Kwara State Governor Abdulrahman Abdulrazaq, on Thursday, presented a 296.4bn fiscal plan for the year 2024 to the state House of Assembly.
The appropriation tagged ‘budget of economic expansion and collective prosperity,’ has a capital expenditure of 61 percent, and a recurrent of 39 percent of the total proposed sum.
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The governor stated this during the budget session which was presided over by Yakubu Danladi-Salihu, the speaker Kwara State House of Assembly.
He said: “We have redefined public education in human resource and infrastructure, basic healthcare delivery, social security, public service, rural development, sports and recreational development, while measurable steps have been taken to make Kwara a hub of innovation, creativity, and viable economic activities in Nigeria.
“The next four years will serve to consolidate on the gains of our first term, expand the economic base of this lovely state through completion of ongoing infrastructural projects and commencement of new ones, make the state more self-sustaining by widening the revenue base, create more private sector-driven jobs, and better the lots of our people. In the new year, we will formally inaugurate our flagship projects like the garment factory, visual arts centre, Tunde Idiagbon bridge, innovation hub, sugar film factory, the two campuses of Kwara State University, shea butter factory in Kaiama, among others.
“These, will create tens of thousands of direct and indirect jobs in the new year, and spread collective prosperity on a sustainable basis.
On his part, Danladi-Salihu said the legislature will peruse the budget and act for public good.
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“It is my hope that the year 2024 appropriation bill contains realistic projections both on revenue and expenditure that all critical sectors of the economy are accorded adequate attention. It is only by doing this that the administration will consolidate on the achievements recorded in the first four years.”
