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.

Sango-UITH Road     Sarakite     Hassan Abdulazeez Elewu     Aminat Omodara     Abiodun Oyedepo     Paul Odama     Ibikunle Ogunleye     Ladi Hassan     Ubandoma Of Ilorin     Ilorin Muslim Community     Aso Ofi     Haruna Olawale Sulaiman     Kunbi Titiloye     Bayo Lawal     Sulyman Abdulkareem     KWASIEC     Oyedepo     Funmilayo Zubair     Local Government     Yahaya Seriki     Lateef Ademola Olatunji     Saheed Akinwumi     Abdulrasheed Akogun     3MTT     Otuka     Niyi Osundare     AbdulRazaq AbduMajeed Alaro     Ilorin Emirate Staff Association     Tuesday Assayomo     ANCOPPS     Abdulmumini Jawondo     Flights To Ilorin     Musbau A. Akanji     Abdulsalam Firdaous Amosa     Ibrahim Bio     Babaloja-General     Harrison Osauwagboe     Balogun Fulani     Association Of Kwara State Online Media Practitioners     Ishaq Oloyede     Aisha Buhari     Leke Ogungbe     Tafida Of Ilorin     Agboola Babatunde     Muhammad Yahya     Sheikh Hamzat Yusuf Ariyibi     Ilorin East/South Federal Constituency     Abdulwaheed Musa     Muslim Cementary     Special Adviser On Digital Innovation     Oloyede     Shade Omoniyi     Abdullahi Samari     Muhammad-Mustapha Suleiman     MMWG     Grillo     Dasuki Belgore     Kwara State University Of Education     Ibrahim Abiodun     Funmilayo Mohammed     Isiaq Khadeejah     Yemi Osinbajo     Just Event Online     Quran     Stephen Fasakin     Roseline Oni Aremu     Olosi Of Osi     Benin Republic     Muazam Nayaya     Durosinlohun Atiku     Ambassador Kayode Laro     Lanre Olosunde     Kwara State Pension Board     Najim Yaasin     REO CAKES     Millennium Development Goals     AbdulQowiy Olododo    

Cloud Tag: What's trending

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

Lawal Arinola Kudirat     Kayode Oyin-Zubair     Quareeb Islamic Association     Bayer Nigeria Limited     Abdulrazaq Sanni     Garba Idris Ajia     Babatunde Idiagbon     High Court     Emir Of Shonga     Esuwoye     Oko-Erin     NIPOGA     Isau     Adedayo Yusuf Abdulkareem     Tunde Oyawoye     Ayeyemi Sulaiman     Joseph Alex Offorjama     Peculiar Allowance     Peter Obi     Owo Arugbo     Yusuf Olaolu Ali     Kayode Alabi     Okala Baba     Mahee Abdulkadir     Bolakale Ayo     Bukola Saraki     Prince Bola Ajibola     KWSUED     Soffiyyallah Kamaldeen     Isiaka Danmeromu     Folashade Omoniyi     Kwara Politics     Oke-Oyi     Kola Shittu     Hamidat Sulyman-Yusuf     Mopelola Abdulmaliq-Bashir     Zaratu Umar     Modibo Kawu     Teachers Specific Allowance     Ahmad Lawan     Pacify Labs     Owo Isowo     Deji Ajani     Unilorin     Maigida Soludero Transit     Face Masks     Abdulquawiy Olododo     Oke-Ode     Nnazua     Risikat Lawal     Oniyangi     FOMWAN     Joshua Adeyemi Adimula     Kamaldeen Gambari     Jebba     Leke Ogungbe     Abdulraufu Mustapha     Unilorin FM     Yakubu Mohammed Abdullahi     Riskat Opakunle     Is\'haq Modibbo Kawu     Alapado     Harmony Holdings     20 Billion Bond     M.Y. Abdulrahaman     IDPU     Dauda Adeniran Adeshola     Jaiz Bank     Abubakar Abdulraheem     Femi Ogunsola     Adedeji Onimago     NIRSAL     Segun Abifarin     Abdulrazaq Solihudeen     Ibrahim Bio     James Ayeni     Abdullateef Abdussalam