Kwara Gov signs 2022 budget as CAPEX hits 56%

Date: 2022-01-28

•budget prioritizes project completion, workers’ welfare

•House commends govt for prudence

Kwara State Governor AbdulRahman AbdulRazaq on Friday signed the 2022 budget, with the capital expenditure now pegged at 56%, indicating a commitment to complete many of the ongoing infrastructural projects.

The size of the budget is *N189,617,487,624* -- 44% of it being for recurrent expenditure. The House passed the budget on Thursday.

The proposal from the executive had pegged the CAPEX at 55.3% of the total package while the recurrent stood at 44.7%.

Speaking shortly after signing the budget, the Governor said the budget also captured workers’ promotion and the consequential adjustment component of the national minimum wage — the payment of which begins this month amid applause from various labour unions.

"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,” he said, in what underscored his passion for workers’ welfare.

“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.”

Some of the dignitaries at the budget signing are House of Assembly Speaker Rt. Hon. Yakubu Danladi-Salihu;

Deputy Speaker Hon. Raphael Adetiba; Leader of the House Hon. Mogaji Olawoyin; Chairman House Committee on Finance and Appropriation Hon. Ibrahim Ambali; Commissioners for Finance and Planning and Economic Development Florence Olasumbo Oyeyemi and Remilekun Banigbe; Special Adviser on Strategy Saadu Salau; and Clerk of the House Halimat Jummai Kperogi.

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

He added: “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 infrastructural wise.

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

“Most of the projects cut across the three senatorial districts while the recurrent also aptly caters for the people’s welfare.”

He commended his colleagues for their hard work and commitment to the success of the administration.

 

Cloud Tag: What's trending

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

Amosa     Baba Isale     Taofik Abdulkareem Babaita     Cornelius Adebayo     Obasanjo     Ganmo Power Sub-Station     Baaziki Sulaiman     Iyaloja-General     Binta Abubakar Mora     Mohammed Jimoh Faworaja     Jide Oyinloye     Smart School     First Lady     Omar Gambari     AGF Abdulrazaq     Akeem Olatunji     Oyedun Juliana Funke     Royal FM     Kayode Issa     Musa Abdullahi     Saka Onimago     Ilorin Emirate Staff Association     Tafida     Abdulmumin Yinka Ajia     Jani Ibrahim     Federal College Of Education (Special), Afon     Adamu B. Yaqubu     IFK     Mumini Ishola Hanafi     Junior Secondary School Certificate Examinations     Segun Adeniyi     Shao     Mohammed Ajia Ibrahim     Bola Ahmed Tinubu     Saidu Isa     Mohammed Katsina Ahmed     Afolabi-Oshatimehin Adenike Harriet     Vasolar-Kwara Company Ltd     Yahaya Oloriegbe     Aisha Gobir     Shagari     Ayobami Akanbi     Salman Jawondo     Oba Mogaji Abdulkadir     Naira Redesign     Oro Grammar School Old Students Association     Olayinka Oladapo Jogunola     Mansurat Amuda-Kannike     BECE     Yahaya Muhammad     IsDB     Abdulrasheed Akogun     Olumide Daniel Ibitoye     Jimoh Olusola Imam     Anilelerin     MMWG     Kubra Kazum     Trader Moni     Wasiu Odewale     Sulaiman Gado     Adesoye     Abdullateef Abdussalam     Patience Jonathan     Offa Descendants Union     Harafat E. Mukadam     Kwara Muslim Pilgrims Welfare Board     Ijagbo Health Centre     Chief Imam Of Ilorin     National Union Of Road Transport Workers     Jimoh Akani     Ramat Oganija     Shero     Yahaya Abdulkareem     Alfa Modibo Belgore     Standard Organization Of Nigeria     Oniyangi Kunle Sulaiman     Kola Adesina    

Cloud Tag: What's trending

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

Micheal Imodu-Ganmo Road     Markaz Arabic And Islamic Training Institute, Agege     Mahee Abdulkadir     Amos Bajeh     Raliat Elelu-Habeeb     MINILS     Babata     Mopelola Abdulmaliq-Bashir     Isau     Salary     Salami Adekunle     Saidu Kawu     Saadu Alanamu     Rihanat Ajia     Overland     Facebook     Modupe Oluwole     Third Estate     Abiodun Musa Aibinu     Muhammed Aliyu     Mary Arinde     Alabi Olayemi Abdulrazak     Jaiz Bank     Post-utme     Oke-Oyi     Tafidan Kaiama     Abdulmajeed Abdullahi     Kabir Shagaya     Musa Abdullahi     Sheikh Hamzat Yusuf Ariyibi     Suleiman Abubakar     Kwara State Sports Commission     Simon Sayomi     Wasiu Onidugbe     Gbajabiamila     AbdulGaniyu Kareem     Bola Magaji     Yakubu Dogara     Sambo Murtala     Folashade Omoniyi     Forgo Battery Company Limited     KWATMA     Apaola     Buari Edun     Alfa Modibo Belgore     Mohammed Saidu     Abdulraufu Mustapha     Coalition Of Kwara North Groups     Rebecca Olanrewaju     Abdulganiy Abimbola Abdussalam     Sheriff Shagaya     Sarah Alade     Lola Ashiru     Bola Tinubu     Barakat Community Secondary School     Madawaki     Belgore     ASKOMP     Mustapha Olanipekun     Balikis Jawondo     Olomu     Biliaminu Aliu     Osuwa     Sheu Ndanusa Usman     Kulende-UITH     Dan Iya Of Ilorin     Hauwa Nuru     Bola Sagaya     Akanbi-Oke     Umar Bayo Abdulwahab     Sa\'adu Gambari     Senate President     Taofik Abiodun Ahmed     Femi Gbajabiamila     N-Power     Akorede     Tunde Idiagbon Road