Monday , 12 May 2025
Home News Local Kwara state governor, Gov Abdulrazaq signs 2022 budget
LocalNews

Kwara state governor, Gov Abdulrazaq signs 2022 budget

Governor Abdulrahman Abdulrazaq of Kwara State on Friday signed the state’s 2022 budget of N189.617 billion into law.

The budget was approved by the House of Assembly on Thursday.

Highlights of the budget include, among others, the implementation of the consequential adjustments of the new minimum wage and payment of some salary arrears that could not be paid by the previous administration.

Speaking shortly after signing the budget, Abdulrazaq said the budget estimates also captured workers’ promotion and the consequential adjustments component of the national minimum wage.

He disclosed that the payment begins this month.

Governor Abdulrazaq said the government will also focus on completing ongoing infrastructural projects, job creation and expanding the economic base of the state.

Assuring that the government would ensure full implementation of the budget as much as revenue permits, he commended the House of Assembly for doing the needful to pass the budget on time.

Speaker of the House, Engr Yakubu Danladi Salihu, commended the state government for its commitment to development and reaffirmed the determination of the legislature towards effective lawmaking in the state.

He said, “the budget is truly a budget of sustainable development and economic growth with the capital votes favouring projects that will touch the lives of the people and reforms that would address decayed infrastructure.”

The N189.617 billion budget has capital expenditure pegged at 56 per cent, with 44 per cent for recurrent expenditure.

However, the proposal from the executive arm pegged the capital expenditure at 55.3 per cent of the total package while the recurrent stood at 44.7 per cent.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Akpabio asks Court to compel Natasha to delete ‘satirical apology’

Senate President Godswill Akpabio has asked the Federal High Court in Abuja...

‘I inherited near-empty treasury,’ Tinubu defends economic reforms

President Bola Tinubu on Thursday stated that his administration inherited a “near-insolvent”...

Eight varsities to benefit from Education ministry, REA 24-hour electricity deal

The Federal Ministry of Education has signed a Memorandum of Understanding (MoU)...

Nigeria, Brazil to review BASA agreement

The Federal Republic of Nigeria and the Federative Republic of Brazil are...