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.

Post-utme     Ilorin Emirate Staff Association     Awwal Jawondo     JMK Construction Company Limited     Rabiu Kwankwaso     Minister     Onikijipa     Abdulquawiy Olododo     Olatunde Olukoya     Oba Abdulraheem     Isiaka Danmeromu     Gbugbu International Market     Yusuf Ali     Aminat Omodara     Obuh     CELF     AGM Professional Services     Tsaragi/Share     Suleiman Idris     HICA     Yakubu Gobir     CKNG     Abdullahi Atanda     Bio Ibrahim     Saduki Lafiagi     Iliasu     Issa Oloruntogun     Dumagi     Mansurat Amuda-Kannike     Abdulkarim Adisa     Elerin Of Adanla Irese     Kolawole Bashirat     Leke Ogungbe     Monsurat Omotosho     Micheal Imodu-Ganmo Road     Hussein Oloyede     Yusuf Abdulraheem     Muhammad Sirajo Aliyu     Oladipo Akanmu Tolani     Kwasu     College Of Health     Moses Salami     REO CAKES     Moji Makanjuola     Habeeb Abdullahi Al-Ilory     S.O. Opowoye     Mohammed Abdulahi     Baaziki Sulaiman     Emir Of Kano     Government High School Adeta     Jide Oyinloye     Makama Of Kaiama     Sheikh Ridhwanullah     Abdullahi Saadudeen Alikinla     Ali Ahmad     Esinrogunjo     Surajudeen Akanbi     Ibrahim Issa Jetti     Galland Marcias     Bluenile Associates     Ilorin Muslim Community     Abubakar Olusola Saraki     Umar Danladi Shero     Tanke     LEAH Charity Foundation     Shonga Farm Project     Saka Adeyemo     Niyi Osundare     Yakubu Dogara     Yusuf Amuda Abubakar     Hydroelectric Power Producing Areas Development Commission     Salihu Jibril Garbi     Balogun-Ojomu     Oasis Muslim Care Foundation     All Confederation Of Principals Of Secondary Schools     Ejidongari     HAMFAT Clinic And Maternity    

Cloud Tag: What's trending

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

Radio SBS     Raimi Iyanda     Shuaibu Yaman Abdullahi     Lotus Bank     SARS     Adijat Adebiyi     Ilofa     Yusuf Badmus     Saka Adeyemo     Bukola Ajikobi     Abdulmajeed Wahab     Kwara North     Government House     Students Union Government     Salihu Jibril Garbi     David Oyepinola Adedumoye     Ramadhan     Ganmo Electricity Sub-Station     Sardauna     Kaiama     NaAllah     Abdulganiyu Oladosu     Hauwa Nuru     Kwara Muslim Pilgrims Welfare Board     Chief Of Staff     Idris Amosa Oladipo Saidu     Valsolar-Kwara Company Limited     Ahmed     Reuben Paraje     Tescom.kwarastate.gov.ng     Amusement Park     2017 Budget     Katibi Ibraheem Adeola     Alfa Modibbo Belgore     Albert Ogunsola     Al-Adaby     Alliance For Democracy     Olaitan Adefila     Soffiyyallah Kamaldeen     Adamu B. Yaqubu     Tuesday Assayomo     Abdulrazaq Solihudeen     Ilorin West/Asa Federal Constituency     Mohammed Khadijat Kubura     IQRA College     Oluwarotimi Boluwatife Adenike     April 11     Kwara NIPR     Maryam Ado Bayero     Abdulquawiy Olododo     Jare Olatundun     Offa Descendants Union     Olam Food Ingredients     Christopher Tunji Ayeni     Ahmed Mohammed Rifun     Apaokagi     Savannah Centre For Diplomacy, Democracy And Development     Voices Of Tomorrow     Turaki     Oba Abdulraheem     Bamidele Adegoke     Ibrahim Sulu Gambari     Hikmah AbdulKareem     Oloye     GRA     Abdulquowiyu Olododo     Abegunde Goke     Olushola Saraki     NIRSAL     Yekini Adio     Col. Adedipe     Oko     Mamatu Abdullahi     Bello John Olanrewaju     Adolescent Girls Initiative For Learning And Empowerment     Sanusi Abubakar     Sulyman Age AbdulKareem