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2021 Budget: Kwara Assembly jacks up estimate by #3b, as budget passes final reading
Law, Politics

2021 Budget: Kwara Assembly jacks up estimate by #3b, as budget passes final reading 

 

By Imam Moromoke
The Kwara State House of Assembly today jacked up the 2021 budget estimate by 3 billion naira.
It would be recalled Kwara State Governor, Abdulrahman Abdulrazaq had submitted an estimate of #134.9b.
According to details released by the Assembly while announcing the final passage of the budget, the estimate was jacked up to #137.6b representing a 2.9% increased.

The 2021 budget estimate was passed after considering the Report of House Committee on Finance and Appropriation on the budget proposal at the Committee of Supply and laid before the House.
Presenting the report, the Committee Chairman, Ibrahim Ambali Olatunji representing Owode-Onire Constituency, expressed the belief that the proper implementation of the budget would turn around the economic fortunes of the state.
Hon. Ambali the noted that the state government had taken appropriate measures to tap into its internal resources to improve the well-being of the people
He reiterated the legislature’s commitment towards supporting the executive through constant oversight functions of the House Standing Committees on capital projects to ensure transparency.
This year’s budget size which comprised of 51% recurrent and 49% capital expenditure scaled through third reading before final passage during today’s plenary.
Speaker, Engineer Yakubu Danlad-Salihu therefore directed the Clerk of the House Hajia Alimah Jummai Kperogi to produce the clean copy of the Appropriation Bill for Governor’s assent

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