Kwara State Approves ?584bn Budget for 2025, Boosting Key Sectors
The Kwara State House of Assembly, located in North Central Nigeria, has approved the 2025 Appropriation Bill amounting to Five Hundred and Eighty-Four Billion, Six Hundred and Ninety-Three Million, Four Hundred and Eighty-Six Thousand, Six Hundred and Eighty-Four Naira, Seventy-Two Kobo.
This approval came after an upward revision of the initial sum of Five Hundred and Forty Billion, Three Hundred and Sixty-Eight Million, One Hundred and Nineteen Thousand, Seven Hundred and Sixty-Five Naira, which was presented by the state Governor, Mallam AbdulRahman AbdulRazaq last month.
The assembly increased the appropriation bill by Forty-Four Billion, Three Hundred and Twenty-Five Million, Three Hundred and Sixty-Six Thousand, Nine Hundred and Nineteen Naira, Seventy-Two Kobo. This additional funding will be allocated to key Ministries, including Education, Health, Agriculture, Water Resources, Housing, Youth Development, and Works and Transport, to enhance their operations and service delivery.
Capital Expenditure gulped Three Hundred and Seventy-Nine Billion, Three Hundred and Ninety-Six Million, Six Hundred and Ninety-Four Thousand, Five Hundred And Ninety-Seven Naira, Forty Kobo representing 64.9% while the remaining 35.1% is for the recurrent Expenditure of Two Hundred and Five Billion, Two Hundred and Ninety-Six Million, Seven Hundred and Ninety-Two Thousand, Eighty-Seven Naira, Thirty-two Kobo.
The Speaker of the House, Engineer Yakubu Danladi-Salihu in his remarks, explained that Kwara State has continued with the template of the Nigeria Governors' Forum out of the conviction that it is in line with global best practices in budgeting.
Engr. Danladi-Salihu noted that the National Charts of Accounts that was adopted and domesticated in the preparation of the 2024 Budget is also sustained adding that the 2025 budget of the State is in full compliance with the SABER template.
He also praised the Chairman of the House Committee on Finance and Appropriation, Fatima Arinola Lawal, and other lawmakers for what he noted was a job well done and charged them to work for the substantial implementation of the budget in line with the constitutional provision.
The Speaker appreciated the Clerk and management of the House particularly the Budget, Planning Research & Statistics Department, the Committee Clerks, and, the entire staff of the House for their usual commitment and hard work and called on all Kwarans for their continuous support for the state government.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Suleiman Abubakar MMWG Edu Olayinka Are Oyawoye Olatunji Bamgbola Funke Adedoyin Oro Grammar School Old Students Association Raheem Adaramaja Yahaya Jibril Usman Abdullah Janet Amudat Olushola Saraki Bature Bello Malete Ilesha-Baruba Zaratu Umar Ophthalmological Society Of Nigeria Yusuf Amuda Gobir Ekiti Rotimi Samuel Olujide Offa Metropolitan Club Kwara State Coalition Of Business And Professional Associations Oluwatoyin Lukman Saad Omo\'ya Ezekiel Yissa Benjamin AbdulKareem Yusuf Danhawa Abubakar Imam Oladimeji Thompson Revenue Court SARS Abdulfatai Baakini Niyi Ogundiran Kwara State Fire Service Yahaya Dumoye Hakeem Idris Shuaibu Yaman Abdullahi Wahab Agbaje Laduba Olusegun Adeniyi Neuropsychiatric Hospital Modibo Kawu Bayer AG Principal Private Secretary Osi Bayo Onimago Lafiagi Ramadan Sunday Popo-Ola Salake Emir Of Shonga Abdulmumini Jawondo Eghe Igbinehi Shururat Olatinwo Kwara State Health Insurance Agency Chikanda Musa Alhassan Buge Yahaya Oloriegbe Ademola Kiyesola KWATMA Abdulwahab Olarewaju Issa Sardauna Ojo Isekuse Femi Gbajabiamila Garba Ado Sanni Forgo Battery Company Limited Vasolar Consultoria Abubakar Aliagan Paul Olawoore NIRSAL Abdul-Rahoof Bello Kwara North Olomu Of Omu-Aran Islamic Development Bank Sulaiman Gado Saliu Tunde Bello Bola Shagaya Abiodun Abdulkareem

