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.

Obayomi Azeez     Oyawoye     Olusin Of Ijara Isin     Woro     Pacify Labs     Erin-ile     Opaleke Bukola Iyabo     Ubandoma Of Ilorin     Gbemisola Saraki     Olaoye B. Felix     David Oyerinola Adedunmoye     Oba Abdulrahim     Ibrahim Issa Jetti     Bursary     JUSUN     Christopher Ayeni     Bamidele Adegoke     All Peoples Party     Kwara North     Ibrahim Kayode Adeyemi     Elerin Of Erin-Ile     Ahmad Olanrewaju Belgore     Ibrahim Abdulqadir Abikan     KWASEIC     Durbar     M.Y. Abdulrahaman     Kwara State Printing And Publishing Corporation     KSIRS     Abdulkadir Jimoh     Emir Of Kano     AbdulGafar Tosho     Quareeb     Kwara Basketball Association     Ubandawaki     Yusuf Lanre Badmas     Ahmad Fatima Bisola     Ogbondoroko     Bluenile Associates     James Ayeni     Ayobola Ipinlaiye     Baba Adini Of Kwara State     Asiwaju Bola Tinubu     Dan Masanin     Patigi Regatta     Salmon Babatunde Salmon     Raymond Olaitan     Alliance For Democracy     Kwara-SAPZ Project     Aliyu Kora Sabi     Kwara Primary Health Care Development Agency     Sunday Otokiti     Shero     TESCOM 2025     Salihu Yahaya     Ademola Kiyesola     Muslimah Entrepreneurship Forum     Senior Staff Union Of Colleges Of Education     Haliru Dantoro     Paul Olawoore     Mansurat Amuda-Kannike     Adebayo Salami     Kwara Restoration Project     Olabode George Towoju     Vasolar Consultoria     Shuaib Abdulkadir     Danhawa     NIPOGA     Adamu Jemilat-Baki     Smart School     Joana Nnazua Kolo     Wahab Issa     Association Of Kwara State Online Media Practitioners     SDP     Gbenga Adebayo     Baba Issa     Clement Yomi Adeboye     Funmilayo Mohammed    

Cloud Tag: What's trending

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

Kayode Bankole     Oke-Kura     Hakeem Lawal     Raliat Islamic Foundation     Baba Idris     Bolaji Aladie     Afolayan     Abdulmumini Sanni Jawondo     Ndakene     The Herald     KWASIEC     Face Masks     Awodun     Sambo Murtala     Alfa Modibbo Belgore     Shuaibu Yaman Abdullahi     Sabo-Oke     Moro     Alaro     Smart School     Wale Oladepo     Charles Ibitoye     Chartered Institute Of Personnel Management Of Nigeria     Kudirat Arinola Lawal     Ojuekun Sarumi     Yahaya A Paniyaro     Chief Imam Of Offa     Oladimeji Thompson     Toyin Olayinka Tejidini     Tsado Manman     Samuel Adaramola     Abdulraufu Mustapha     Kwara State Council Of Chiefs     Usman Yunusa     Millennium Development Goals     Maigida     Ohoro Of Shao     Sodiya     Benin Republic     Ajibola Saliu Ajia     Kwasu     Taiwo Joseph     Wole Oke     Ibrahim Taiwo Road     Kwha.gov.ng     Henry Makinwa     Olusegun Adeniyi     Bibire Ajape     Muyiwa Oladipo Kanu     11th Galadima     Hakeem Idris     Yusuf Olaolu Ali     Mohammed Ibrahim     CBT     Sarah Alade     Government Girls’ Day Secondary School Pakata     Aasiyat Bello Oyedepo     Bola Iyabo Ibiyeye Adisa     Ilorin South     Garba Idris Ajia     Unilorin FM     Ayodele Olaosebikan     CACOVID     Quareeb Islamic Association     Women For Change And Development Initiative     Obasanjo     Shehu Raheem Adaramaja     Taofik Abdulkareem     Federal Road Maintenance Agency     Gbajabiamila     Ayobola Ipinlaiye     Muideen Olaniyi Alalade     Bashir Adigun     Amuda Bembe     Oba Sulaiman Asude     Muhammed Taofeeq Abdulrazaq     AbdulRazaq Abubakar Jiddah