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.
Alfa Yahaya Road Chief Imam Of Offa Abdulazeez Arowona Gbemi Saraki Toyin Falola Col. Adedipe Opaleke Bukola Iyabo Ijagbo Health Centre Ilorin Emirate Sidikat Alaya Ajibola Saliu Ajia Jimoh Saadudeen Muhammed Local Government Pension Board Umar Danladi Shero Www.Kwarareports.com PAACO-PCL Consortium Amusement Park Kisira Emir Of Lafiagi John Dara Yusuf Amuda Aluko Amuda Aluko Harafat E. Mukadam M.Y. Abdulrahaman Yinka Aluko Afeyin-Olukuta College Of Health Erin-ile Split Diamond Interchange Barakat Community Secondary School Saliu Alamoyo Vasolar-Kwara Company Ltd Suleiman Idris Mohammed Yisa Damilola Yusuf Mufutau Gbadamosi Esuwoye Yusuf Abdulwahab Undergraduate Bursary Dan-Kazeem Olayinka Oladapo Jogunola Yeketi Gbemisola Oguntimehin Shero Unicontinental Construction Company Femi Oladiji Nigeria Foundation For Artificial Intelligence Dan Iya Yakubu Danladi Oba Of Jebba Aminu Adisa Logun Awwal Jawondo Government House AGILE Programme Shao CT Ayeni Seun Bolaji Moses Afolayan Niyi Osundare Kolawole Akande CCEPE Muhammad Yahya Jebba Deji Ajani Face Masks Nigeria Governors\' Forum TESCOM Majlis For Sadakah, Zakat And Waqf Babs Iwarere Femi Agbaje Dasuki Belgore The Herald Photo News Temitope Ogunbanke Folajimi Aleshinloye Yashikira Talaka Parapo Agboola Abdulraheem

