• Fri. Apr 19th, 2024

Capital Expenditures Top Priorities As Kwara Governor Presents 2023 Budget

Kwara State Governor AbdulRahman AbdulRazaq laying the 2023 budget estimates before the State House of Assembly -by-ALI MUHAMMAD RABIU

Kwara State Governor AbdulRahman AbdulRazaq has laid the 2023 budget estimates before the state parliament, restating the administration’s commitment to inclusive growth.

Presenting the budget estimate before members of the state House of Assembly in Ilorin, Governor AbdulRazq said the size of the 2023 budget is N189,436,248,054.00, with a recurrent expenditure of 49.1% and capital component of 50.9%.

According to him the budget estimate is of economic expansion and sustainable development.

He said the fiscal document focuses on strengthening the current gains ,adding that it is built around the Kwara State Sustainable Development Plan 2021-2030, Medium Term Sector Strategy 2021-2023 and citizens’ need Assessments.

AbdulRazq said the fiscal document is as significant in its provisions as it is in expanding the gains of the past three years for maximum socio – economic benefits of the state.

He explained that his administration has delivered on key campaign promises in education, healthcare delivery, provision of potable water, agriculture, poverty reduction, gender mainstreaming, youth and women empowerment, financial inclusion, among others.

In his remark the Speaker Kwara state House of Assembly ,Yakubu Danladi commended the governor for his efforts to steadily bridge the huge infrastructural gap in the state and focus on workers’ welfare.

He said the House will ensure timely passage of the budget after careful scrutiny as constitutionally required for the benefit of the people of Kwara State.


COV/ALI MUHAMMADU RABIU