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.

Ibrahim Gambari     Abdulrahman Abdullahi Kayode     Saliu Ajia     Folashade Omoniyi     Adeniyi Ojo     Yunus Oniboki     Obayomi Azeez     Abioye Bello     Goodluck Jonathan     SUBEB     Saheed Alakoso     Abdulrazaq Sanni     James Ayeni     Ibrahim Akaje     Idowu Aremu     High Court     Doyin Awoyale     Lai Mohammed     Jumoke Monsura Gafar     Kisira     Ilorin Emirate     Shola Odetundun     Orisun Igbomina     Code Of Conduct     Taofeeq Olateju     AbdulHakeem Ajibola Akanbi     Veterinary Teaching Hospital     Awodun     IPSAS     Smart School     Isiaka Oniwa     Ghali Alaaya     Ahmad Uthman     Taibat Ayinke Ahmed     Bamidele Adegoke     Tunde Mukaila Mustapha     Emmanuel Olatunji Adesoye     Rachael Obisesan     Christopher Ayeni     Ibrahim Labaika     Bola Olukoju     Ajike People Support Centre     Yunus Lawal     Joshua Adeyemi Adimula     Old Oyo     All Confederation Of Principals Of Secondary Schools     Esinniobiwa Quareeb     Yusuf Abdulkadir     Jalala     Ebola     Garba Idris Ajia     Kolade Solagberu     Oke-opin     Ijakadi     Hakeem Idris     NULGE     Towoju     SSUCOEN     Oba-Solagberu     Lawan     Kwara NIPR     John Obuh     Omotoso     Donatus Ejidike     A.O. Belgore     Abdulmumini Jawondo     Marafan Shonga     Aminat Ahmed     Facebook     Saliu Alamoyo     Babaloja-General     Government Girls’ Day Secondary School Pakata     Siraj Oyewale     Junior Secondary School Certificate Examinations     Sabitiyu Grillo     Oko-Olowo     Akeem Lawal    

Cloud Tag: What's trending

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

Garba Ayodele Wahab     Kwara State Printing And Publishing Corporation     Ganiyu Taofiq     Saidu Kawu     Zainab Abass     Afusat Nike Ibrahim     Dele Belgore     Col. Ibrahim Taiwo     Ilorin Descendants Progressive Union     Radio Kwara     Christopher Ayeni     BIR     Sheriff Shagaya     Haleeman Salman     Adijat Adebiyi     Saadu Yusuf     Okedare     Lasiele Alabi Yahaya     Logun     Dogara     Bola Ahmed Tinubu     Radio SBS     Oniwa     Bello Oyebanji     Shehu Adaramaja     Yahaya Abdulkareem Babaita     Omotoso Musa     Presidential Election     Revenue Court     Kamaldeen Gambari     Ramat Oganija     Alumni Association Of The Federal Polytechnic Offa     Baakini     Savannah Centre For Diplomacy, Democracy And Development     Amina Susa\'a De Ahmed     Quranic Recitation Competition     Bankole Omisore     All Peoples Party     Alimi Abdulrazaq     Isiaka Rafiu Mope     Alfa Belgore     Oyelere Oyinloye     SSA Youth Engagement     Dapo Teni Nig Enterprise     Rotimi Oyedepo     Gbadeyan Gbadura Yomi     Lucky Omoluwa     School Of Nursing     Federal Allocation     Saidu Yaro Musa     Sobi Hill     Sam Okaula     Olubukola Kifayat Adedeji     Abdulazeez Uthman     Gani Saadu     Aro Yahaya     Special Agro-Industrial Hub     Al-Ilory     Abubakar Abdullahi Bata     Oro Grammar School Old Students Association     Gbemisola Oguntimehin     Transition Implementation Committee     Mohammed Jimoh Faworaja     C2c@kwarastate.gov.ng     Olomu     Shonga     Adesoye     Gaa Olobi     IYA ALFA NLA     Alabi Lawal     Post Utme     COVID     Ahmed Mohammed Rifun     AGM Professional Services     A.E. Afolabi     Mary Arinde     Funmilayo Isiaka Oniwa