Education, health top Kwara’s N123b budget
Government AbdulRahman AbdulRazaq of Kwara State yesterday presented a budget of N123,091,307,468 for 2021 to the House of Assembly.
The fiscal document, which is designed to reflect current economic realities, remains a product of wide consultations with the electorate, he said.
The proposal made provision for payment of enhanced wage once government reaches a deal with labour, AbdulRazaq told lawmakers in the budget speech.
Recurrent expenditure took 54 per cent of the budget, while 46 per cent was allotted to capital expenditure.
Education takes a 25.5 per cent of the budget, an improvement from last year; followed by health, which grabs 13.7 per cent. Economic affairs – a category that includes road construction and other projects – takes 25.7 per cent.
The general public service, a budget subhead that deals with the civil service, gets 26.5 per cent, according to the budget speech now available on government’s website.
The fiscal plan will be funded from statutory allocation receipts, Value Added Tax (VAT), sundry revenues from the federal allocation, IGR, aid and grants, and other capital receipts.
It is predicated on the same key parameters and fiscal assumptions as the national budget recently presented by President Muhammadu Buhari.
Speaker of the House, Salihu Yakubu-Danladi, commended the administration for the faithful implementation of the 2020 budget and commendable infrastructural strides despite the pandemic.
He said the lawmakers would scrutinise the document and ensure it passes relevant thresholds of participatory democracy and good governance.