaya Seriki Gambari     Adeleke Ogungbe     Ilorin Anchor Men And Women     Oko     Oladimeji Thompson     Haliru Dantoro     Vasolar-Kwara Company Ltd     Salman Jawondo     Funmi Salau     Isiaka Gold     Rapheal Ashaolu     Igbaja     Kwarareports.com     National Information Technology Development Agency     Sa\'adu Salahu     Esinrogunjo     Revenue Court     National Party Of Nigeria     Yusuf Amuda Abubakar     Emir Of Lafiagi     Shehu Jimoh     Ilorin Water Reticulation     Benin Republic     Sidikat Alaya     Olokoba Abdullahi Ayinla     Suleiman Ajadi     HYPPADEC     Agbarere     Sunset Workers     Okeose Christian Cementary     Toyin Abdullahi     Yashikira     Valsolar-Kwara Company Limited     Moshood Bakare     Marufat Oladosu     Folaranmi Aro     Radio Kwara     Abdulrasaq Alaro     Ibrahim Agboola Gambari     George Funsho Adebayo     Yunus Lawal     Adanla-Irese     Emir Of Yashikira     Offa Descendants Union     Akume     KSIRS     Special Adviser On Digital Innovation     Lanre Olosunde     Aliyu Umar     CACOVID Palliatives     Egbewole     Ayobami Akanbi     Adamu Jemilat-Baki     Bashiru Makama     Ajidagba     Ajibola Saliu Ajia    

Cloud Tag: What's trending

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

Issa Manzuma     Oko     Sadiq Umar     Adegoke Bamidele     Sa\'adatu Modibbo-Kawu     International Vocational Centre     Yusuf Olaolu Ali     Ajidagba     NYSC     Abegunde Goke     Wahab Kunle Shittu     Oloje     Nurudeen Muhammed     Apado     Tunde Kazeem     State Bureau Of Internal Revenue     Amosa     Abatemi-Usman     Unilorin     Clement Yomi Adeboye     Face Masks     Yahaya Jibril Usman     Mutawali     Hikmah AbdulKareem     Lasiele Alabi Yahaya     Muyideen Ajani Bello     Coalition Of Kwara North Groups     AbdulRasaq Abdulmajeed Alaro     Olufolake Abdulrazaq     Bolakale Saka     Yusuf Amuda Gobir     Atiku     Sarafadeen Kayode Akorede     SGBN     Seni Saraki     Obuh     Ibrahim Mashood     Bisi Kristien     Government House     Saadu Alanamu     Share     Hamza Usman     Valsolar-Kwara Company Limited     Jimoh Saadudeen Muhammed     Isiaka AbdulRazaq     Bluenile Associates     Federal College Of Education (Special), Afon     MalHub     Mohammed Khadijat Kubura     Sarah Jubril     Gaa Olobi     Toyin Olayinka Tejidini     Afolabi-Oshatimehin     Gambari     Kassim Babamale     Sola Saraki Educational Foundation     Ishaq Oloyede     Ahman Pategi     Hassan A. Saliu     Dele Belgore     Michael Nzekwe     Harafat E. Mukadam     ASUU     Babatunde Ajeigbe     Ubandoma     Sabi     Mufti Of Ilorin     Maryam A. Garuba     Shehu Jimoh     Oniwa     Okasanmi Ajayi     Abdulrazaq Akorede     Buhari     Umaru Saro     Magaji Erubu     Abdulkareem Alabi     Ahmad Ali