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.

Usman Yunusa     TESCOM 2025     Ibrahim Agboola Gambari     Sa\'ad Alanamu     Roseline Oni Aremu     Ibrahim Mashood     Joseph Yemi Ajayi     Alore     Tunde Idiagbon Road     Idris Amosa Saidu     Mohammed Ghali Alaaya     Odolaye Aremu     Ahmed Idris Mohammed     Iyabo Adewuyi     Raliat Islamic Foundation     CT Ayeni     Adeleke Ogungbe     Aishat Sulu-Gambari     MMWG     ENetSuD     LAK Jimoh     BIR     Sabitiyu Grillo     Sherif Shagaya     Oba Of Jebba     Oba Abdulrahim     TVC Female National Debate     KWATMA     Ambassador Kayode Laro     Senior Staff Union Of Colleges Of Education     Durosinlohun Kawu     Kumbi Titiloye     Oloruntoyosi Thomas     Siraj Oyewale     Minimum Wage     Awoye     Kwara Consultative Forum     Omoniyi M. Ayinla     HICA     Egbewole     Al-Hikmah University     Osi     Ola Falade     Iyiola Oyedepo     KWIRS     Abdulrazaq Aiyelabegan     Yoonus Lawal     Code Of Conduct Bureau     Kola Shittu     Jaigbade Alao     Kwara State Coalition Of Business And Professional Associations     Suleiman Ajadi     Ella Supreme Tissue Paper     Akorede     Moronfoye     Adeola Abraham     Jimoh Akani     Gobir     Abdulrahman Abdulrasaq     AbdulFatai Adeniyi Dan-Kazeem     Alaiye     Abdulfatai Salman Baakini     Sayomi     Tsaragi     Col. Adedipe     AGILE Programme     Kola Ologbondiyan     Sarkin Malamai     Suraj Tunji Oyewale     Hikmah AbdulKareem     Ogbondoroko     Adisa Logun     Just Event Online     Alabi Olayemi Abdulrazak     Kwara State University Of Education     Kwara Muslim Pilgrims Welfare Board     Yusuf Olaolu Ali    

Cloud Tag: What's trending

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

Ganiyu Taofiq     Shuaibu Yaman Abdullahi     Sola Saraki University     Lanre Jimoh     Shao     Convocation Ceremonies     Bolaji Nagode     Razaq Atunwa     Muhammad Sirajo Aliyu     Abdulrahman Iliasu     Sarkin Malamai     National Union Of Road Transport Workers     Gafaru Olayiwola Olorisade     Mufutau Olatinwo     Mohammed Saidu     Elerinjare     Michael Nzekwe     Aisha Abodunrin Ibrahim     Sherif Sagaya     Firdaos Amasa     Lawyers Unite Against Corruption     Yusuf Zulu-Gambari     Dan Masanin     Muhammed Danjuma     Maryam Nurudeen     Yakub Lai Gobir     Abubakar Imam     Omoniyi M. Ayinla     Buari Edun     Afonja Descendants Union     Raji Ayodele Kamaldeen     Abdulrahman Abdullahi Kayode     Quran     Abdulkadir Remi Hawawu     Muhammad Yahya     Abdullahi Samari     Cornelius Adebayo     Olabanji Orilonishe     Mashood Abdulrafiu Agboola     Ishak Mohammed Sabi     KWAFFA     Y.A. Abdulkareem     Share     Ganmo Power Sub-Station     Special Agro-Industrial Hub     Tsaragi     Asiwaju Bola Tinubu     Ilorin Innovation Hub     Oke-Oyi     Modupe Oluwole     Dairo Kunle Paul     Bio Ibrahim     Olukotun Of Ikotun     Kamaldeen Gambari     Kwha.gov.ng     Amina El-Imam     Abdulhakeem Amao     Pategi     Abdulkadir Akanbi-Oke     Talaka Parapo     Oba Abu     Local Government Pension Board     James Ayeni     Shade Omoniyi     Kwara Politics     Akanji     Jawondo     Rabiu Kwankwaso     Saadatu Modibbo-Kawu     Kazeem Oladepo     Innocent Okoye     Mustapha AbdulGaniyu     Voices Of Tomorrow     NURTW     Oluwarotimi Boluwatife Adenike     Joseph Bamigboye     Mubarak Oladosu