Kwara State Approves ?584bn Budget for 2025, Boosting Key Sectors
The Kwara State House of Assembly, located in North Central Nigeria, has approved the 2025 Appropriation Bill amounting to Five Hundred and Eighty-Four Billion, Six Hundred and Ninety-Three Million, Four Hundred and Eighty-Six Thousand, Six Hundred and Eighty-Four Naira, Seventy-Two Kobo.
This approval came after an upward revision of the initial sum of Five Hundred and Forty Billion, Three Hundred and Sixty-Eight Million, One Hundred and Nineteen Thousand, Seven Hundred and Sixty-Five Naira, which was presented by the state Governor, Mallam AbdulRahman AbdulRazaq last month.
The assembly increased the appropriation bill by Forty-Four Billion, Three Hundred and Twenty-Five Million, Three Hundred and Sixty-Six Thousand, Nine Hundred and Nineteen Naira, Seventy-Two Kobo. This additional funding will be allocated to key Ministries, including Education, Health, Agriculture, Water Resources, Housing, Youth Development, and Works and Transport, to enhance their operations and service delivery.
Capital Expenditure gulped Three Hundred and Seventy-Nine Billion, Three Hundred and Ninety-Six Million, Six Hundred and Ninety-Four Thousand, Five Hundred And Ninety-Seven Naira, Forty Kobo representing 64.9% while the remaining 35.1% is for the recurrent Expenditure of Two Hundred and Five Billion, Two Hundred and Ninety-Six Million, Seven Hundred and Ninety-Two Thousand, Eighty-Seven Naira, Thirty-two Kobo.
The Speaker of the House, Engineer Yakubu Danladi-Salihu in his remarks, explained that Kwara State has continued with the template of the Nigeria Governors' Forum out of the conviction that it is in line with global best practices in budgeting.
Engr. Danladi-Salihu noted that the National Charts of Accounts that was adopted and domesticated in the preparation of the 2024 Budget is also sustained adding that the 2025 budget of the State is in full compliance with the SABER template.
He also praised the Chairman of the House Committee on Finance and Appropriation, Fatima Arinola Lawal, and other lawmakers for what he noted was a job well done and charged them to work for the substantial implementation of the budget in line with the constitutional provision.
The Speaker appreciated the Clerk and management of the House particularly the Budget, Planning Research & Statistics Department, the Committee Clerks, and, the entire staff of the House for their usual commitment and hard work and called on all Kwarans for their continuous support for the state government.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Tuesday Assayomo Face Masks Waziri Yakubu Gobir Ajuloopin Aliyu Kora Sabi Saheed Popoola Femi Oladiji Shaykh Luqman Jimoh Pacify Labs Ahmad Belgore Aremu Bose Deborah ER-KANG Tafidan Kaiama Elerinjare-Ibobo Tanke Flyover Bridge Mahmud Ajeigbe Mohammed Halidu Adisa Logun Reuben Paraje Kanu Agabi Matthew Okedare Ekiti Oro Grammar School Taibat Ayinke Ahmed Oluwatoyin Lukman Soffiyyallah Kamaldeen Isaac Aderemi Kolawole Unicontinental Construction Company Amuda Bembe Abubakar Baba FERMA Bello Bature Ayinde Oki Oniwasi Agbaye Ibrahim Agboola Gambari Women Radio Quarry Royal Valley Flights To Ilorin AbdulQowiy Olododo Shagari AbdulRazaq Abubakar Jiddah Kolawole Akande Salman Jawondo Abdulrazaq Aiyelabegan Chief Imam Of Ilorin Ajia-Bako Sola Saraki University Omu-aran New Model Police Station Kwasu Abiodun Jacob Ajiboye Ogbondoroko Yusuf Lanre Badmus S.O. Opowoye Popo-Igbonna Sam Okaula Joseph Offorjama Ijagbo Health Centre Bamidele Aluko Y.A. Abdulkareem Oloye JSSCE Abdulfatah Ahmed Ita-Ore Zainab Abass Ibrahim Abdulqadir Abikan Michael Ologundea Garba Ayodele Wahab Mary Kemi Adeosun Shehu Alimi Foundation For Peace And Development EFCC Metro Park Salake Akeem Olatunji ER-KANG Mining Agor Market Odo-Owa

