Kwara Assembly Approves N656.5bn Budget for 2026 After N10.5bn Upward Review

Date: 2026-01-30

The Kwara State House of Assembly has passed the 2026 Appropriation Bill, approving a total budget of N656.5 billion, which represents an increase of N10.5 billion over the initial proposal submitted by Governor AbdulRahman AbdulRazaq.

The budget was passed on Friday after the House considered and adopted the report of its Committee on Finance and Appropriation during plenary.

Announcing the passage, the Speaker of the House, Rt. Hon. Yakubu Danladi Salihu, said the upward review followed a thorough scrutiny of the estimates to ensure fiscal realism and effective implementation in the interest of Kwarans.

According to him, "The revised budget reflects the House's commitment to ensuring that government spending aligns with developmental priorities and economic realities.

"A breakdown of the approved budget shows that recurrent expenditure has increased to over N409.6 billion, representing an upward adjustment of about N10.5 billion from the initial estimate submitted by the executive," he said.

The Speaker disclosed that capital expenditure allocation has also been raised to N271 billion, up from N254 billion, to strengthen funding for key infrastructure and development projects across the state.

He explained that the adjustment was necessary to fast-track critical projects and enhance service delivery in line with the administration's development agenda.

Danladi-Salihu further revealed that debt servicing for the 2026 fiscal year now stands at N14.2 billion, slightly higher than the earlier projection.

"The House carefully examined the budget in line with constitutional provisions and resolved to approve a realistic and implementable budget that will bring maximum benefits to the people of Kwara State," the Speaker said.

He added that the legislature would continue to exercise its oversight responsibility to ensure prudent implementation of the budget and accountability in public spending.

 

Cloud Tag: What's trending

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

Irepodun     Age AbdulKareem     Ojuekun     Gbenga Adebayo     Post-utme     Abiodun Abdulkareem     Fatai Adeniyi Garba     Baboko Primary School     Women For Change And Development Initiative     Suwa-Arabs     IFK     JMK Construction Company Limited     Titus Suberu-Ajibola     Babatunde Ishola Babaita     Alikinla     Abdulsalam A. Yusuf     Amada Jidda     Ibrahim Mohammed     Abdulganiyu Oladosu     Split Diamond Interchange     John Kehinde Salako     Ahmed Bolaji Nagode     Sarah Alade     Adamu B. Yaqubu     Bolakale Saka     Waheed Ibrahim     Kwabes     SSA Youth Engagement     Federal Polytechnic Offa     Agbarigidoma     Okiki     Ahman Pategi University     Iliasu     Tsaragi-Share     Abioye Bello     Tunde Yusuf     Sabi     Government Girls’ Day Secondary School Pakata     Edret Sabi Abel     Www.Kwarareports.com     Special Agro-Industrial Hub     Abdulhakeem Adelaja Amao     Noah Yusuf     Ganiyu Abolarin     Tescom.kwarastate.gov.ng     Kwara Central     Harrison Osauwagboe     Ishaq Salman     Neo Mundo Ltd     Wole Oke     Lateef Alagbonsi     Musa Ayinla Yeketi     Kwara State Branch Of The National Library     Aso-ofi     Sherif Shagaya     Danladi     Sun Qing Rong     Ahmed Saidu Rufai     Veterinary Teaching Hospital     John Olajide Adedipe     Otoge     Saad Omo\'ya     Edu     Ayobami Akanbi     Bankole Omisore     Oke-Odo     Sheikh Hamzat Yusuf Ariyibi     Yetunde Balogun     Taofik Abdulkareem     Mahmud Babatunde Baker     Ilesha-Gwanara     Alumni Association Of The Federal Polytechnic Offa     Ayoade Akinnibosun     Jide Ashonibare     ER-KANG Mining Nigeria Company Limited     Quran     Ahman Patigi    

Cloud Tag: What's trending

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

Ahmad Ali     Yusuf Zulu-Gambari     Dankaka     Siddiq Adebayo Idowu Salawu     Erubu Oba Zubair     Sardauna     Bibire Ajape     Abdulwasiu Bolaji Adeyi     Aro Yahaya     Baba Isale     AbdulRazaq AbduMajeed Alaro     Fulani     Ahmed Bolaji Nagode     Kassim Babamale     Yoonus Lawal     Marufat Oladosu     Femtech     Jeunkunu-Malete-Bani     Idris Amosa Oladipo Saidu     Yemi Sanni     Sabitiyu Grillo     Plat Technologies     Kwara State Geographic Information Service     Umar Danladi Shero     Onilu     Ahmed Mohammed Rifun     Yashikira     Ganmo Power Sub-Station     Olohungbebe     Bayo Ajia     Allocation     Abdulrazak Shehu Akorede     Amusa Bello     Umar Adelodun     Share     Young Progressives Party     Ahmed Dankaya     Ilofa     Funmilayo Braithwaite     Col. Ibrahim Taiwo     Al-Ilory     Kamaldeen Kehinde     Babatunde Ishola Babaita     Kazeem Gbolagade     Abdulraufu Mustapha     Hakeem Lawal     Sobi Hill     Amuda Aluko     Yahaya Seriki Gambari     Onilupeju Of Ilupeju     Jawondo     Alore     Taofik Mustapha     Samari     Ayinde Oki     Kale Belgore     Sarafadeen Kayode Akorede     Rueben Parejo     Ilorin Airport     Fawenu     Adekunle David Dunmade     Tayo Alao     David Oyedepo     Ibrahim Abdulkadir Abikan     Harmony Holdings     Bareke     Olaoye B. Felix     Ebola     Lanre Jimoh     Samuel Elizabeth Keatswa     All Confederation Of Principals Of Secondary Schools     Rafiu Olasile     Ejidongari     Makama Of Ilorin     Moses Salami     Tescom.kwarastate.gov.ng     Aminat Ahmed