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.

Ilorin Amusement Park     Ilorin Durbar     Lawan     Kwara State Fire Service     Timothy Olatunde Fadipe     Ajibike Katibi     Saliu Alamoyo     Turaki     Idowu Laro     Isapa     KFA     General Hospital, Offa     Offa Grammer School     Igosun     Yaman     IYA YUSUF     Ilorin Emirate Stakeholders Forum     Gbemi Saraki     Shonga Farm Project     Usman Yunusa     Salihu Alhaji Musa     Ijagbo     Abdulkarim Adisa     Michael Nzwekwe     Tayo Alao     Kwabes     BECE     Kwara Basketball Association     Adaramaja     Ope Saraki     Ilorin Metro Park     Durosinlohun Atiku     Lateef Alagbonsi     Oyedepo     Suleiman Mora Omar     LAK Jimoh     Ibrahim Abikan     Adama Isa     Abdulrauf Yusuf     Ohoro Of Shao     Saliu Ajia     Obayomi Azeez     Maja     Raliat Islamic Foundation     Saliu Oluwole     Yekini Adio     Afin Descendants Union Of Odo-Owa     Iyabo Adisa Ibiyeye     Abdulhakeem Adelaja Amao     Maigida     Kwara United     Yaru     JUSUN     Sa\'adu Gambari     Iyiola Oyedepo     Lola Ashiru     Orisa Bridge     Bola Shagaya     Simeon Ajibola     Haliru Dantoro     Okasanmi Ajayi     Ayobami Seriki     Olabanji Orilonishe     Zaratu Umar     Yekeen Alabi     CELF     Kwara State Printing And Publishing Corporation     Alore     Abdulmutalib Shittu     Bukola Ajikobi     Onilorin     Elerinjare-Ibobo     Oba Abu     Kwara State Internal Revenue Service     Bello Oyebanji     Eleyele     Yahaya Jibril Usman    

Cloud Tag: What's trending

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

Abdulsalam A. Yusuf     Oba Sulaiman Asude     Ayobami Seriki     Olam Food Ingredients     Olomu Of Omu-Aran     Azeez Salawu     Baba Isale     Eleja Taiwo Banu     Lanre Issa Onilu     Tunde Yusuf     Musa Abdullahi     Kwara State Printing And Publishing Corporation     Mohammed Yahaya Barki     Salihu Ajia     Bibire Ajape     Olusola Saraki     KWAFFA     Olaiya Victor Mobolaji     April 11     Umar Sanda Yusuf     Hussein Olokooba     Joshua Adeyemi Adimula     Kwara State Sports Commission     Segun Ogunsola     Akeem Lawal     Idris Garuba     The Herald     2023 Elections     Centre For Peace And Strategic Studies     Bank Of Industry     Babaloja-General     Isaac Gbenle     Yakubu Dogara     Apaokagi     Abdulrauf Aliyu     Odolaye Aremu     Olabode George Towoju     KFA     Chikanda     Sanitation Exercise     Bankole Omisore     Fatai Adeniyi Garba     Fatai Garuba Labaka     Adebara     Oluwarotimi Boluwatife Adenike     Oro Grammar School     AbdulRazaq Jiddah     Olofa Of Offa     General Tunde Idiagbon International Airport Ilorin     Micheal Imoudu     Saliu Ajibola Ajia     Abdulganiyu Oladosu     Muyideen Ajani Bello     Tosin Saraki     Kayode Oyin Zubair     Kayode Ogunlowo     Abdullahi Adisa Akodudu     Sarakite     IYA YUSUF     ANCOPPS     Trader Moni     Olawuyi     Kehinde Baale     Lukman Adeloyin     Sun Qing Rong     Nigerian Supreme Council For Islamic Affairs     UNILORIN Alumni Association     Tanke Flyover Bridge     General Hospital     Kwara Apc     Ahmad Belgore     Moses Afolayan     Idiagbon     Okiki     Oni Adebayo     NIPR     Ilorin Water Reticulation