N135,1bn supplemetary budget passes second reading at Kwara Assembly

Date: 2019-09-07

The Kwara 2019 Revised Supplementary budget Estimate of N135,159,772,167 has passed second reading at the Kwara House of Assembly.

The News Agency of Nigeria (NAN) reports that the new budget estimate is representing 15 per cent decrease when compared with the budget of the immediate past administration

The supplementary budget was against N157,802,032,651 earlier approved by the 8th Legislature as 2019 budget of the state in Dec. 2018.

The Supplementary Budget was sent to the House for consideration and passage by Gov. AbdulRahman AbdulRasaq on July 27.

The motion for the second reading of the bill was moved by the Kwara Assembly House Leader, Olawoyin Abubakar-Magaji, which enjoyed the support of all members at the plenary.

Leading debate on the bill, the House Leader called for the accelerated passage of the bill, to enable the state government to embark on meaningful activities that would further improve the well-being of the residents of the state.

Other members, who contributed lauded the foresight of the state governor and called for proper monitoring of the capital expenditure, so that the budget can achieve the intended purpose.

The Clerk of the House, Hajiya Halimah Perogi later read the budget for the second time

The Speaker of the Kwara Assembly, Danladi Yakubu-Salihu, directed the Finance and Appropriation Committee of the House, to work on the budget for further legislative action.

According to the Supplementary budget, the Revised Recurrent Revenue, is now N97,221,983,006 as against N121,846,573,912 earlier approved, representing 21 per cent decrease.

Revised Capital Estimate is also now N62,810,026,813 against N79,594,046,011, representing 21 per cent reduction.

The Recurrent Expenditure is now N72,349,746,354,with N24,872,236,652 as transfer to Capital Development Fund, against N78,207,986,550 with N43,638,537,912 as transfer Capital Development Fund earlier approved, representing 8% decrease

 

Cloud Tag: What's trending

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

Kehinde Baale     LAK Jimoh     Kwara TV     Abdulkarim Adisa     T And K FOODS     Lanre Issa Onilu     Ndama Al-hassan     Muhammed Abdullahi     Sun Qing Rong     Ganmo     Grillo     Sa\'adu Gambari     Bature Bello     Lawal Olohungbebe     Ghali Alaaya     Baboko Primary School     Bolakale Saka     Kamoru Kadiri     Logun     Amusement Park     Flights To Ilorin     Pakata Development Association     Offorjama     SUBEB     Bello John Olanrewaju     11th Galadima     Moses Rahman Popoola     Farouk Salim     Ella Supreme Tissue Paper     Kayode Yusuf     Nurudeen Muhammed     Iyiola Oyedepo     Sobi Specialist Hospital     Abdulrazaq Akorede     Code Of Conduct Tribunal     Muazam Nayaya     Peter Amogbonjaye     A.G.F Abdulrasaq     Abdulrahman Abdulrasaq     Post-utme     Femtech     Yekeen Alabi     Baba Idris     Jimoh Olusola Imam     Abdulrahman Abdulrasak     Neuropsychiatric Hospital     Musa Alhassan Buge     Abdulmalik Bashir Mopelola Risikatullahi     MINILS     Oko-Olowo     Muhammad-Mustapha Suleiman     Rice Farmers Association Of Nigeria     Abdulwahab Ololele     Raheem Adaramaja     Bello Bature     Smart School     Moshood Mustapha     Omar Bolaji Gambari     Abdulfatah Ahmed     Rex Olawoye     Edret Sabi Abel     Bayo Onimago     Ahmad Lawan     Ilorin Emirate Stakeholders Forum     Sheu Ndanusa Usman     Woro     Salmon Babatunde Salmon     Oluwarotimi Boluwatife Adenike     Special Agro-industrial Processing Zone     Col. Adedipe     Jeunkunu-Malete-Bani     Elerinjare-Ibobo     Oloye     Na\'Allah     Raimi Iyanda     Tricycle Owners Association Of Nigeria     Ilorin Emirate Staff Association    

Cloud Tag: What's trending

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

National Broadcasting Commission     Dar-Al-Handasah Consultants Ltd     Pakata Development Association     Surajudeen Akanbi     Kisira     Toyin Saraki     Emir Of Ilorin     Valsolar     Ibrahim Bio     Abdulwaheed Musa     Segun Ogunsola     Lukman Adeloyin     Communication Network Support Services     Abdulfatai Ahmed     Henry Olaosebikan     FERMA     Wahab Abayawo     Oja-Oba     Muideen Olaniyi Alalade     Aliyu Muyideen     Ophthalmological Society Of Nigeria     Toyin Abdullahi     Umar Yakubu Jaja     Kwara 2023     Societe Generale Bank Of Nigeria     Baba Issa Awoye     Oke-Ero     Sarkin Malamai     Abdullahi AbdulMajeed     Muhammad-Mustapha Suleiman     Association Of Kwara State Online Media Practitioners     Iyiola Oyedepo     Lukman Oyebanji Fagbemi     Federal College Of Education (Special), Afon     Prince Bola Ajibola     Sheikh Hamzat Yusuf Ariyibi     Ibrahim Labaika     Crystal Corner Shops     Issa Oloruntogun     Kwara United     Adeola Abraham     Yusuf Abdulwahab     Mamman Saba Jibril     Ahman Pategi     Muslim Cementary     Afolayan     Post Utme     Amosa     Chikanda     Neuropsychiatric Hospital     Shehu Alimi Foundation For Peace And Development     SAPZ Project     Ahmad Uthman     Ayo Salami     Fatai Adeniyi Garba     Ilesha Gwanara Road     Haashim Initiative For Community Advancement     IDPU     JAMB     Abdulmajeed Abdullahi     Funmilayo Braithwaite     Atiku Abubakar     Moji Makanjuola     Ilorin South Constituency     Offa Grammer School     Jumoke Gafar     Minimum Wage     AbdulRaheem Ahmad Shayi     Idris Garuba     PAACO-PCL Consortium     Ilorin Innovation Hub     Abdulwasiu Bolaji Adeyi     Agor Market     Olabode George Towoju     Kwara State University Of Education     Modupe Oluwole     Adamu Attah