Kwara Gov signs 2022 budget as CAPEX hits 56%

Date: 2022-01-28

•budget prioritizes project completion, workers’ welfare

•House commends govt for prudence

Kwara State Governor AbdulRahman AbdulRazaq on Friday signed the 2022 budget, with the capital expenditure now pegged at 56%, indicating a commitment to complete many of the ongoing infrastructural projects.

The size of the budget is *N189,617,487,624* -- 44% of it being for recurrent expenditure. The House passed the budget on Thursday.

The proposal from the executive had pegged the CAPEX at 55.3% of the total package while the recurrent stood at 44.7%.

Speaking shortly after signing the budget, the Governor said the budget also captured workers’ promotion and the consequential adjustment component of the national minimum wage — the payment of which begins this month amid applause from various labour unions.

"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,” he said, in what underscored his passion for workers’ welfare.

“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.”

Some of the dignitaries at the budget signing are House of Assembly Speaker Rt. Hon. Yakubu Danladi-Salihu;

Deputy Speaker Hon. Raphael Adetiba; Leader of the House Hon. Mogaji Olawoyin; Chairman House Committee on Finance and Appropriation Hon. Ibrahim Ambali; Commissioners for Finance and Planning and Economic Development Florence Olasumbo Oyeyemi and Remilekun Banigbe; Special Adviser on Strategy Saadu Salau; and Clerk of the House Halimat Jummai Kperogi.

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

He added: “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 infrastructural wise.

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

“Most of the projects cut across the three senatorial districts while the recurrent also aptly caters for the people’s welfare.”

He commended his colleagues for their hard work and commitment to the success of the administration.

 

Cloud Tag: What's trending

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

Rapheal Ashaolu     Ibrahim Mashood     Olatunji Ayeni     Aremu Odolaye     Yashikira     KWASIEC     Pilgrims Board     Agor     Azeez Bello     Ibrahim Oniye     Yakubu Dogara     Ibrahim Jawondo     Ali Ahmad     Omu-aran     VADA     Ahmad Lawan     Abdulmumin Yinka Ajia     Adebara     Abdulrauf Yusuf     Aminat Omodara     Idris Garuba     A.G.F Abdulrasaq     Elerin Of Adanla Irese     Magaji Erubu     Bola Magaji     Tunji Moronfoye     Sheikh Alimi     Sanitation Exercise     Maryam Nurudeen     GRA     Adegoke Bamidele     Kayode Zubair     Mogaji Aare     Femi Ogunsola     Matthew Okedare     Senior Special Assistant On Student Affairs     Ilorin General Hospital     LABTOP     ASMAU PLAZA     Congress For National Consensus     National Party Of Nigeria     Yusuf Lanre Badmus     Jelili Yusuf     Yusuf Mubarak     Ibrahim Issa Jetti     Noah Yusuf     Ayoade Akinnibosun     Kwara 2015     Colleges Of Education Academic Staff Union     Kale Bayero     Saadu Gbogbo Iwe     Halimat Yusuf     Mohammed Ajia Ibrahim     Adama Isa     Akeem Olatunji     Umar Ahmed Gunu     Ahmad Uthman     Kale Kawu     Monkey Pox     Olohungbebe     Saadatu Modibbo-Kawu     Government Girls’ Day Secondary School Pakata     Soffiyyallah Kamaldeen     Oba Sulaiman Asude     Jimoh Akani     Saadu Yusuf     Alikinla     Baba-Isale     Sabitiyu Grillo     Haleeman Salman     First Lady     KFA     Ishak Mohammed Sabi     Nigeria Foundation For Artificial Intelligence     Aisha Buhari     Elerinjare     Durosinlohun Kawu    

Cloud Tag: What's trending

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

Alikinla     Tunde Oyawoye     Muhammad Toyin Sanusi     Sadiq Buhari     Lasiele Alabi Yahaya     Ayinde Oki     Saliu Alamoyo     Sabitiyu Grillo     Mutawalle     Lanre Issa-Onilu     AbdulRazaq Jiddah     Bukola Ajikobi     Vishvas KOZ Tractors     Olomu     Zara Umar     General Tunde Idiagbon International Airport Ilorin     Ashiru     Taofeek Ibraheem     Kwara Consultative Forum     KWAFFA     Asiwaju Bola Tinubu     Awodun     David Oyedepo     Durbar     Tayo Awodiji     Olanrewju Okanlawon Musa     Razaq Atunwa     Suleiman Rotimi Iliasu     SGBN     Oyedepo     CBT     Umar Adelodun     Babaita     Senior Staff Union Of Colleges Of Education     Shehu Alimi Foundation     Adamu Jemilat-Baki     Lucky Omoluwa     Sola Saraki Educational Foundation     SARS     Sa\'adu Salau     07039448763     Amasa     Olokoba     Wahab Issa     Taofik Abdulkareem     The Herald     Alliance For Democracy     SSUCOEN     Bolakale Ayo     Oyun     EFCC     Wasiu Odewale     Dele Belgore     Dasuki Belgore     Damilola Yusuf Adelodun     Societe Generale Bank Of Nigeria     Kwara 2019     Kwara-SAPZ Project     Eruku     Tunde Saad     Abdulquawiy Olododo     IYA YUSUF     Abdulraheem Olesin     Abubakar Baba Sulaiman     Olupako Of Share     Solomon Edojah     UNILORIN Alumni Association     Kwara Pdp     Aisha Ahman Pategi     Ojo Fadumila     Yoonus Kola Olatinwo     Ajia-Bako     Oju Ekun Sarumi     Muftau Akanbi Oke     Ilorin South Constituency     Agboola Babatunde     Baba-Isale