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.
MAI Akande Ndakene Gbemi Saraki Hydro-electric Power Producing Areas Development Commission Salary Segun Abifarin Henry Makinwa Naira Redesign Ambassador Kayode Laro Air Peace Hakeem Idris Shao JAMB Olatunji Ayeni Bolakale Kawu Amos Justus Sayo Ojo Isekuse Village Alive Development Association Muhammed Akanbi Ishola Balogun Fulani Ajibike Katibi Cornelius Adebayo Yunus Oniboki Yusuf Zulu-Gambari Ebun-Olu Adegboruwa Minister Haruna Tambiri Mohammed Suraj Tunji Oyewale Agboola Babatunde Fatai Adeniyi Garba Innocent Okoye Mohammed Ghali Alaaya National Union Of Road Transport Workers Omotoso KFA Sola Saraki University Wahab Abayawo Ajase-Ipo Idofin Col. Taiwo Olomu Jimoh Bashir University Road Abdulganiy Abimbola Abdussalam Ilorin East Firdaos Amasa Joseph Daudu NURTW Muhammad Akande Olarewaju Odunade Kwara State Polytechnic Isaac Aderemi Kolawole Kale Belgore GGDSS Pakata Umar Ahmed Gunu Folorunsho Erubu SDP Twitter Road Transport Employers Association Of Nigeria Kwara 2023 Chikanda Ilorin.Info Amule Elementary School Amina Susa\'a De Ahmed Mahfouz Adedimeji Council Of The Wise Press Release Ayinde Oyepitan April 11 Chief Imam Of Ilorin Ben Duntoye IYA YUSUF Hassan Taiye Salam TETFUND Kwara State Government Aminu Ado Bayero Aliyu Kora-Sabi Kwara North

