Topic: Kwara Assembly Passes ₦656.5bn 2026 Appropriation Bill  (Read 42 times)

0 Members and 1 Guest are viewing this topic.

Kwara Assembly Passes ₦656.5bn 2026 Appropriation Bill

 The Kwara State House of Assembly has approved the 2026 Appropriation Bill, setting the state's total budget at ₦656.5 billion. This represents an upward adjustment of ₦10.5 billion from the initial ₦646 billion (precisely ₦644,004,816,893) proposal presented by Governor AbdulRahman AbdulRazaq in December 2025.The assembly passed the bill during plenary on Thursday, January 30, 2026, after legislative scrutiny and deliberations. The increase is reportedly earmarked for additional development projects, infrastructure enhancements, and priorities aligned with ongoing state initiatives.Governor AbdulRazaq's original proposal, tagged as a "Budget of Consolidation and Sustained Growth," allocated approximately 66% to capital expenditure, focusing on completing ongoing projects, bolstering security, supporting workers' welfare, and investing in key sectors such as education, health, agriculture, and technology. Recurrent spending covered the remainder, including salary adjustments like the new Teachers Salary Allowance and support for vulnerable groups.The assembly's amendment reflects lawmakers' input to expand fiscal commitments for accelerated development across the three senatorial districts. Reports indicate the budget emphasizes project continuity, economic diversification, and improved public services amid Nigeria's broader fiscal challenges.While the bill has now been passed by the legislature, it awaits the governor's assent to become law and guide implementation in the 2026 fiscal year.

Source: Kwara Assembly Passes ₦656.5bn 2026 Appropriation Bill

 - NigerianEye
Invest in US dollars: https://hashflare.io/r/CF2F6691

 

Related Topics

  Subject / Started by Replies Last post
0 Replies
1819 Views
Last post December 22, 2017, 01:01:48 AM
by observer
0 Replies
1727 Views
Last post February 28, 2018, 01:02:37 AM
by sahara
0 Replies
2155 Views
Last post January 12, 2019, 01:03:29 PM
by PulseNG
0 Replies
1290 Views
Last post December 24, 2021, 07:16:02 PM
by observer
0 Replies
1018 Views
Last post December 11, 2022, 07:10:24 AM
by flukky-1
0 Replies
712 Views
Last post December 25, 2024, 01:03:38 AM
by olutee
0 Replies
135 Views
Last post December 04, 2025, 07:04:42 AM
by olutee
0 Replies
123 Views
Last post January 10, 2026, 01:00:29 AM
by thisday
0 Replies
36 Views
Last post Yesterday at 01:02:28 PM
by thisday
0 Replies
21 Views
Last post Today at 01:01:28 AM
by thisday