The Kwara State Governor, Alhaji Abdulfatah Ahmed, has signed the 2013 appropriation bill of N96.4 billion into law, which follows the passage of the budget proposals earlier presented by the governor to the state House of Assembly in December.

The budget, which is tagged: “Sustained Prosperity” and presented by Gov Ahmed in December 2012, was jacked up by the House from N94.4 billion to N96.4 billion.

Speaking after signing the budget into law at the Government House, Ilorin, Ahmed described the budget as that of consolidation and development, adding that the exercise was another giant stride of his administration towards bringing about shared prosperity for the people of the state.

He noted that the budget was designed largely to stimulate the economy of the state to enable it meet the yearnings of the people in terms of dividends of democracy, expressing optimism that the performance contracting would form the basis for assessment of all those involved in the implementation of the budget.

In order to actualise the objectives of the 2013 budget, he disclosed that the concept of performance contracting would assist in its action plans.