Coronavirus: Kwara govt to slash 2020 budget

Amid tumbling prices of crude oil, the Kwara State Government is set to cut the state’s 2020 budget.

In a statement sent to THE INFORMANT247 by the governor’s spokesperson, Rafiu Ajakaye, he said the national economic outlook is bleak and has necessitated urgent budget reviews to align available resources with priority projects to serve the public.

AbdulRazaq however said at least 20 of the 26 ongoing urban renewal road projects and 70 percent of the schools being rehabilitated would be ready by May 29, while the administration’s various water and energy projects have made tremendous impacts on the people across the state.

The statement reads in part, “We need to keep our eyes on the ball and not be distracted. Very shortly, we are having a committee to review the 2020 budget in the face of our current economic realities. We have to cut down on recurrent expenditure. Whatever happens, projects that directly impact on the live of our people will be prioritised.”