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.

Idris Amosa Oladipo Saidu     Monsurat Omotosho     Fatimoh Lawal     Irepodun     Isapa     Igosun     Unilorin     Salihu S. Yaru     Amoyo     Sadiq Umar     Oba Abu     Lanre Olosunde     COVID-19 Palliatives     Abdulazeez Uthman     Kolawole Akande     Muhammad Akande Olarewaju Odunade     Saka Keji     Susan Modupe Oluwole     Bahago     Adam Abdullahi Al-Ilory     Baba Issa     Yusuf Abdulkadir     T And K FOODS     Mukhtar Shagaya     Ibrahim Abduquadri Abikan     Adamu Atta     Olatomiwa Williams     Olatunji Bamgbola     Fatai Adeniyi Garba     Kwara State Health Insurance Agency     Colleges Of Education Academic Staff Union     Idris Garuba     Bayo Onimago     Lithium Deposit     Voices Of Tomorrow     Societe Generale Bank Of Nigeria     Ojuekun Sarumi     Titus Suberu-Ajibola     Jare Olatundun     Abdulfatai Salman Baakini     Pategi     Abdullah Janet Amudat     Reuben Paraje     Quranic Recitation Competition     National Union Of Road Transport Workers     Wahab Abayawo     Kumbi Titilope     Iponrin     Countryside Emerging Leaders Fellowship     Muhammed Aliyu     Suleiman Rotimi Iliasu     Ahmad Lawan     Saka Isau     Yahaya Oloriegbe     Nigeria Customs Service     Oja-Oba     Abdulrahman Abdulrazaq     Akume     Tanke     Dumagi     Baaziki Sulaiman     Salihu Ajibola Ajia     Isaac Aderemi Kolawole     MalHub     Jimoh Bashir     Oniyangi     Isiaka Abdulrazak     Yusuf Ibitokun Sherifat     Abdulazeez Arowona     Usman Yunusa     Ilofa     Sanitation Exercise     Kamaldeen Ajibade     Saliu Mustapha     Abdullahi Imam Abdullahi     Yusuf Arowosaye     International Vocational Centre    

Cloud Tag: What's trending

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

Principal Private Secretary     Malete     Ilorin Likeminds Foundation     Oni Adebayo     Saliu Ajibola Ajia     Okin Biscuits     Abraysports FC     Illyasu Abdullahi     Ahmed Shuaib Buranga     Elese Of Igbaja     Aliyu Adebayo     Jumoke Gafar     Rafiu Ajakaye     Obayomi Azeez     Adamu B. Yaqubu     Jimoh Saadudeen Muhammed     Titus Ashaolu     Joshua Adeyemi Adimula     Iyiola Oyedepo     Adeniyi Ojo     Kulende-UITH     AbdulGaniyu Kareem     Gamji Members Association     Overland     The Herald     Baba Issa     CCEPE     Razak Atunwa     Akande Idowu Ayoola Muhammed     Muslim Cementary     Abdulhakeem Adelaja Amao     Hassan Abdulazeez Elewu     Kamaldeen Gambari     Salman Alada     Taofik Abdulkareem     Adebayo Salami     TETFUND     Haliru Yahaya     Taofik Mustapha     Taiwo Joseph     Tunji Oyawoye     David Adesina     Tafida     Mufutau Gbadamosi Esuwoye     Sobi Hill     Oyeyemi Olasumbo Florence     Public Holiday     Rafiu Ibrahim     Adedayo Yusuf Abdulkareem     Saka Abimbola Isau     Funmilayo Zubair     Falokun-Oja     Abiodun Musa Aibinu     Sherif Shagaya     Ahmed Saidu Rufai     EndSARS     Aisha Gobir     Baba Isale     State Bureau Of Internal Revenue     Senior Ibrahim Suleiman     Gani Saadu     Yahaya A Paniyaro     Ronke Adeyemi     Code Of Conduct Bureau     Olaiya Zuberu     Yinka Aluko     Garuba Alikinla Shittu     Oluwarotimi Boluwatife Adenike     Yahaya Abdulkareem     Lanwa     Toun Okewale-Sonaiya     Bank Of Industry     Alanamu     Valsolar     Raimi Iyanda     Doyin Group     MMWG