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.

KWATMA     Labaeka     Alabere     Sidikat Akaje     Olayinka Jelili Yusuf     Abubakar Suleiman     Inside Kwara     Saduki Lafiagi     Suraj Tunji Oyewale     Abdul-Rahoof Bello     Abiodun Abdulkareem     Susan Modupe Oluwole     CKNG     Joshua Adeyemi Adimula     Neo Mundo Ltd     Tsaragi-Share     Maryam Ado Bayero     Iqra Books     Gbemisola Saraki     Asiwaju Bola Tinubu     Bello Taoheed Abubakar     Quareeb Islamic Association     Shaykh Luqman Jimoh     Bola Tinubu     Bayer Nigeria Limited     Isiaka Abdulrazak     Kunbi Titiloye     Illyasu Abdullahi     Orisa Bridge     Dunmade     Yusuf Amuda Abubakar     Just Law Forum     Alikinla     Undergraduate Bursary     Olatunji Abdulmumeen     ASUU     Usman Alkali Baba     Salihu Yahaya     Babata     Albert Ogunsola     Fatimat Saliu     Oniye     Ebun-Olu Adegboruwa     Zulkifli Ibraheem     Crystal Corner Shops     Oniwasi Agbaye     Sarakite     Timothy Akangbe     Onilorin Of Ilorin     David Adesina     Esinrogunjo     FERMA     Kwara TV     Kayode Oyin Zubair     Kabir Shagaya     Kola Bukoye     Adaramaja     Kwara 2023     Samari     AGM Professional Services     Igbomina     Computer Based Test     Ibrahim Abdulqadir Abikan     Ilofa     Baaziki Sulaiman     Valsolar-Kwara Company Limited     Akanji     Oya State     Firdaos Amasa     Yahaya Muhammad     Lawal Jimoh     CT Ayeni     Noah Yusuf     Alaro     Habeeb Abdullahi Al-Ilory     Aliyu Kora-Sabi     College Of Health    

Cloud Tag: What's trending

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

Prince Sunday Fagbemi     IHS     Dogara     Bisi Oyeleke     Moshood Mustapha     Taofik Abdulkareem Babaita     Ishaq Abdulkarim     Owo Isowo     Yemi Osinbajo     Abdulmumini Jawondo     Saadu Gbogbo Iwe     Bio Ibrahim     Jimoh Olusola Imam     Y.A. Abdulkareem     Eleja     Facemasks     Aremu Bose Deborah     Kwara State Geographic Information Service     Chartered Institute Of Personnel Management Of Nigeria     Salary     Olatunji Moronfoye     Oke-opin     Doyin Agbamu     Omupo     Amuda Aluko     Ishola Moses Abiodun     Fola Consultant     Diagnostic Centre     Chikanda     Isa Aremu     Ilorin     Post Utme     David Oyerinola Adedunmoye     Babaloja-General     Akeem Olatunji     Galadiman Ngeri     Sarah Jubril     Omoniyi     Marafan Shonga     Aisha Abodunrin Ibrahim     Sheikh Ariyibi     Bashir Omolaja Bolarinwa     Salmon Babatunde Salmon     NaAllah     Saidu Isa     Abubakar Aliagan     Victor Gbenga Yusuf     Bola Magaji     Majlis For Sadaqah, Zakat And Waqf     Special Adviser On Digital Innovation     Ramadan     Lanre Badmas     Sobi FM     BECE     Iyabo Adewuyi     Emmanuel Bello     Yahaya Abdulkareem     Muyiwa Oladipo Kanu     Durbar     Lanre Issa-Onilu     Okeose Christian Cementary     Bello Oyebanji     Mamatu Abdullahi     Woro     Atiku Abubakar     Kunle Suleiman     Oyelere Oyinloye     Oluwole Dupe     Alloy Chukwuemeka     Babatunde Idiagbon     Sobi Hill     Sabi     Abubakar Imam     Minimum Wage     Sardauna     Baba-Isale     Oba Sulaiman Asude