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.
Oba Mogaji Abdulkadir Undergraduate Bursary Binta Abubakar-Mora Olatinwo Abubakar Olusola Saraki Oro Grammar School Olaitan Buraimoh CACOVID Palliatives Ahmed Alhasssan Ibikunle Ogunleye Shehu Jimoh KFA YAKOOYO Olota Of Odo-Owa Tunji Oyawoye Ilorin Saka Aleshinloye Shehu Raheem Adaramaja Lithium Abraysports FC Ajase-Ipo Yahaya Seriki Olusola Saraki Wahab Olasupo Egbewole Muhammad Yahya Mufti Of Ilorin NaAllah Mohammed Jimoh Faworaja Okin Group Kayode Alabi Col. Ibrahim Taiwo Harrison Osauwagboe Yusuf Abdulraheem Al-Hikmah University Dar-Al-Handasah Consultants Ltd Bolaji Abdullahi Anilelerin JMK Construction Company Limited Alimi Idi-Ape Pius Abioje Taibat Ayinke Ahmed Kabir Shagaya Shehu Alimi Foundation For Peace And Development Oloye Kwara State Geographic Information Service Paul Olawoore Ilesha-Baruba Kwara Central Ita-Ore Ayobami Akanbi Abdulazeez Arowona Tunde Mukaila Mustapha All Confederation Of Principals Of Secondary Schools Bolaji Aladie Risikat Lawal Ganiyu Taofiq Emmanuel Olatunji Adesoye Kwara Ministry Of Women Affairs And Social Development Abdulfatai Salman Baakini Pakata Development Association Niyi Osundare Facebook Ilorin Airport Samuel Adedoyin Senate Presidency Pakata Dan Masanin Kunbi Titiloye AbdulQowiy Olododo Aliyu Muhammad Saifudeen Amos Sayo Niguel Gallando Marcias Abdulquawiy Olododo Kayode Bankole Amuda Musbau

