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.

Abraham Ojo     Magaji Are     Gobir Organization Foundation     Baba Idris     Tunji Olawuyi     Onikijipa     Sarakite     Oko Erin     Salman Alada     Majlis For Sadakah, Zakat And Waqf     Ibrahim Mashood     Sarkin Malamai     AGM Professional Services     Sayomi     Mohammed Yahaya Barki     Colleges Of Education Academic Staff Union     Federal Road Maintenance Agency     Aminat Ahmed     CCB     Balogin Alanamu     Unilorin FM     Yusuf Abdulwahab     Onilu     Aremu Odolaye     Cornelius Adebayo     Ijagbo     Saad Omo\'ya     Olaoye B. Felix     Tafida     Sadiq Umar     Egbewole     Adamu Ibrahim Sabi     Shuaibu Yaman Abdullahi     Mujtabah Bature     Saeedat Aliyu     LAK Jimoh     Local Government Pension Board     Nigerian Supreme Council For Islamic Affairs     Rabiu Kwankwaso     Adama Isa     Kamaldeen Ajibade     Mansurat Amuda-Kannike     Imodoye Writer’s Enclave     Akande Idowu Ayoola Muhammed     NIPOGA     Alimi     Okin Malt     Kwara State Football Association     Issa Oloruntogun     Dapo Teni Nig Enterprise     Mogaji Aare     Ishola Balogun Fulani     Kola Shittu     Aliyu Adebayo     Isiaka Rafiu Mope     Nigerian Medical Association     LEAH Charity Foundation     Garment Factory     LABTOP     Gbenga Olawepo     Belgore     David Oyepinola Adedumoye     IsDB     Laboratory-to-Product     Ike Ekweremadu     Yemi Osinbajo     Veterinary Teaching Hospital     Bayo Lawal     Bola Sagaya     Abdulmajeed Abdullahi     Mohammed Katsina Ahmed     Bisi Oyeleke     Vasolar Consultoria     Tunde Yusuf     Abiodun Oyedepo     Sardauna     Malete    

Cloud Tag: What's trending

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

Osinbajo     Wahab Egbewole     Timothy Akangbe     Amusement Park     Taofeek Ibraheem     Umar Ayinla Saro     Rapheal Ashaolu     Veterinary Teaching Hospital     Isiaka Abdulrazak     HICA     Countryside Emerging Leaders Fellowship     Nigeria Foundation For Artificial Intelligence     Elekoyangan     Musa Yeketi     NNPP     Sheikh Ariyibi     Yusuf Amuda Aluko     Fatima Abolore Jimoh     Damilola Yusuf Adelodun     Kwara State Fire Service     Coronavirus     Jimoh Akani     Jebba     Jamila Bio Ibrahim     Gbenga Olawepo     Fatai Olodo     Baba Idris     Garuba Alikinla Shittu     Ola Falade     Abubakar Suleiman     Ilorin Durbar     Ajidagba     Onikijipa     Atiku Abubakar     Haliru Dantoro     Makama     Monthly Sanitation     Kayode Oyin-Zubair     Oba Mogaji Abdulkadir     Zainab Abass     Eleyele     Bolaji Aladie     Zulu Gambari     Shonga Farm Project     Bisi Kristien     Oya State     Muhammad Akande Olarewaju Odunade     Kanu Agabi     Aliyu Adebayo     Quarry Royal Valley     Sabitiyu Grillo     Tunji Folami     Salmon Babatunde Salmon     Ubandawaki     Kunle Akogun     SWAN     NYSC     Musa Ayinla Yeketi     John Dara     Gambari     Akom Construction And Engineering Synergy Ltd     Kwara State Television     Nupe     Bankole Omisore     Ilesha-Baruba     SARS     Abioye Bello     Dunmade     Mustapha AbdulGaniyu     Ajia-Bako     Aliyu U. Tilde     Oye Tinuoye     Baboko Primary School     Razaq Atunwa     Aminat Omodara     Alabere     Emir Of Lafiagi