Kwara Gov Proposes N135bn Budget for 2017

Kwara State Governor, Dr. Abdulfatah Ahmed has presented the 2017 budget estimate of N135,064,529,461 to the State legislature for consideration and approval.

The budget christened “Budget of Introspection and Sustenance”, shows an increase of N23,682,157,934 representing 21.2 percent over the 2016 revised budget.

The sum of N57,479,632,894 representing 42.5 percent was earmarked as recurrent expenditure while N70,986,667,592 representing 52.5 percent of the budget went to capital expenditure and N6,798,228,975 representing 5 percent of the total budget is for public debt service.

The economic affairs carries the lion share of N35,437,302,393 representing 26 percent of the total budget, followed by education sector with a sum of N29,936,179,606 representing 22 percent of the
total budget while general public services came third with a sum of N26,497,822,611 presenting 20 perecent of the 2017 total budget.

The Governor said the 2017 budget was anchored on current economic realities and determination to look inwards for sustained prosperity and development.

He reassured the people of the State of his administration’s commitment to implement result oriented policies and programmes that will boost economic activities, unlock growth and create jobs in the
2017 financial year.

According to him, “All on-going capital projects under the general public service sector will be accorded the highest priority to ensure their completion in 2017 financial year. The State government will continue to accord high premium to the wellbeing of its workers in all
ramifications”.
The Governor added that more qualified youths will be engaged to address staff shortage created by voluntary retirement and resignation in 2017 while attention will be given to provision of operational vehicles to all MDAs in the 2017 fiscal year.

Other sectors to receive attention in the 2017 budget include: Energy, Works and Transport, Information and Communication, Commerce and Cooperative, Environmental Protection, Housing and Community amenities, Water Supply and Health among others.