Budget Presentation is an annual ritual at federal, state and local government levels in Nigeria. The President, Governor or Local government usually present budget for next fiscal year to legislative arm for consideration and approval.
Kwara State Governor, Abdulrahman Abdulrazaq ignored the tradition by only reading executive summary within five minites before laying comprehensive proposal in the state assembly.
AbdulRazaq is proposing N162bn comprises 53% capital expenditure covering road construction and rehabilitation, rehabilitation and re-equipment of schools and hospitals, rehabilitation of court rooms, and completion of a 500-seater hall building at the House of Assembly, according to AbdulRazaq.
“Basically, we are presenting a budget estimate of N162billion for 2020, up from N157bn budget of the outgoing year. For this year, we propose 47% recurrent expenditure and 53% capital expenditure in a deliberate attempt to invest in the future and grow the economy through critical infrastructure and human capital development. One unique thing is that this budget is having an opening balance of N7bn, or 4.3% of the budget proposal, that we have saved in the past seven months,” the Governor said in a speech before the Assembly.
“Key highlights of the budget include construction of Kwara State innovation hub for information technology, large scale garment production factories, resuscitation of moribund industries, construction of new (urban and rural) roads, rehabilitation of public schools, capacity building for teachers for efficient service delivery, payment of UBEC contribution, rehabilitation of hospitals and health centres with provision of modern medical and laboratory equipment, payment of counterpart funds, and implementation of health insurance.
“We are also proposing construction of Ilorin Civic Centre (Ilorin Visual Art Centre), purchase of biometric finger prints and reader machines for e-auditing, commencement of e-Government, introduction of creative intervention fund for youth and graduates empowerment, provision of statewide irrigation scheme, agricultural mechanisation, commencement of the livestock transformation plan programme, and implementation of the Kwara State Social Investment Programme.”
He also proposed the purchase of vehicle for political office holders and Honourable members of the House, rehabilitation of Squash Court rooms and other sporting facilities at Stadium Complex Ilorin, construction of a twin Squash Court, interventions in the state-owned media, and active promotion of culture and tourism.
The governor said there is a plan to widen the state’s tax base without imposing new tax on the people but through blocking of leakages.
AbdulRazaq commended members of the Assembly and the Kwara public for their support since he assumed office, calling for more support and sacrifice in the new year in the strategic interest of the state.
“I also want to call on our compatriots that while we are ready to serve them to the best of our ability and within available resources, the situation of our state is such that all hands must be on deck to make all the necessary sacrifices and stay the course in our collective efforts to build a new Kwara that works for all. However, we must be clear that we cannot build a new state where things work with the same mindset and attitude that brought us to this sorry pass. I therefore call on us, leaders and the governed, to tighten our belt for the overall good of our state,” he added.
The Governor said the budget estimates are predicted on the national oil price benchmark of $57 per barrel; oil production estimate of 2.18m barrels per day; official exchange rate of N305 per US dollar; Gross Domestic rate of 2.93 percent; and inflation rate of 10.81 per cent.
He added that the budget estimates match the exact revenue projections for the state in the fiscal year, including N48,943,215,564, or 30.2 percent of the total revenue; VAT receipt of N16,430,807,482, or 10.1 percent of the total revenue; other sundry revenue valued at N3, 838,863,505, or 2.3.percent of revenue; Internally Generated Revenue of N39, 783,008,301, or 24.5.percent of the revenue; income from other sundry internal sources valued at N193,322,646, or 0.1 percent; capital development fund/aid and grants put at N45,871, 444,487, or 28.3 percent; and an opening balance of N7bn, or 4.3 percent of the revenue projections.
Kwara Approves N20,000 Supports Funds For 30,000 Female Traders For 6 Months
- Kwara cabinet okays initiative to support 30K female traders
- Govt partners with MTN Mobile Money for data capturing, disbursement
- Programme modelled after World Bank initiative
Grant will deepen financial inclusion: Gov
Kwara State Executive Council has approved a programme to empower at least 30,000 female petty traders with a grant of N20,000 each over the next six months — a social investment measure modelled after a World Bank initiative.
In a presentation to the council on Wednesday, Secretary to the Kwara State Government Prof. Mamman Saba Jubril said the programme would be implemented under the Kwara State Social Investment Programme while beneficiaries would cut across the 16 local government areas of the state.
“For stimulation of micro, small and medium scale locally-owned businesses, the agency (KWASSIP) deems it necessary to empower the women within the 16 LGAs of Kwara State. This is another dimension towards ensuring that the women who ordinarily do not have access to financial facility are availed with financial support through the programme,” according to Jubril.
“It may interest council to note that this programme being domesticated and to be funded by the State Government is a replica of the World Bank project (Nigeria for Women Project). However, the state has applied to the World Bank to include Kwara State among the beneficiary states in Nigeria in order to complement the efforts of the state government.”
For efficiency, transparency and easy disbursement to all the 193 wards in the state, Jubril said the government will partner with MTN Nigeria (Mobile Money, MoMo) Service provider which has over 5000 payment agents.
He said the programme will gulp N658m with huge benefits on the microeconomic sector in the state.
Council members took turns to commend the initiative which they said would help to grow small businesses and tackle extreme poverty.
The council meeting was chaired by Governor AbdulRahman AbdulRazaq who said the administration remains committed to the plight of the downtrodden, including deepening financial inclusion.
KWASSIP, the implementing agency, has carried out similar social safety programme, including Owo Isowo, Owo Arugbo, and Kwapreneur which have benefitted over 100,000 people in the last two years alone.
A recent social impact assessment report on KWASSIP showed no less than 90% of the beneficiaries affirming the programme to be of huge impacts to them, according to Social Innovation and Research Institute and Northeast Humanitarian Innovation Hub.
A military research group had earlier in March, 2022 made similar conclusions on the state’s social safety programme, saying the KWASSIP could lift at least 50,000 people out of extreme poverty within the next five years.
BREAKING: Buhari Appoints New Special Adviser
Dr. Habiba Lawal, a former permanent secretary at the Ecological Project Office has been appointed on Wednesday by President Muhammadu Buhari to the position of Special Adviser to the President for Policy and Coordination.
The FidelinfoNews gathered this was stated in a statement headed “President Buhari appoints Dr. Habiba Muda Lawal Special Adviser Policy and Coordination” and signed by Garba Shehu, the Senior Special Assistant to the President on Media and Publicity.
Dr Lawal, who served as Acting Secretary to the Government of the Federation, from April 19, 2017, to October 30, 2017, has since resumed her duties.
The statement read in part, “Before retirement, Dr Lawal had successfully supervised a team that ensured management, identification, planning and execution of projects to mitigate serious ecological challenges across the country, with commendable results.
She attended Ahmadu Bello University Zaria from 1982 to 1986 for B.Sc. Chemistry; there, she won the Nigerian Tobacco Company Prize for the Best Year II Student 1984/1985, the Imperial Chemical Industries Prize for the Best Graduating Student in Chemistry (Second Class Upper) and the Imperial Chemical Industries Prize for the Best Graduating Project 1985/1986.
“In 1991, Dr. Habiba obtained a Master’s Degree in Inorganic Chemistry from ABU, Zaria and a Ph.D. in Inorganic Chemistry from Abubakar Tafawa Balewa University, Bauchi (1997).”
Lawal also holds a Certificate in Professional and Personal Competence in Women’s Development from the University of East Anglia, Norwich, Britain.
FG Grant Kwara Right To Host National Council For Women Meeting
The Kwara State Government under the leadership of His Excellency, Mallam Abdulrahman Abdulrazaq has been described as one of the progressive governors that are creating new narratives on female gender issues.
This submission was made by the Kwara State Commissioner for Women Affairs, Hon. Mopelola Abdulmaliq-Bashir while featuring as a guest on Royal F.M programme “Gbe Ebi Ro”.
The Commissioner used the medium to reiterate the commitment of the present administration in the state to all efforts geared towards involving women in decision making processes.
Hon. Mopelola also used the opportunity to intimate Kwarans of the forthcoming National Council Meeting, which is scheduled to take place in the state between 26th-29th September, 2022.
The Commissioner expressed the readiness of the Kwara State government to host women from across the 36 states of the Federation including FCT,, Multinational Partners, the Civil Society Organisations and Non-Governmental Organizations to the August event.
In her word “I am delighted to, on behalf of the Kwara State Government announce that the right to host the forthcoming national council meeting has been unanimously granted to Kwara State, as one of the benefits of the unparalleled investment of the present administration in the state under the able leadership of His Excellency, Mallam Abdulrahman Abdulrazaq in female gender mainstreaming and economic capacitation.
The Commissioner used the medium to thank His Excellency, Mallam Abdulrahman Abdulrazaq for accepting the hosting right, and for providing necessary logistics for the programme. She also appreciated the support of the First Lady of Kwara State, Amb, Dr. Olufolake Abdulrazaq, which has culminated in the automatic granting of the hosting right to Kwara State.
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