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.

Taibat Ayinke Ahmed     Adama Isa     Afeyin-Olukuta     Abiodun Jacob Ajiboye     Kwara State Fire Service     Elerin Of Adanla     Ramadhan     Taofik Abdulkareem Babaita     Kwara State Governor     Ajibike Katibi     Kwara Volleyball Association     Abdulrahman Abdulrasaq     Saidu Yaro Musa     Emir Of Kano     Mamman Saba Jibril     TIC     Cornelius Adebayo     Babatunde Ajeigbe     Amos Justus Sayo     Kolade Solagberu     Ella Supreme Tissue Paper     Ayobami Akanbi     Joseph Bamigboye     11th Galadima     Abdulsalam Firdaous Amosa     Kayode Issa     Congress For National Consensus     Salman Jawondo     KWASSIP     Bashirat Bola Bello     Elekoyangan     Owo Isowo     Solomon Edoja     PAACO-PCL Consortium     Kwara 2015     Razaq Atunwa     CBT     Tunji Folami     Yusuf Lanre Badmas     Abdulsalam A. Yusuf     Prince Sunday Fagbemi     Noah Yusuf     Lawal Jimoh     Turaki     Eleyele     Junior Secondary School Certificate Examinations     Ibrahim Abdulkadir Abikan     Government High School (GHS), Adeta     Donatus Ejidike     Shonga     Akume     Gobir Organization Foundation     Code Of Conduct     Lasiele Alabi Yahaya     Yakubu Mohammed Abdullahi     Ilorin Muslim Community     Ayo Adeyemi     Muhammad Toyin Sanusi     Yusuf Amuda Gobir     Senate President     National Information Technology Development Agency     IEDPU     Muslimah Entrepreneurship Forum     Hassanat Bello     Awili Pedro     Oye Tinuoye     Suleiman Abubakar     Adewuyi Funmilayo     Bayer AG     VADA     Ilorin Talaka Parapo     Lola Ashiru     QuickWin     Omotoso     Usman Rifun     Roheemat Hammed     Abdulrasheed Lafia    

Cloud Tag: What's trending

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

Sidikat Alaya     Kwara North     Sidikat Uthman Ajibola     Ilorin Talaka Parapo     Hameed Oladipupo Ali     Ajayi Okasanmi     Lanre Olosunde     Ebola     Ilorin     Offa     Ajibike Katibi     General Hospital, Offa     Emir Of Yashikira     Yusuf Aiyedun     Olanrewju Okanlawon Musa     Aisha Abodunrin Ibrahim     Adamu Attah     Muyideen Ajani Bello     Habeeb Abdullahi Al-Ilory     Peter Amogbonjaye     Quarry Royal Valley     John Olobayo     Ilorin Water Reticulation     Shehu Salau     Sulyman Abdulkareem     Abdulrazaq Solihudeen     Mohammed Haruna     Chemiroy Nigeria Limited     Ilorin Muslim Community     Kwara     EFCC     Olam Food Ingredients     Ibrahim Abdulqadir Abikan     Aro Yahaya     Nigeria Association Of Women Journalists     Lanre Issa-Onilu     Samuel Adaramola     Abdulrazaq Sanni     Amada Jidda     ER-KANG Mining     Yakubu Gobir     Moshood Kashimawo Abiola     Wasiu Onidugbe     New Model Police Station     ER-KANG     Coronavirus     Shagari     Kwara Basketball Association     General Hospital, Ilorin     Maigida     Timothy Olatunde Fadipe     Moses Rahman Popoola     Aliyu Kora-Sabi     Kanu Agabi     Mutawali Of Ilorin     Ilesha-Baruba-Gwanara     Rabiu Kwankwaso     Samuel Elizabeth Keatswa     Majlis For Sadaqah, Zakat And Waqf     Makama     Kayode Alabi     Sam Onile     United Nigeria Airline     JAAC     Ghali Muhammed     Ebun-Olu Adegboruwa     Dogara     Baruten     Colleges Of Education Academic Staff Union     Bisi Oyeleke     Henry Olaosebikan     Road Transport Employers Association Of Nigeria     MAI Akande     Iliasu     Mohammed Alabi Lawal     Ibrahim Abduquadri Abikan     Jimoh Saadudeen Muhammed