Kwara Exco Carries Out Revision Of 2023 Budget… Ready To Send Proposal To Parliament

Kwara state Executive Council has asked Governor AbdulRahman AbdulRazaq to send the draft revised 2023 budget of N239,084,199,757.00 to the state House of Assembly with capital expenditure taking some 50.2% of the chunk while recurrent tanked to 49.8%.

Commissioner for Communications, Mrs. Bola Olukoju, who disclosed this in a statement made available to  Team@orientactualmags.com noted that the revised budget is 27% larger (N50,238,596,196.00) than the 2023 budget earlier approved by the House of Assembly. 

The approval followed a submission from the Commissioner for Planning and Economic Development, Hon. Lafia Aliyu Kora Sabi, who noted that a service-wide and bottom-up process for the revised budget started since June 2023 — followed by thorough deliberations and reviews of submissions from the Ministries, Departments and Agencies of the Government (MDAs) by the Central Budget Committee (CBC).

“The pertinent factor governing the selection of projects for execution in the remaining part of the year is the emphasis placed on capital projects that will stimulate economic activities in the state for inclusive growth and development’  Sabi was quoted to have told the council, adding that special considerations have been made to boost economic activities and improve the living standard of the people.

The cabinet, among other government processes, also gave Star Sewing Machine Limited, an international firm, the go-ahead to manage the state’s Garment Factory following a long-drawn bidding process involving open tendering in line with relevant laws. 

Held on Friday evening, the council meeting that was attended by the Deputy Governor, Mr.  Kayode Alabi, Secretary to the State Government, Alhaji AbdulKadir Mahe and all the commissioners was presided over by  Governor AbdulRahman AbdulRazaq-Team@orientactualmags.com
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