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.

UNILORIN Alumni Association     National Broadcasting Commission     Kupchi Hosea Maxwell     Isiaka Gold     Yahaya Oloriegbe     NTA Ilorin     Saheed Akinwumi     Obuh     Ilorin     Revenue Court     Kwara State University Of Education     Olayinka Oladapo Jogunola     Akorede     Abegunde Goke     Zara Umar     Mumeen Lah     Col. Adedipe     Folorunsho Erubu     Mohammed Danjuma     Ibrahim Oniye     Akume     Garba Idris Ajia     Apata Ajele Secondary School     FERMA     Rueben Parejo     Olatunde Jare     Oko-Olowo     Toyin Falola     Shehu Alimi Foundation For Peace And Development     Sardauna Of Ilorin     Mahmud Babatunde Baker     Elerinjare     Abdullah Janet Amudat     Ishola Balogun Fulani     Mahmud Ajeigbe     Mukhtar Shagaya     Dar-Al-Handasah Consultants     Paul Odama     Government House     PharmAccess Foundation     Salman Alada     Kwara Central     Maimunat Oloriegbe     Trade Lenda SME Fair     Kawu Baraje     Wahab Kunle Shittu     Abubakar Abdullahi Bata     Jide Oyinloye     Modibo Kawu     Ilesha Gwanara Road     Lai Mohammed     Amos Sayo     Oyawoye     SARS     Balogun Gambari     Ajike People Support Centre     Ibrahim Labaika     Allocation     Lanre Jimoh     Gobirawa     Peter Obi     Abdulahi Abubakar Bata     Special Agro-industrial Processing Zone     John Kehinde Salako     Road Transport Employers Association Of Nigeria     Adamu Atta     Abdulmajeed Abdullahi     Abdullahi Saadudeen Alikinla     Jumoke F. Ajao     Pakata     Idris Garba     Isiaka Abdulrazak     IYA ALFA NLA     Olatunji Ibrahim     Ishak Mohammed Sabi     Abdulkadri Ahmad Alaiye     Vasolar Consultoria    

Cloud Tag: What's trending

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

Mutawali Of Ilorin     Kunle Akogun     Musibau Akanji     Tunde Mukaila Mustapha     Oluranti Idowu     Yusuf Ali     Baba Issa Awoye     Abdulquawiy Olododo     Aliyu U. Tilde     Sidikat Uthman Ajibola     Lawal Olohungbebe     Onilupeju Of Ilupeju     Shuaib Jawondo     Benin Republic     Olatunde Oyeyiola     KWASEIC     Atiku     Omoniyi Ayinla     Gani Saadu     Kazeem Gbolagade     Osinbajo     Kwara State Fish Farmers Association     Abdullahi Adisa Akodudu     Atiku Abubakar     Hajj     Oloriegbe     Abdulrazak Shehu Akorede     Borgu     Erubu Oba Zubair     Owo Isowo     Aishatu Ahmed Gobir     PPS     Balogun Ajikobi     Abubakar Imam     Rashidi Yekini     Issa Manzuma     Abubakar Baba     Alao Ayotunde     Abdulrasheed Na\'Allah     Emir Of Ilorin     Reuben Paraje     Alapansapa     Sola Saraki Educational Foundation     Mahmud Durosinlohun Atiku     Deji Ajani     Mamatu Abdullahi     Maja     Okeose Christian Cementary     Taofik Mustapha     Stephen Fasakin     GRA     Bola Shagaya     Ella Supreme Tissue Paper     Olokoba Sulyman     Amina El-Imam     Segun Olawoyin     Ministry Of Women Affairs And Social Development     NITDA     Adewuyi Funmilayo     Unicontinental Construction Company     Ganmo Electricity Sub-Station     Osuwa     Otoge     Budo Egba     Islamic Development Bank     Jamiu Oyawoye     Ahmed Bolaji Nagode     Elerin Of Adanla Irese     Abubakar Atiku     Kwara Primary Health Care Development Agency     Yusuf AbdulRasheed     Ahmed Alhasssan     Ali Ahmad     Offa Metropolitan Club     Jeunkunu-Malete-Bani     Waheed Ibrahim     Government House