The Kwara State Governor AbdulRahman AbdulRazaq has signed N188.8 billion 2023 budget into law.
The Governor explained that the fiscal document provides funding for completion of some ongoing projects and continuation of many of the administration’s impactful programmes.
The Informant247 gathered that the size of the budget is a few millions less than the N189.4 that the governor had proposed in his November 30, 2022 budget presentation speech.
In the breakdown, the budget has a capital component of N94.8 billion (50.2%) and a recurrent component of N77. 6 (49.8%).
However, the Governor commended the State legislature for their collaboration with the executive, while adding that such harmonious relationships help to deepen the delivery of democratic dividends to the people.
On his part, the speaker Yakubu Danladi Salihu said the parliament properly scrutinized the budget and found it very important for continuous development of the state, especially completion of ongoing projects.
The budget signing was witnessed by some Assembly members and cabinet members.