Kwara Assembly Passes N292.7bn 2024 Budget, Reduces Estimate

Date: 2024-01-25

The Kwara State House of Assembly on Wednesday, January 24, passed the state's 2024 appropriation bill of N292.7 billion.

The approved budget is lower than the initial N296.4 billion estimate presented to the Assembly by Governor AbdulRahman AbdulRazaq in December 2023, having reduced it by N3.7 billion.

The passage followed the presentation of a report of the House Committee on Finance and Appropriation on the Proposed Year 2024 Budget by its Chairman, Arinola Fatimoh Lawal, representing Ilorin East Constituency.

The approved appropriation bill reflected an increase in total capital expenditure to N180.21 billion, surpassing the governor's initial proposal of N178.905 billion, while the recurrent expenditure was reduced to N113.836 billion, from the budgeted N116.43 billion.

The Speaker of the Assembly, Yakubu Salihu-Danladi, who presided over the plenary, conveyed hope that the budget would significantly improve the lives of the state's residents.

The Speaker further directed the Clerk, Olayiwola Ahmed, to produce a clean copy of the bill for the governor's assent.

The ICIR reports that the state government had stated in December 2023 that capital expenditure took the lion's share of N180 billion, representing 61 per cent of the total fiscal plan, while the recurrent component got N116 billion, or 39 per cent of the proposed budget.

“This fiscal plan will prioritise the completion and unveiling of several of our legacy projects and the introduction of a few other ones that centre around the welfare of the people. I am glad to inform this Honourable House that the Ilorin Capital City Master Plan will officially produce what we call the Ilorin Smart City Satellite Town, which will cover an area estimated at 18,000 hectares. This city is modelled after sustainable, green cities around the world, such as Washington DC. The groundbreaking of this huge project will be done next year, God willing,” he had said.

The governor also highlighted key projects while presenting the budget, noting that it would expand 13 hospitals and construct 250 housing units across the state.

“Some other highlights include the establishment of the Kwara State University Teaching Hospital; Kwara State University of Education; completion of the first phase of the industrial park at Eiyenkorin; MSMEs Support Funds; rehabilitation of Ilesha Baruba Waterworks and others elsewhere in the state; construction of statewide rural access roads through RAAMP; rehabilitation of Isanlu Isin Waterworks and extension of pipes; rehabilitation of Pampo Waterworks and extension of pipes, among others,” he had added.

Source

 

Cloud Tag: What's trending

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

Amos Justus Sayo     Umar Danladi Shero     LABTOP     Yakubu Mohammed Abdullahi     Inside Kwara     TVC Female National Debate     Yeketi     Plat Technologies     Oyedepo     FOMWAN     Sarakite     Muhammed Taofeeq Abdulrazaq     Omu Aran     Oja-Oba     Adolescent Girls Initiative For Learning And Empowerment     Abdulraufu Mustapha     Kwara State Government     A.E. Afolabi     Ramadhan     Bello Bature     Tunde Kazeem     Kayode Laro     Adebayo Salami     Abiodun Musa Aibinu     Unilorin FM     Owode Market     Aliyu Salihu     Shuaib Abdulkadir     Kwara 2015     Yekini Adio     Abdulganiyu Oladosu     Issa Memunat Moyosore     Adamu B. Yaqubu     Tanke Flyover Bridge     Ahmed \'Lateef     Jimba Babatunde     Abdulkadir Remi Hawawu     March 28     AbdulKareem Yusuf Danhawa     Garba Ado Sanni     Mutawali     Pategi     Esinniobiwa Quareeb     Olufolake Abdulrazaq     Ministry Of Women Affairs And Social Development     Bello Oyedepo     Onilorin     Michael Ologundea     Kulende-UITH     Suleiman Ajadi     Bisi Kristien     Oba Abdulraheem     Baba Isale     Abdulrazaq Aiyelabegan     Alapado     Isiaka Yusuf     Sidikat Uthman Ajibola     Ahmed Mohammed Rifun     Isapa     Fulani     Joshua Adeyemi Adimula     Bola Olukoju     Busari Alabi Alausa     Local Government Pension Board     Yemi Osinbajo     Durosinlohun Atiku     Ronke Adeyemi     Dogara     Rafiu Ibrahim     Moses Adekanye     Iliasu     Aliyu U. Tilde     Isau     S.O. Opowoye     Usman Alkali Baba     Mohammed Abduraheem     PPS    

Cloud Tag: What's trending

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

Olota Of Odo-Owa     Reuben Paraje     Dele Momodu     Saka Asiat Ayinke     Pategi     Haruna Tambiri Mohammed     REO CAKES     Olatunde Oyeyiola     Abdulrazaq Solihudeen     Yusuf Aiyedun     Talaka Parapo     Teachers Specific Allowance     Aishat Mohammed Lawal     Olushola Saraki     Saba Jibril     Oba Abdulraheem     Muazam Nayaya     Idiagbon     Bilikis Oladimeji     Adanla-Irese     Katibi Ibraheem Adeola     Ajike People Support Centre     Ibrahim Abdulkadir Abikan     Ayinde Oki     Kayode Issa     Gabriel Fashanu     Umar Adelodun     Ibrahim Mohammed     Saidu Kawu     Ahmad Olayiwola Kamaldeen     Shuaib Abdulkadir     Mohammed Ghali Alaaya     Jimoh Olusola Imam     Oyun     Ganiyu Taofiq     Ilesha Gwanara Road     Adebayo Salami     Adekunle David Dunmade     Clement Yomi Adeboye     Opobiyi     Computer Based Test     Sun Qing Rong     Oke-Odo     Sheikh Hamzat Yusuf Ariyibi     Gbenga Awoyale     Samuel Elizabeth Keatswa     Okasanmi Ajayi     Saad Omo Iya     Kale Belgore     Noah Yusuf     Yahya Mohammed     Paul Odama     Ibraheem Adeola Katibi     Alaaya     GAMA     Dauda Adeniran Adeshola     Bello Abubakar     Mary Arinde     Ilorin Durbar     Saudat Abdulbaqi     Ahmed \'Lateef     Zulkifli Ibraheem     Kawu     Adeola Abraham     Yekeen Alabi     Fulani     Abdulrazaq Sanni     Segun Olawoyin     NITDA     Olaoye B. Felix     Pakata     Adamu B. Yaqubu     Shururat Olatinwo     Nigerian Army     Garba Idris Ajia     Aliyu Sabi     Vasolar Consortium