Capital projects get 56% as Kwara gov signs budget

Date: 2022-01-29

The Kwara State Governor, AbdulRahman AbdulRazaq, has signed into law the 2022 budget of N189.62bn, with 56 per cent allocated to capital expenditure and 44 per cent to recurrent expenditure.

The budget was passed by the state’s House of Assembly on Thursday.

The budget proposal from the executive had pegged the capital expenditure at 55.3 per cent while the recurrent stood at 44.7 per cent.

Speaking shortly after signing the budget on Friday, the governor said the budget captured workers’ promotion and the consequential adjustment component of the national minimum wage, the payment of which he said began this month.

A statement by his Chief Press Secretary, Rafiu Ajakaye, said, “Some of the highlights of the budget included the implementation of the consequential adjustment of minimum wage and paying some salary arrears that could not be paid by the previous administration.

“We are equally doing cash backing of promotions. Those are some of the major challenges for the administration. We will also focus on completing ongoing infrastructural projects, job creation and expanding the economic base of the state. We will try to ensure full implementation of the budget as much as revenue permits.

“I must commend the House for doing the needful to ensure that the budget is passed on time. We appreciate the work you have done.”

The Speaker, Kwara House of Assembly, Yakubu Salihu-Danladi, who commended the administration for its commitment to development, reaffirmed the determination of the House towards effective lawmaking in the state.

He said, “The budget was presented on the 22nd of December, 2021 and the Assembly began work immediately. We invited ministries, departments and agencies for budget defence. We scrutinised and passed the budget yesterday (Thursday).

“The budget is truly a budget of sustainable development and economic growth. The capital votes favour projects that will touch the lives of the people and reforms that would attend to decayed infrastructure. With these projects, our state will move to the next level infrastructure-wise.

“The two previous budgets passed by this Assembly show the prudence, integrity and transparency of this administration. It is our belief that the prudence and transparency that played out in the previous ones will play out with this too.”

According to him, most of the projects cut across the three senatorial districts while the recurrent expenditure also aptly caters to the people’s welfare.

 

Cloud Tag: What's trending

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

Ilofa     Kunle Okeowo     Babatunde Idiagbon     Niyi Ogundiran     Sa\'ad Alanamu     Quranic Recitation Competition     Ayo Opadokun     Alliance For Democracy     Bello Oyedepo     Vishvas KOZ Tractors     Issa Oloruntogun     Sulyman Atolagbe Alege     TIC     Mike Omotosho     Jelili Yusuf     Folaranmi Aro     Shehu Raheem Adaramaja     IFK     Yeketi     TETFUND     Usman Rifun     Nigerian Army     Fatimoh Lawal     Haashim Initiative For Community Advancement     Mary Kemi Adeosun     Muazam Nayaya     Ibrahim Mohammed     Ibikunle Ogunleye     Olayinka Oladapo Jogunola     Voices Of Tomorrow     Nigerian Correctional Service     Olukotun Of Ikotun     Hausa     Sulu Gambari     Gani Saadu     Bankole Omishore     Jimba Babatunde     Senate Presidency     Patigi Regatta     Ibrahim Gambari     MMWG     Ishola Moses Abiodun     Yusuf Ali     Ilorin Innovation Hub     IHS     Kaosarah Adeyi     Democracy Day     Abdullahi Adisa Akodudu     Otunba Taiwo Joseph     Shehu Jimoh     Abdulganiyu Oladosu     Fola Consultant     Orire     Oyeyemi Olasumbo Florence     SSA Youth Engagement     Hassan Taiye Salam     Oloje     Sadiq Umar     Ishola Abdullahi     ITEM 7     College Of Arabic And Islamic Legal Studies     Simeon Sayomi     Alaaya     ASUU     IF-K     Muhammed Taofeeq Abdulrazaq     Muhammad Toyin Sanusi     Balogun Gambari     Wole Oke     Olabanji Orilonishe     Lawal Arinola Kudirat     AbdulQowiy Olododo     Kassim Babamale     Oluwatoyin Lukman     SWAN     Olomu     Razaq Atunwa    

Cloud Tag: What's trending

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

Tunji Olawuyi     Ishaq Abdulkarim     Saliu Oluwole     Isiaka Abdulrazak     Raliat Elelu-Habeeb     QuickWin     Tafida Of Kaiama     Ganmo Electricity Sub-Station     Abikan     Jamiu Oyawoye     CACOVID     Okasanmi Ajayi     Baba Isale     Oba Sulaiman Asude     Odogun Olushola Gabriel     Lithium     Ethical College     Abdulrazaq Aiyelabegan     Busari Alabi Alausa     IDPU     Bolakale Ayo     Yaman     Ilesha-Baruba     Adegoke Bamidele     Alanamu     Isiaka Oniwa     Bola Magaji     Mohammed Danjuma     Segun Abifarin     ER-KANG     Monthly Sanitation     Umar Adelodun     Sarkin Malamai     Salihu Jibril Garbi     Yahaya Abdulkareem     Freshvine Nigeria Limited     Amuda Bembe     Oyawoye     Kayode Ogunlowo     Ilorin Metro Park     Www.Kwarareports.com     Kulende-UITH     HYPPADEC     Kwara Consultative Forum     Gurei     Alabi Olayemi Abdulrazak     Sulyman Buhari     Sobi Hill     Usman Yunusa     Ibrahim Gambari     Mutawalle     Presidential Election     MAI Akande     Jawondo     Ajikobi     Idris Amosa Oladipo Saidu     Undergraduate Bursary     Ayo Adeyemi     Mohammed Yisa     Wahab Agbaje     Bashir Omolaja Bolarinwa     Abdullahi Imam Abdullahi     Olam Food Ingredients     Alumni Association Of The Federal Polytechnic Offa     Colleges Of Education Academic Staff Union     Omoniyi     Adedayo Yusuf Abdulkareem     Lukman Oyebanji Fagbemi     Abdullahi Atanda     Saidu Kawu     Kumbi Titilope     Sheikh Hamzat Yusuf Ariyibi     Yusuf Aiyedun     International Aviation College     Okoolowo     Toun Okewale-Sonaiya     BIR