Kwara Assembly Passes N292.7bn 2024 Budget, Reduces Estimate

Date: 2024-01-25

The Kwara State House of Assembly on Wednesday, January 24, passed the state's 2024 appropriation bill of N292.7 billion.

The approved budget is lower than the initial N296.4 billion estimate presented to the Assembly by Governor AbdulRahman AbdulRazaq in December 2023, having reduced it by N3.7 billion.

The passage followed the presentation of a report of the House Committee on Finance and Appropriation on the Proposed Year 2024 Budget by its Chairman, Arinola Fatimoh Lawal, representing Ilorin East Constituency.

The approved appropriation bill reflected an increase in total capital expenditure to N180.21 billion, surpassing the governor's initial proposal of N178.905 billion, while the recurrent expenditure was reduced to N113.836 billion, from the budgeted N116.43 billion.

The Speaker of the Assembly, Yakubu Salihu-Danladi, who presided over the plenary, conveyed hope that the budget would significantly improve the lives of the state's residents.

The Speaker further directed the Clerk, Olayiwola Ahmed, to produce a clean copy of the bill for the governor's assent.

The ICIR reports that the state government had stated in December 2023 that capital expenditure took the lion's share of N180 billion, representing 61 per cent of the total fiscal plan, while the recurrent component got N116 billion, or 39 per cent of the proposed budget.

“This fiscal plan will prioritise the completion and unveiling of several of our legacy projects and the introduction of a few other ones that centre around the welfare of the people. I am glad to inform this Honourable House that the Ilorin Capital City Master Plan will officially produce what we call the Ilorin Smart City Satellite Town, which will cover an area estimated at 18,000 hectares. This city is modelled after sustainable, green cities around the world, such as Washington DC. The groundbreaking of this huge project will be done next year, God willing,” he had said.

The governor also highlighted key projects while presenting the budget, noting that it would expand 13 hospitals and construct 250 housing units across the state.

“Some other highlights include the establishment of the Kwara State University Teaching Hospital; Kwara State University of Education; completion of the first phase of the industrial park at Eiyenkorin; MSMEs Support Funds; rehabilitation of Ilesha Baruba Waterworks and others elsewhere in the state; construction of statewide rural access roads through RAAMP; rehabilitation of Isanlu Isin Waterworks and extension of pipes; rehabilitation of Pampo Waterworks and extension of pipes, among others,” he had added.

Source

 

Cloud Tag: What's trending

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

Amos Sayo     Muhammed Danjuma     Ayobola Ipinlaiye     Yoonus Lawal     Jimoh Saadudeen Muhammed     National Information Technology Development Agency     Prince Sunday Fagbemi     KWASIEC     Oke-Ogun     Peter Obi     Jimoh Akani     Ibrahim Abdulkadir Abikan     NaAllah     Iliasu     Mumeen Lah     Academic Staff Union Of Universities     Hassan A. Saliu     Umar Bayo Abdulwahab     Abdulahi Abubakar Bata     Saka Adeyemo     Opaleke Bukola Iyabo     Dan Iya     Unicontinental Construction Company     University Road     SDP     Aliyu Sabi     Ramat Oganija     Sardauna Of Ilorin     Na\'Allah     Gbadeyan Gbadura Yomi     Ibikunle Ogunleye     Jumoke Monsura Gafar     Usman Yunusa     Aisha Ahman-Pategi     Mashood Abdulrafiu Agboola     Afeyin-Olukuta     11th Galadima     Saba Mamman Daniel     Abdulrasheed Na\'Allah     Bamikole Omishore     UITH     Mazars Consulting     Okala Baba     Abdulmumini Jawondo     Niyi Osundare     Dankaka     ITP     Makama Of Ilorin     Oasis Muslim Care Foundation     Mutawali Of Ilorin     Women Radio     Saka Asiat Ayinke     KWATMA     BIR     Muhammad Sirajo Aliyu     Kamaldeen Kehinde     Oloruntoyosi Thomas     Omoniyi M. Ayinla     T And K FOODS     Abikan     Umar Sanda Yusuf     Millennium Development Goals     Galadima     Ayodele Olaosebikan     Olateju Lukman     ER-KANG Mining     Dar-Al-Handasah Consultants     Mohammed Abduraheem     General Hospital, Offa     Erubu Oba Zubair     Bankole Omishore     Oluwatoyin Lukman     Kunle Suleiman     AbdulGafar Tosho     Seed Technologies     Salau Kabiru Abdullahi     KWSIEC    

Cloud Tag: What's trending

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

Awili Pedro     Oyelere Oyinloye     Ilorin Talaka Parapo     AbdulHamid Adi     Abdulrasaq Alaro     Chief Imam Of Omu-Aran     Sayomi     Kaosarah Adeyi     Ibrahim Sulu Gambari     Ibrahim Oniye     Iyabo Adisa Ibiyeye     Quareeb     Students Union Government     Nigeria Foundation For Artificial Intelligence     Yusuf A. Usman     Kishira     Ilorin West     Overland     Saeedat Aliyu     GRA     UNILORIN Alumni Association     Salmon Babatunde Salmon     Bola Olukoju     Kwha.gov.ng     Kwara State Infrastructure Development Fund     John Dara     Oni Adebayo     Kwara Politics     Okala Baba     CCB     Yusuf Arowosaye     Jaiz Bank     Tescom.kwarastate.gov.ng     Ministry Of Women Affairs And Social Development     Muhammad Sirajo Aliyu     Hassanat Bello     Abubakar Baba Sulaiman     Akanji     Abdullahi Imam Abdullahi     Osi     Dele Belgore     Opaleke Bukola Iyabo     Jimoh Olusola Imam     Umar Adelodun     Rashidi Yekini     Olabode Towoju     Abdulfatai Ahmed     Jani Ibrahim     Tunji Moronfoye     Tinubu     Adebayo Salami     CACOVID     Abdulmumini AbdulRazaq     Abdulmumini Sanni Jawondo     Adanla-Irese     Madawaki     KFA     Government High School (GHS), Adeta     Paul Olawoore     Oyin-Zubair     Abdulkareem Alabi     Rebecca Bake     NURTW     Segun Olawoyin     Odo-Owa     Guber Aspirant     Usman Yunusa     KWAFFA     Elese Of Igbaja     Shehu Alimi Foundation For Peace And Development     Kwarareports.com     Bolaji Aladie     Olohungbebe     First Lady     Yakubu Shaaba     Ojuekun Sarumi     Gbemisola Saraki