Capital projects get 56% as Kwara gov signs budget

Date: 2022-01-29

The Kwara State Governor, AbdulRahman AbdulRazaq, has signed into law the 2022 budget of N189.62bn, with 56 per cent allocated to capital expenditure and 44 per cent to recurrent expenditure.

The budget was passed by the state’s House of Assembly on Thursday.

The budget proposal from the executive had pegged the capital expenditure at 55.3 per cent while the recurrent stood at 44.7 per cent.

Speaking shortly after signing the budget on Friday, the governor said the budget captured workers’ promotion and the consequential adjustment component of the national minimum wage, the payment of which he said began this month.

A statement by his Chief Press Secretary, Rafiu Ajakaye, said, “Some of the highlights of the budget included the implementation of the consequential adjustment of minimum wage and paying some salary arrears that could not be paid by the previous administration.

“We are equally doing cash backing of promotions. Those are some of the major challenges for the administration. We will also focus on completing ongoing infrastructural projects, job creation and expanding the economic base of the state. We will try to ensure full implementation of the budget as much as revenue permits.

“I must commend the House for doing the needful to ensure that the budget is passed on time. We appreciate the work you have done.”

The Speaker, Kwara House of Assembly, Yakubu Salihu-Danladi, who commended the administration for its commitment to development, reaffirmed the determination of the House towards effective lawmaking in the state.

He said, “The budget was presented on the 22nd of December, 2021 and the Assembly began work immediately. We invited ministries, departments and agencies for budget defence. We scrutinised and passed the budget yesterday (Thursday).

“The budget is truly a budget of sustainable development and economic growth. The capital votes favour projects that will touch the lives of the people and reforms that would attend to decayed infrastructure. With these projects, our state will move to the next level infrastructure-wise.

“The two previous budgets passed by this Assembly show the prudence, integrity and transparency of this administration. It is our belief that the prudence and transparency that played out in the previous ones will play out with this too.”

According to him, most of the projects cut across the three senatorial districts while the recurrent expenditure also aptly caters to the people’s welfare.

 

Cloud Tag: What's trending

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

Prince Bola Ajibola     Lucky Omoluwa     Niyi Osundare     Yusuf Ali     Musa Aibinu     Kwara State Pension Board     Katibi Ibraheem Adeola     Jimoh Saadudeen Muhammed     Ahmad Olanrewaju Belgore     Idi-Ape     ASKOMP     Centre For Community Empowerment And Poverty Eradication     Sherif Sagaya     Oke-Kura     Lawan     Raji Ayodele Kamaldeen     20 Billion Bond     Amasa     Alfa Modibbo Belgore     Adebara     Gbugbu International Market     Bayo Lawal     Dar-Al-Handasah Consultants     Garba Ado Sanni     Abubakar Usman Jos     Eleja Taiwo Banu     Iyabo Adewuyi     Olukotun Of Ikotun     Folaranmi Aro     Kola Ologbondiyan     Shettima     Democracy Day     Baba Idris     Segun Olawoyin     Eleja     Ahmad Olayiwola Kamaldeen     Olanrewju Okanlawon Musa     AbdulRazaq Jiddah     COVID     Toyosi Thomas     Abubakar Atiku     Ajibola Saliu Ajia     Shehu Alimi Foundation For Peace And Development     Oluwatoyin Lukman     Kayode Ishola     Village Alive Development Association     Ajeigbe     Bello Abubakar     Saka Aleshinloye     Nigerian Medical Association     Magaji Nda     Emir Of Yashikira     Vishvas KOZ Tractors     Ishaq Oloyede     Pacify Labs     Farouk Salim     Ayodele Shittu     Tayo Alao     Aishat Sulu-Gambari     Trade Lenda SME Fair     Ubandoma     Alapado     AbdulHamid Adi     Adama Isa     Ilorin Talaka Parapo (ITP)     Baruten     Ebola     Tuesday Assayomo     Abdulfatai Baakini     JMK Construction Company Limited     HICA     AbdulRahman Saad     Gambari     Olomu Of Omu-Aran     Saheed Akinwumi     Rafiu Ibrahim     Ilorin    

Cloud Tag: What's trending

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

Bahago     Ilorin Durbar     A.E. Afolabi     Saudat Abdulbaqi     Wahab Kunle Shittu     VADA     Okeose Christian Cementary     HICA     Ajeigbe     Ita-Ore     Gurei     Umar Gunu     Kale Ayo     Congress For National Consensus     Ayo Adeyemi     Kola Adesina     KWASIEC     Yusuf Olaolu Ali     Local Government Pension Board     Popo-Igbonna     Majlis For Sadakah, Zakat And Waqf     David Adesina     Ezekiel Yissa Benjamin     JSSCE     20 Billion Bond     Baba Issa     MMWG     Aliyu Salihu     Oye Tinuoye     Abdullahi AbdulMajeed     Ado Bayero     Lateef Ademola Olatunji     Oke-opin     Abdulrahman Abdulrazaq     Omoniyi     Aminu Ado Bayero     Halimat Yusuf     TESCOM     Memunat Monsuma     Law School Scholarship     Yusuf Amuda Abubakar     CUTI     Tsado Manman     TESCOM 2025     Gbenga Olawepo     Fareedah Dankaka     Monthly Sanitation Exercise     Ajasse-Ipo     Moro     Sherif Shagaya     KWASEIC     Ghali Muhammed     ITEM 7     Bursary     Olayinka Olaogun     Kolawole Bashirat     Kayode Laro     Lawal Olohungbebe     Lafiagi     Saba Mamman Daniel     Quareeb     Abdulrahman Abdulrasak     Akeem Lawal     Magaji Nda     Olosi Of Osi     Abubakar Usman Jos     Salman Suleiman     Issa Baba     Shonga Farm Project     Kazeem Adekanye     Jumoke F. Ajao     Mashood Abdulrafiu Agboola     Abdulfatai Baakini     JMK Construction Company Limited     Lai Mohammed     Ijagbo Health Centre     Post Utme