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Kwara Governor Presents 2021 Budget To State Assembly

  The Kwara state governor Abdulrahman Abdulrazaq has presented a budget proposal of N123,091,307,468 to the House of Assembly. Advertisement He described the fiscal document … Continue reading Kwara Governor Presents 2021 Budget To State Assembly


A file photo of Kwara State Governor, Abdulrahman Abdulrazaq.
A file photo of Kwara State Governor, Abdulrahman Abdulrazaq.

 

The Kwara state governor Abdulrahman Abdulrazaq has presented a budget proposal of N123,091,307,468 to the House of Assembly.

He described the fiscal document as a product of wide consultations with the electorate and designed to reflect current economic challenges.

The proposal contains provisions for payment of the minimum wage once the government reaches a deal with the labour as well as effecting promotion for different cadres of the civil service.

The budget is 54% recurrent expenditure and 46% capital expenditure, a fallout of the dwindling revenue from oil and internally generated revenue, and urgency to prioritise anti-poverty measures to cushion the effects of the general economic crisis on vulnerable households and small businesses amidst the covid-19 pandemic.

The governor hinted at the possibility of the administration taking a bond to finance key infrastructural projects later in the year.

Speaker Salihu Yakubu-Danladi commended the administration for the faithful implementation of the 2020 budget and commendable infrastructural strides despite the outbreak of the pandemic.

He said the lawmakers would discharge their duties to scrutinise the document and ensure it passes relevant thresholds of participatory democracy and good governance.