2011 Budget Proposal

Date: 2010-12-29

Kwara State Governor, Dr Bukola Saraki has presented a budget proposal of N68.7 billion to the State House of Assembly for the 2011 fiscal year. 
 
Presenting the budget proposal on the floor of the House on Wednesday, Governor Saraki said the Appropriation reflects a slight increase of about 2.54 % over the total budget size of N66.9 billion for 2010. 
 
According to him, a breakdown of the budget proposal shows that the sum of N36.8 billion was allocated for total recurrent revenue, N33.4 billion as total recurrent expenditure and the sum of N3.4 billion as total recurrent surplus. 
 
Proposed capital receipts and capital expenditure was each allocated the sum of N35.2 billion in the coming financial year. 
 
The focus of the 2011 Appropriation bill the governor said was to consolidate on the achievements of his administration in the past seven and half years and ensure the completion of all on-going projects. 
 
Dr Saraki also disclosed that the State Government was not likely to embark on any new project in 2011 except projects covered under the loan bond. 
 
A breakdown of the sectoral analysis shows Road Development as having the lion share of N8.2 billion; Water Supply N5.6 billion; Education N3.9 billion; Energy N2.9 billion; Health N2.5 billion; Agriculture N2.4 billion; Sports N1.2 billion and Information and Communication N253.7 million, among others. 
 
Giving a general review of the 2010 budget, the governor disclosed that there was an appreciable improvement in the economic well being of the citizenry despite the meagre resource profile of the State Government. 
 
Among the notable projects embarked upon in the out-going year Saraki said included International Aviation College, Ganmo Independent Power Project, commencement of the poultry unit at Shonga Farms, intake of second set of students at the Kwara State University, Malete and up-grading of 15 Primary Health Centres as well as purchase of various hospital equipments. 
 
The governor further disclosed that the on-going Advanced Medical Diagnostic Centre in Ilorin would be put into full use in the coming year and assured that the new School of Nursing at Oke-Ode would equally be completed and commissioned. 
 
To further boost farming activities and ensure an all-year-round farming in the State, he said the sum of N500 million has been set aside to fast-track the completion of the State-wide irrigation scheme which would be constructed in 12 identified irrigable sites across the three Senatorial Districts. 
 
Dr Saraki expressed his profound appreciation to the Speaker and members of the State House of Assembly for the cooperation they have extended to his administration and the smooth working relationship they have had together in the past seven and half years. 
 
He, however, observed that despite his remarkable achievements, successive generations of leadership in the State will continue to have important problems to solve in the belief that not all the problems have been solved. 
 
Earlier in his remark, the Speaker of the House, Alhaji Babatunde Mohammed had praised Dr Saraki for the great transformation he has brought to the State in the past seven and half years, pointing out that he has laid a solid foundation for the in-coming administration to build upon. 
 
Mas’ud Adebimpe
Chief Press Secretary to the Kwara State Governor
29/12/2010

Source

 

Cloud Tag: What's trending

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

Asiwaju Bola Tinubu     Radio Kwara     Aliyu Muhammed     Gbenga Awoyale     Wasiu Odewale     Reuben Paraje     Taofeek Sanusi     Amina El-Imam     Sun Qing Rong     Yusuf Arowosaye     Oloriegbe     Ilorin West     Seun Bolaji     Forgo Battery Company Limited     Ajayi Okasanmi     Gurei     Aisha Ahman Pategi     Kwara State Printing And Publishing Corporation     Laduba     Muhammad Ghali Alaaya     Elewu     Kwara Polytechnic     NITDA     Idris Amosa Oladipo Saidu     Oko     Ibrahim Taiwo Road     Niguel Gallando Marcias     Ilesha-Gwanara     Anilelerin     Lotus Bank     All Peoples Party     Demola Banu     Kwara State Sports Commission     AGILE Programme     Olokoba     Amoyo     Al-Hikmah University     Gafaru Olayiwola Olorisade     Kwara Pdp     Bond     Ilorin Airport     Hydro-electric Power Producing Areas Development Commission     Young Progressives Party     John Mayokun Dada     Sardauna Of Ilorin     Volunteers Of Ilorin Community And The Emirate     Abegunde Goke     Iliasu     Transition Implementation Committee     V.O. Abioye     Clement Yomi Adeboye     Owu Fall     AbdulQowiy Olododo     Kayode Oyin Zubair     Sulyman Tejidini     Yakubu Gobir     Abubakar B.M     Mahmud Babatunde Baker     Mohammed Halidu     Read With Me     Taiwo Joseph     TVC Female National Debate     RTEAN     United Nigeria Airline     Abubakar Baba     Allocation     Iponrin     Labaeka     Saheed Popoola     Abiodun Musa Aibinu     Ilorin Emirate Stakeholders Forum     Saadu Alanamu     Voices Of Tomorrow     KWACOBPA     Iqra Books     Ibrahim Sulu Gambari     Kumbi Titiloye    

Cloud Tag: What's trending

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

AGM Professional Services     Isaac Aderemi Kolawole     AbdulRasaq Abdulmajeed Alaro     Iyabo Adisa Ibiyeye     Jawondo     Gbemisola Oguntimehin     Bolaji Nagode     Bamidele Adegoke     Abubakar Imam     Laboratory-to-Product     LAK Jimoh     Apaola     Razaq Atunwa     Ajeigbe     Baruba     Saheed Popoola     Forgo Battery Company Limited     Kwara Primary Health Care Development Agency     Manzuma     Abdulazeez Arowona     Ayinde Oyepitan     Garment Factory     Allocation     Iqra Books     AbdulRahman Saad     Saliu Ajibola Ajia     Abubakar Kawu Baraje     International Public Sector Accounting Standards     Muhammed Aliyu     Abdulmutalib Shittu     Abdullateef Abdussalam     Zubair Folorunsho Erubu     Muhammad Yahya     Amuda Musbau     Omotoso Musa     Lafia Aliyu Korasabi     Abiodun Musa Aibinu     MINILS     Yoonus Lawal     Standard Organization Of Nigeria     Salaudeen Oyewale     Folajimi Aleshinloye     Isapa     Hameed Oladipupo Ali     LEAH Charity Foundation     Towoju     United Nigeria Airline     Olateju Lukman     Vasolar     Sarakite     Ajayi Okasanmi     Inside Kwara     Oko-Erin     Kwara State Fish Farmers Association     Muhammed Danjuma     Iyaloja-General     Pakata     Elelu     Park     Computer Based Test     Mope Dasuki Belgore     Ramat Oganija     Olaitan Adefila     Idris Garba     Olomu     Dumagi     Alaaya     Oasis Muslim Care Foundation     ASMAU PLAZA     Funmilayo Mohammed     Monthly Sanitation Exercise     Olukotun Of Ikotun     Maryam Ado Bayero     Justina Oha     Elewu     Khairat Gwadabe     Olumide Daniel Ibitoye