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.

Raliat Islamic Foundation     Abdulmumin Yinka Ajia     Yaman     Bolakale Ayo     Baruten     Toyin Sanusi     Ethical College     Ado Ibrahim     Kwara Pdp     Ayeyemi Sulaiman     Ogidi-Oloje     Wale Oladepo     Danhawa     Ola Falade     Titus Suberu-Ajibola     Senior Staff Union Of Colleges Of Education     Olatunji Moronfoye     Dasuki Belgore     Khadijat Ayoola Yusuf     Toyin Abdullahi     Vishvas KOZ Tractors     Oyeyemi Olasumbo Florence     Amuda Musbau     Danladi     Okanlawon Taiwo     Adamu Ibrahim Sabi     Eleyele     Sulyman Age AbdulKareem     Adeniyi Ojo     Tosho Yaqub     Sabitiyu Grillo     Kwha.gov.ng     Idris Amosa Saidu     Abdulfatai Baakini     Wahab Abayawo     Shettima Of Ilorin     Jelili Yusuf     Ayo Opadokun     Abdulrasheed Akogun     Bola Shagaya     Oniyangi Kunle Sulaiman     Obayomi Azeez     David Oyedepo     MalHub     Victor Gbenga Yusuf     LEAH Charity Foundation     Suleiman Idris     Kemi Adeosun     Kola Olota     Adeola Abraham     Tescom.kwarastate.gov.ng     Kwara Poly     Azeez Bello     Council Of The Wise     Akorede     Bashiru Makama     Maimunat Oniyangi     Oba-Solagberu     Third Estate     Abdulkadir Orire     Turaki Of Ilorin     Curfew     Emir Of Kano     Abraham Ojo     NITDA     Ibrahim Mashood     Saidu Yaro Musa     Pius Abioje     Arca Santa     Ilorin Likeminds Foundation     COVID-19 Palliatives     Amos Justus Sayo     Tunde Kazeem     Sulu Babaita Isiaka     Aminat Ahmed     Mary Kemi Adeosun     Ekiti    

Cloud Tag: What's trending

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

Joseph Daudu     Tafida     11th Galadima     Opolo Global Innovation Limited     Ilorin Likeminds Foundation     Yemi Osinbajo     Ibrahim Labaika     Shehu Alimi Foundation For Peace And Development     Adedeji Onimago     Erin-ile     Nagode     Salary     Dankaka     Michael Nzekwe     Olusola Saraki     Oju Ekun Sarumi     Adewuyi Funmilayo     Kayode Alabi     Rebecca Bake     Ojuekun     GAMA     Omu Aran     Abdulfatai Salman Baakini     Abiodun Oyedepo     Ramadan     Baruba     Abubakar Bature Sulu-Gambari     Muazam Nayaya     Joana Nnazua Kolo     Yusuf Abdulraheem     Kwara Primary Health Care Development Agency     Trade Lenda SME Fair     Dumagi     Isiaka AbdulRazaq     IYA ALFA NLA     Shehu Alimi Foundation     Siraj Oyewale     Ola Falade     Femtech     NAWOJ     Markaz Arabic And Islamic Training Institute, Agege     Junior Secondary School Certificate Examinations     Federal College Of Education (Special), Afon     Elerinjare-Ibobo     Fatai Adeniyi Garba     Aiyedun     Ishaq Abdulkarim     Ahmad Olanrewaju Belgore     Obasanjo     Gaa Olobi     Funmilayo Isiaka Oniwa     Alore     Bello Abubakar     Oba Mogaji Abdulkadir     Arca Santa     Erubu     Onilu     Nigeria Association Of Women Journalists     Soffiyyallah Kamaldeen     TIC     Ike Ekweremadu     NaAllah     Village Alive Development Association     Kwara 2023     Abdullahi G. Mohammad     JSSCE     Bamidele Aluko     Women For Change And Development Initiative     Standard Organization Of Nigeria     Ishak Mohammed Sabi     March 18     Kwara State Polytechnic     Alabi Olayemi Abdulrazak     Afin Descendants Union Of Odo-Owa     Idris Amosa Oladipo Saidu     Shoprite     Abdulraufu Mustapha