Governor AbdulRazaq Presents Over One Hundred Billion Naira 2023 Budget To Assembly
Written by Adewale Adeyemi on December 1, 2022
The Kwara state Governor Abdulrahman Abdulrazaq on Wednesday presented the State Budget of One Hundred and Eighty-Nine Point Four billion for 2023 Fiscal Year at Kwara State House of Assembly, Ilorin.
Governor Abdulrazaq presented the budget tagged Budget of Economic Expansion and Sustainable Development with a recurrent expenditure of Forty-Nine Point One Percent and Capital component of Fifty-Nine Point Nine Percent.
He pointed out that funding windows of the budget include federal allocations, internally generated revenue, grants, and other capital receipts.
The Governor also explained that the 2023 Appropriation is to strengthen the current gains built around the Kwara State Sustainable Development Plan 2023-2030 Medium Term Sector Strategy and Citizens Need Assessments.
Royal Times reports that the Governor Abdulrazaq said the budget places more emphasis on continuous infrastructural development, completion of ongoing road projects, agribusinesses, irrigation and mechanisation, workers’ welfare, rural electrification, and improved water reticulation, among others