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.

Abdulganiyu AbdulAzeez     Alliance For Democracy     Kunle Okeowo     Umar Ayinla Saro     Olayinka Are     Abdulkarim Adisa     Falokun-Oja     Baba Isale     Fareedah Dankaka     Ajuloopin     Toyin Saraki     Chief Imam Of Offa     Abdulfatah Ahmed     Kola Bukoye     ASMAU PLAZA     Muhammad-Mustapha Suleiman     Rabiu Kwankwaso     Aliyu Kora-Sabi     Zainab Abass     Ibrahim Issa Jetti     Yusuf Lawal     Ilorin Like-Minds     CBT     Tafidan Kaiama     Dar-Al-Handasah Consultants Ltd     Saad Omo Iya     Tosho Yaqub     Damilola Yusuf Adelodun     Ibrahim Orire     Olubukola Kifayat Adedeji     Haashim Initiative For Community Advancement     Segun Adeniyi     NAWOJ     Ndama Al-hassan     Kayode Alabi     Saliu Alamoyo     Ministry Of Women Affairs And Social Development     Jimoh Akani     Sabi     Omupo     Admiralty Villa     Isau     Shuaibu Yaman     S.O. Opowoye     Ibrahim Mashood     Bola Tinubu     Amos Justus Sayo     Tunde Yusuf     Oluwarotimi Boluwatife Adenike     Niyi Osundare     Abdulhakeem Adelaja Amao     NURTW     Ademola Kiyesola     Abdulrahman Abdulrazaq     Segun Abifarin     Simon Sayomi     AbdulHakeem Ajibola Akanbi     Idris Garuba     Ilorin     Ijakadi     NIPOGA     Jumoke Monsura Gafar     JAMB     Solomon Edoja     Majlis For Sadakah, Zakat And Waqf     Kwabes     Esuwoye     Biliaminu Aliu     Labour Party     Oniwa     Sobi Specialist Hospital     GGDSS Pakata     Yemi Osinbajo     Kwara State Fire Service     Abdulkadir Remi Hawawu     Oloriegbe     Abdulkadir Bolakale Sakariyah    

Cloud Tag: What's trending

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

Dar-Al-Handasah Consultants Ltd     Segun Adeniyi     Saliu Mustapha     Doyin Group     Yusuf Lanre Badmas     Obayomi Azeez     Musa Abdullahi     GGDSS Pakata     Rachael Obisesan     Wahab Olasupo Egbewole     Kwara 2019     Post-utme     Solomon Edojah     Lafiagi     Isiaq Khadeejah     Reuben Paraje     Aishatu Ahmed Gobir     Adesina Simon Sodiya     Rebecca Bake     Okiki     Elewu     Isiaka AbdulRazaq     Amoyo     Toyosi Thomas     Mahe Abdulkadir     Amos Bajeh     Moses Rahman Popoola     Ilorin Airport     Jide Oyinloye     Olokoba     Dan Iya     Tunde Yusuf     CCB     Olatunde Michaels     Ajase-Ipo     Olomu Of Omu-Aran     Ahmed Mohammed Rifun     Abdulrazak Shehu Akorede     Ministry Of Women Affairs And Social Development     Kwara Teaching Service Commission     Afolabi-Oshatimehin     Aliyu Muyideen     Illyasu Abdullahi     Ajidagba     Temi Kolawole     Ladi Hassan     Pategi     Saka Balikis Kehinde     Ayodele Kuburat Olaosebikan     Communication Network Support Services     Abdulrazaq Akorede     Owo Isowo     Abubakar Baba Sulaiman     Ibrahim Taiwo Road     Adesoye     SUBEB     Okala Baba     Bankole Omisore     Egbejila     Yoruba     IF-K     Sidikat Uthman Ajibola     Amule     SSUCOEN     Gbemisola Saraki     Government High School Adeta     Umar Ayinla Saro     Lanre Badmus     Abdulrahman Onikijipa     CACOVID Palliatives     Oluranti Idowu     Erubu     Jumoke F. Ajao     Oyin-Zubair     Ayoade Akinnibosun     NULGE     Elerin Of Erin-Ile