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.

Naira Redesign     Saliu Mustapha     Moshood Mustapha     Muhammadu Gobir     Abdulwahab Oba     Saudat Abdulbaqi     Valsolar     Rotimi Atere     Kayode Ogunlowo     Convocation Ceremonies     Ilorin     Olatunde Oyeyiola     Dar-Al-Handasah Consultants     Abdullahi Saadudeen Alikinla     Wasiu Onidugbe     Aremu Bose Deborah     Moro     Kwara Central     Okanlawon Musa     Turaki Of Ilorin     Just Event Online     AbdulKareem Yusuf Danhawa     Abdulwahab Ololele     Abdulkadir Akanbi-Oke     Bola Ahmed Tinubu     Muhammad Ghali Alaaya     IYA YUSUF     Elese Of Igbaja     Yusuf Ali     Ilorin Talaka Parapo (ITP)     Ekweremadu     Kunle Suleiman     Ilorin Durbar     Oko     Sidikat Akaje     Facebook     Shao     Neuropsychiatric Hospital     Raji AbdulRasaq     AbdulFatai Adeniyi Dan-Kazeem     Abubakar Baba Sulaiman     Saad Belgore     Mahe Abdulkadir     Valsolar Consultoria     Sa\'adu Gambari     Olatunde Michaels     Haleeman Salman     Share-Tsaragi     Hassan Abdulazeez Elewu     Olatunde Jare     Standard Organization Of Nigeria     Aishatu Ahmed Gobir     Lasiele Alabi Yahaya     Malete     Erin-ile     Okala Baba     Akeem Lawal     Guber Aspirant     Aisha Abodunrin Ibrahim     Mohammed Yisa     Ajibola Ademola Julius     Tsado Manman     Alaaya     Adamu Ibrahim Sabi     Garba Ayodele Wahab     Ibrahim Labaika     Minister     Afetu Of Alabe     Sai Kayi     Ayodele Olaosebikan     Oba Of Jebba     Idris Amosa Oladipo Saidu     Olaitan Buraimoh     Habeeb Abdullahi Al-Ilory     KWASEIC     Earlyon Technologies     Ayoade Akinnibosun    

Cloud Tag: What's trending

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

Kwara State Governor     Akume     Dairo Kunle Paul     Olupako     Okedare     Adamu Ibrahim Sabi     National Broadcasting Commission     Sarkin Malamai     Lukman Adeloyin     Ojuekun Sarumi     Sun Qing Rong     KWASIEC     Wole Oke     Aishat Mohammed Lawal     Oladimeji Thompson     Abdullahi Adisa Akodudu     Okasanmi Ajayi     Ilorin Innovation Hub     Oyedun Juliana Funke     Abubakar Abdullahi Bata     Ajasse-Ipo     Sardauna     Sobi Specialist Hospital     Yusuf Olaolu Ali     Oasis Muslim Care Foundation     Yusuf A. Usman     Salihu Ajia     Musa Ayinla Yeketi     Ganiyu Abolarin     Raliat AbdulRazaq     Toyin Saraki     Suleiman Alege Kuranga     Ibikunle Ogunleye     Moses Salami     Summit University     Agboola Babatunde     Afolabi-Oshatimehin     Freshvine Nigeria Limited     FOMWAN     Adesoye College     Oba-Solagberu     Lateef Ademola Olatunji     Muhammed Danjuma     Oko     Omu-aran     Prince Sunday Fagbemi     Muslimah Entrepreneurship Forum     Ilorin     Musa Abdullahi     Ishola Abdullahi     Odo-Owa     CT Ayeni     Ilorin Metro Park     Muhammad Mustapha Suleiman     Isin     Yashikira     Otunba Taiwo Joseph     Shuaib Jawondo     Abdulquawiy Olododo     Christian Association Of Nigeria     Sarafadeen Kayode Akorede     Valsolar     Police Commissioner     Ajibola Ademola Julius     Razaq Ayobami Akanbi     Muhammad Sirajo Aliyu     Plat Technologies Limited     NITDA     Egbejila     Samuel Olusegun Adedayo     Olatunde Oyeyiola     Matthew Babaoye     Suleiman Mora Omar     General Tunde Idiagbon International Airport Ilorin     Gani Saadu     Rapheal Ashaolu     Rachael Obisesan