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.

Wahab Kunle Shittu     Quran     Razak Atunwa     Kaiama     Bayo Ajia     Oluwatoyin Lukman     Saheed Popoola     Dan Iya     Olatomiwa Williams     Unilorin FM     Ahmed Saidu Rufai     Muazam Nayaya     Medinat Folorunsho Salman     Abdulrahman Abdullahi Kayode     Amada Jidda     Ganmo Electricity Sub-Station     Usman Yunusa     Pacify Labs     Oasis Muslim Care Foundation     Kwara Politics     Raimi Iyanda     Post-utme     Razaq Atunwa     UTME     Dan-Kazeem     Ilorin West/Asa Federal Constituency     Age AbdulKareem     Muhammad-Mustapha Suleiman     Kulende-UITH     Shoprite     Saidu Isa     Aremu Odolaye     Elekoyangan     Sola Saraki Educational Foundation     Vishvas KOZ Tractors     Gbenga Adebayo     Mufti Of Ilorin     Senate     Mary Kemi Adeosun     Minimum Wage     Prince Mahe Abdulkadir     Oloje     Bola Tinubu     Isiaka Yusuf     Abdulrazaq Magaji     Alfa Belgore     COVID-19 Palliatives     Iyaloja-General     PharmAccess Foundation     Oluwarotimi Boluwatife Adenike     Opobiyi     S.O. Opowoye     Radio SBS     Funmi Salau     11th Galadima     Young Progressives Party     Garba Ayodele Wahab     Sobi Specialist Hospital     SDP     Gbemisola Saraki     Bamidele Adegoke     PPS     Sulyman Age AbdulKareem     Muslimah Entrepreneurship Forum     Hussein Olokooba     Erubu     Al-Ilory     Diagnostic Centre     Azeez Salawu     Ibrahim Mashood     Toyin Falola     Fola Consultant     Olusin Of Ijara Isin     Federal Polytechnic Offa     Aishatu Ahmed Gobir     General Tunde Idiagbon International Airport Ilorin     Hausa    

Cloud Tag: What's trending

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

Abdulwasiu Bolaji Adeyi     Aisha Ahman Pategi     Ahmed Dankaya     Nigeria Computer Society     Ilorin Emirate Stakeholders Forum     IDPU     Yunus Oniboki     Boko Haram     Presidential Election     Yahaya Jibril Usman     Mohammed Lawal     Ilorin Talaka Parapo     Geri-Alimi Split Diamond Interchange     Ogidi-Oloje     Al-Hikmah Radio     Monsurat Omotosho     Musa Ayinla Yeketi     Monthly Sanitation     Voices Of Tomorrow     Funmilayo Mohammed     Rabiu Kwankwaso     Atunwa     Muhammed Akanbi     Ronke Adeyemi     Folashade Omoniyi     Shade Omoniyi     John Dara     Adegoke Bamidele     Chief Of Staff     Saad Omo\'ya     Bashir Badawi     Simeon Sayomi     ARMTI     Ahmed Saidu Rufai     Ajuloopin     Titus Suberu-Ajibola     Okin Group     Bello Oyedepo     Oyedun Juliana Funke     Afolayan     Jumoke F. Ajao     Trade Lenda SME Fair     Fatai Adeniyi Garba     AbdulGaniyu Kareem     Sa\'ad Alanamu     Abdulfatah Ahmed     Shettima Of Ilorin     Jawondo     AbdulHakeem Ajibola Akanbi     Bolakale Ayo     Kwara State Pension Board     Abdulwahab Oba     Sulyman Tejidini     Tunji Ajanaku     Suleman Abubakar     Salmon Babatunde Salmon     Gaa Olobi     Sayomi     Lawan     KWTV     Bilikisu Oniyangi     Offa Grammer School     Femi Gbajabiamila     Al-Ilory     Alaaya     AbdulRahman Saad     Kwasu     Ayekale     Odogun Olushola Gabriel     Ibrahim Abiodun     IF-K     Kwara Pdp     Ahmed Mohammed Rifun     Muyiwa Oladipo Kanu     Awoye     Zubair Folorunsho Erubu     Jamila Bio Ibrahim