You are here: HomeNews2021 01 22Article 409705

General News of Friday, 22 January 2021

Source: thenationonlineng.net

Kwara assembly passes N137b appropriation bill

File photo: Kwara State House of Assembly File photo: Kwara State House of Assembly

Kwara State House of Assembly yesterday passed N137.6 billion 2021 Appropriation Bill into Law.

The lawmakers passed the budget estimate after considering the report of the House Committee on Finance and Appropriation on the budget proposal.

Committee Chairman Ibrahim Ambali Olatunji representing Owode-Onire Constituency hoped that proper implementation of the budget would turn around the state’s economic fortunes.

He noted that the government had taken measures to tap into its internal resources to improve people’s well-being.

The lawmaker reiterated the assembly’s commitment towards supporting the executive through oversight functions of the standing committees on capital projects, to ensure transparency.

This year’s budget size, which comprises 51 per cent recurrent expenditure and 49 per cent capital expenditure scaled through third reading before final passage.

The house upwardly reviewed from N134.8 billion four point nine billion to N137.6 billion with two-point two per cent increase.

House Speaker Yakubu Danlad-Salihu directed the Clerk, Hajia Alimah Jummai Kperogi, to produce a clean copy of the Appropriation Bill for governor’s assent.