Capital expenditures top govt priorities as Kwara Gov presents 2023 budget

Date: 2022-12-01

•We've delivered on key campaign promises: AbdulRazaq

•Says outlooks in education, health, rural-urban devt, business climate far better

•Speaker commends AbdulRazaq for giant strides across sectors, workers' welfare

Kwara State Governor AbdulRahman AbdulRazaq on Wednesday laid the 2023 budget estimates before the state parliament, restating the administration's commitment to inclusive growth.

The size of the 2023 budget is N189,436,248,054.00, with a recurrent expenditure of 49.1% and capital component of 50.9%, he said. "This is a budget of economic expansion and sustainable development," the Governor said, adding that the fiscal document focuses on strengthening the current gains and is built around the Kwara State Sustainable Development Plan 2021-2030, Medium Term Sector Strategy 2021-2023 and citizens' need Assessments.

"Today, I stand before this Honourable House to present the 2023 Appropriation Bill. This fiscal document is as significant in its provisions as it is in expanding the gains of the past three years for maximum socioeconomic benefits of the state," according to the Governor.

"With the support of this House and the good people of Kwara State, our government has delivered on key campaign promises in education, healthcare delivery, provision of potable water, agriculture, poverty reduction, gender mainstreaming, youth and women empowerment, financial inclusion, workers' welfare, infrastructure, and rural urban development.

"Under us, Kwara has shed horrible indices and broken new positive grounds across development sectors. This is all due to our commitments to inclusive growth.

"Of particular interest are the recent positive data on healthcare delivery, poverty rate, unemployment rate, and fiscal management of the state. All of these show that Kwara is a lot better today than we met it.

"I'm glad to report that our investment in the premier hospital has earned the state university an accreditation to begin Medicine and Surgery for the first time.

"In the outgoing fiscal year, we expanded economic opportunities for the people and executed many impactful projects and programmes across sectors, while many are near completion.

"The commencement of the KwaraLEARN initiative has raised school attendance by 43% in four pilot local government areas of Baruten, Ilorin East, Ilorin West, and Offa. We have delivered a new waterworks at Dumagi, new and well-equipped Dental, Eye, Renal, ICU facilities, and an expansive new ward.

"The Garment Factory, Visual Arts Centre, Innovation Hub, General Tunde Idiagbon Bridge, Osi-Obbo Aiyegunle Road, Adeta-Yebumot-AlHikmah University Road, Ilesha Gwanara Road, Osi and Ilesha Baruba Campuses of KWASU, Oro General Hospital, Jebba Waterworks, among others, are all near completion.

"For the first time, we are 90% set to deliver a game-changing Electronic Management System (EMS) for our hospitals in Ilorin, Kaiama, and Offa. We have also completed the first radio station in Kwara North and 39 Digital Literacy Centres across the state."

The Governor said the new budget places more emphases on continuous infrastructural development, completion of ongoing road projects, agribusinesses, irrigation and mechanisation, workers' welfare, rural electrification, and improved water reticulation, among others. In the new year, the RAAMP road projects will begin full steam.

"So is the special agroprocessing zone that is supported by development agencies. In the new year, we will also implement the National Programme on Food Security (NPFS) and Adolescent Girls Initiative for Learning and Empowerment, among others," he added "Its key assumptions are oil price of 70 US Dollars per barrel; daily oil production estimate of 1.69m barrel per day; exchange rate of N435 to one United States Dollar; GDP growth of 3.75%; and inflation rate of 17.16%.

"Funding windows include the federal allocations, internally generated revenue (IGR), grants, and other capital receipts."

Chaired by Rt. Hon. Speaker Yakubu Salihu Danladi, the budget presentation session was attended by Deputy Governor Kayode Alabi; representative of the Chief Judge Justice Olalekan Adegbite; Acting Grand Kadi Justice Abdullateef Kamaldeen; House members; cabinet members led by Secretary to the State Government Prof. Mamman Sabah Jibril; first class and other senior monarchs; top government officials and senior senior civil servants; and All Progressives Congress chieftains led by Chairman Prince Sunday Fagbemi; among others.

The Speaker commended the Governor for his efforts to steadily bridge the huge infrastructural gap in the state and for his focus on workers' welfare, provision of basic amenities, and prudent management of public resources.

He assured AbdulRazaq of the readiness of the House to ensure timely passage of the budget after careful scrutiny as constitutionally required for the benefit of the people of Kwara State.

"Your Excellency deserves commendation for sustaining the zeal to fulfilling the obligations to the state by paying counterpart funds in all sectors. The result of this is visible to all as the state has since gone back to light and the people of the state are now better for it," he said.

"It is a thing of joy to note that the efforts of this present government at ensuring transparency, accountability and fiscal discipline in government business are enjoying applause from within and outside the state."

Rafiu Ajakaye
Chief Press Secretary to the Governor
November 30, 2022

 

Cloud Tag: What's trending

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

Ibrahim Oloriegbe     Abdulkadir Remi Hawawu     Isiaq Khadeejah     Chief Imam Of Lafiagi     Peculiar Allowance     Chartered Institute Of Personnel Management Of Nigeria     Segun Ogunsola     Ijakadi     Bello Bature     General Tunde Idiagbon International Airport Ilorin     Just Law Forum     Aisha Ahman Pategi     Nupe     ASKOMP     Ndakene     Ibrahim Abiodun     ASMAU PLAZA     Yusuf Aiyedun     Niyi Osundare     Ibrahim Kayode Adeyemi     Oni Adebayo     Emir Of Shonga     Nigerian Supreme Council For Islamic Affairs     Ajibola Ademola Julius     Modibbo Kawu     Moro     Aminu Adisa Logun     Oba Abu     Tanke Road     Transition Implementation Committee     Eleja Taiwo Banu     Majlis For Sadakah, Zakat And Waqf     Kwara Polytechnic     Tunji Folami     Yahaya A Paniyaro     Ethical College     Fatimah Abdulkadir     Balogun-Ojomu     Amina El-Imam     TIIDELab     Jide Ashonibare     Air Peace     Toyosi Thomas     United Nigeria Congress Party     Plat Technologies Limited     Mustapha Akanbi     Atiku     Salman Jawondo     Kola Bukoye     Yakubu Danladi     Gbemisola Saraki     Umar Yakubu Jaja     Kola Shittu     Gaa Olobi     Turaki     Ibrahim Abdulqadir Abikan     Isiaka Saka Opobiyi     Elewu     Oloye     Moses Rahman Popoola     Oju Ekun Sarumi     Jimba Babatunde     Akande Idowu Ayoola Muhammed     Hausa     Split Diamond Interchange     IsDB     Sarakite     Rasaq Jimoh     Universal Basic Education Commission     Ojuekun Sarumi     Abdulmumini AbdulRazaq     Boko Haram     Umar Bayo Abdulwahab     KWACOBPA     Balogun Fulani     Societe Generale Bank Of Nigeria     UNILORIN Alumni    

Cloud Tag: What's trending

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

Cassava Growers\' Association     Segun Olawoyin     Ahmad Olanrewaju Belgore     Ike Ekweremadu     COEASU     John Obuh     Lawal Jimoh     HYPPADEC     Ajakaye     Senate Presidency     Ile Arugbo     Coronavirus     Ilorin Descendants Progressive Union     IPSAS     Hikmah AbdulKareem     Micheal Imoudu     Bamidele Aluko     Maryam Ado Bayero     Ademola Kiyesola     College Of Arabic And Islamic Legal Studies     Wahab Egbewole     Abubakar Imam     David Oyerinola Adedunmoye     Omoniyi Ayinla     Lateef Ademola Olatunji     High Court     IDPU     Abdulrosheed Okiki     Yahaya Oloriegbe     Abubakar Abdulraheem     Taofik Abdulkareem Babaita     Moses Salami     Emmanuel Olatunji Adesoye     National Information Technology Development Agency     Saka Balikis Kehinde     Muhammad Toyin Sanusi     Toyin Olayinka Tejidini     Chief Of Staff     Amina El-Imam     Moshood Mustapha     Kwara State Health Insurance Agency     Mumini Ishola Hanafi     Iliasu     Awwal Jawondo     Ileloke     Adamu B. Yaqubu     Ijagbo     Okala Baba     Bello Oyedepo     Hassan A. Saliu     Donatus Ejidike     Kwara South     Funmilayo Mohammed     Memunat Monsuma     NNPP     MAI Akande     Crystal Corner Shops     AGM Professional Services     Sam Okaula     Bello Taoheed Abubakar     Elese Of Igbaja     Ahmad Belgore     Haliru Yahaya     Okedare     Olatunde Jare     Kolawole Bashirat     Folorunsho Erubu     Valsolar     KWASAA     Idofin     Ajibike Katibi     Afin Descendants Union Of Odo-Owa     Aasiyat Bello Oyedepo     Goodluck Jonathan     Road Transport Employers Association Of Nigeria     Bilikisu Gambari     Ibrahim Orire