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.

Valsolar Consortium     Adolescent Girls Initiative For Learning And Empowerment     Bio Ibrahim     Sheikh Ridhwanullah     Oyin-Zubair     Olaitan Adefila     Mukhtar Shagaya     ITP     Special Agro-industrial Processing Zone     Abdulmumin Yinka Ajia     Tunde Mukaila Mustapha     Awodun     Taofik Mustapha     Mary Arinde     Muslim Cementary     Cornelius Adebayo     Iliasu     MalHub     Abikan     Olomu Of Omu-Aran     Aisha Buhari     Joseph Bamigboye     Ajidagba     Funmilayo Zubair     Unilorin FM     Maigida     Post-utme     Al-Hikmah University     Saka Onimago     Osuwa     11th Galadima     Federal Neuro-Psychiatric Hospital     Samuel Adedoyin     Amosa     Gobirawa     Innocent Okoye     Opolo Global Innovation Limited     Hausa     Bamidele Adegoke     Oloruntoyosi Thomas     Ahman Pategi     Turaki Of Ilorin     Yusuf Badmus     Just Law Forum     Bursary     Saka Balikis Kehinde     Taiwo Joseph     Haliru Dantoro     Jawondo     Communication Network Support Services     Ganmo Power Sub-Station     Memunat Monsuma     Oniyangi     Garba Dogo     Neuropsychiatric Hospital     Ijagbo     Modibbo Kawu     Goodluck Jonathan     National Union Of Road Transport Workers     Quarry Royal Valley     SWAN     Saidu Yaro Musa     Oba Abdulraheem     Kwara United     Oluwarotimi Boluwatife Adenike     Olam Food Ingredients     Marufat Oladosu     Ilorin Talaka Parapo (ITP)     Joseph Offorjama     Abubakar Atiku     Azeez Bello     Elewu     Yusuf Ali     Tunji Olawuyi     Daud Adeshola     Eruku     Ejidongari    

Cloud Tag: What's trending

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

Rueben Parejo     Segun Abifarin     James Ayeni     Oniye     Ilorin Talaka Parapo     Titus Suberu-Ajibola     Olaiya Lawal     Kale Ayo     SAPZ Project     Tope Daramola     NURTW     Modibbo Kawu     Elese Of Igbaja     Ahmad Uthman     Victor Gbenga Yusuf     Abubakar Ndakene     Mohammed Yahaya Barki     Sobi Hill     Post Utme     Taofik Abdulkareem     Shururat Olatinwo     Yusuf Abdulkadir     Ayekale     Kwara Metro Park     Gbugbu International Market     JSSCE     A.E. Afolabi     Bukola Ajikobi     Abdulrasheed Na\'Allah     Ganmo     UNILORIN Alumni     Oniwa     S.O. Opowoye     Solomon Edoja     11th Galadima     Quarry Royal Valley     Dar-Al-Handasah Consultants     Lanre Badmus     Odogun Olushola Gabriel     Bilikisu Gambari     Oba Abdulrahim     Mohammed Katsina Ahmed     Okeose Christian Cementary     Split Diamond Interchange     Anilelerin     Bola Magaji     Oasis Muslim Care Foundation     Fola Consultant     Jimoh Bashir     Hassanat Bello     Jaigbade Alao     Halimah Perogi     Kwara State Council Of Chiefs     Abdulmumini Jawondo     IQRA College     ASUU     All Confederation Of Principals Of Secondary Schools     Kayode Zubair     Plat Technologies Limited     Garba Idris Ajia     Sabitiyu Grillo     Issa Baba     Abubakar Imam     Toyin Abdullahi     Bahago     Kamoru Kadiri     Young Progressives Party     Nigeria Customs Service     Aminat Ahmed     Convocation Ceremonies     Siddiq Adebayo Idowu Salawu     First Lady     Musa Abdullahi     Abubakar Baba Sulaiman     Wale Oladepo     Coronavirus     Olumide Daniel Ibitoye