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.

NIPOGA     Taofeeq Olateju     AbdulKareem Yusuf Danhawa     VADA     Yusuf Babatunde Abdulwahab     Alikinla     Olayinka Are     Oko Erin     Lanre Olosunde     Bashirat Bola Bello     Abdullahi Imam Abdullahi     Logun     Kamaldeen Gambari     Muhammed Akanbi     Kayode Zubair     Mahe Abdulkadir     Adanla-Irese     Ilorin Emirate Staff Association     Olosi Of Osi     Abdulrazaq Aiyelabegan     Shuaib Abdulkadir     Sunday Popo-Ola     Elesie Of Esie     SSUCOEN     Kunbi Titiloye     David Adesina     Moji Makanjuola     Government Girls’ Day Secondary School Pakata     Moses Afolayan     Code Of Conduct     Principal Private Secretary     Valsolar     Olomu Of Omu-Aran     Hassan Taiye Salam     Dan Iya     Prince Sunday Fagbemi     Kwara State Internal Revenue Service     JUSUN     Jimoh Saadudeen Muhammed     Ramat Oganija     Kwabes     Oniyangi     Quranic Recitation Competition     Taofik Abdulkareem Babaita     Dogara     Amos Sayo     Rafiu Ibrahim     Joseph Bamigboye     Kale Ayo     Jide Ashonibare     Saka Aleshinloye     Kola Shittu     Tafida Of Ilorin     Dan-Kazeem     Olofa Of Offa     National Party Of Nigeria     Kunle Akogun     Kwara Polytechnic     Salmon Babatunde Salmon     KwaraLearn     Zainab Abass     Abegunde Goke     Igbomina     Agbarere     Femi Ogunsola     Kubra Kazum     Olukotun Of Ikotun     Arandun     Yusuf Zulu-Gambari     Hakeem Idris     Abdullahi G. Mohammad     EndSARS     Shaaba Lafiagi     Michael Nzekwe     Gamji Members Association     Lasiele Alabi Yahaya     Khadijat Ayoola Yusuf    

Cloud Tag: What's trending

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

Umar Ahmed Gunu     Taofik Abiodun Ahmed     Sheriff Olanrewaju     Olanrewju Okanlawon Musa     Adesoye     Ahmad Lawan     Ayedun     Danhawa     Sulu Gambari     Kwara Restoration Project     Afonja     Babata     Olumide Daniel Ibitoye     National Information Technology Development Agency     GRA     Face Masks     Dapo Teni Nig Enterprise     Tayo Alao     Sa\'adu Salau     Akeem Lawal     Aliyu Umar     Mukhtar Shagaya     Rafiu Ibrahim     Kubra Kazum     Umar Adelodun     Gobir     AbdulHakeem Ajibola Akanbi     Iqra Books     Ibraheem Adeola Katibi     Umar Yakubu Jaja     Musbau A. Akanji     N-Power     Ronke Adeyemi     James Ayeni     Kwara NIPR     Dan-Kazeem     Abdullahi Adisa Akodudu     Ayekale     Bankole Omishore     Olupako     Shagari     Otoge     ENetSuD     Belgore     Gaa Olobi     Ilorin Descendants Progressive Union     Saeedat Aliyu     Eleja Taiwo Banu     Solomon Edoja     Opobiyi     Aliyu Adebayo     Hauwa Nuru     Ilorin General Hospital     AbdulFatai Adeniyi Dan-Kazeem     Saba Mamman Daniel     Bamidele Aluko     Onilorin Of Ilorin     Kwara United     Hamza Usman     AbdulRahman Saad     Yahaya A Paniyaro     Lawal Arinola Kudirat     Presidential Election     GAMA     Olugbense     Kola Olota     Diagnostic Centre     Saka Keji     Tunde Idiagbon Road     Folorunsho Alao     Code Of Conduct Tribunal     Orisun Igbomina     Chief Imam Of Omu-Aran     AGM Professional Services     Bolaji Nagode     Mujtabah Bature     Shuaib Boni Aliyu