…Sends Letter To House.
By Wole Adedeji, Ilorin
The Kwara State government on Monday increased its 2021 budget proposals, earlier forwarded to the House of Assembly in December, by N11 billion from N123,091,307,468.00 to N134,961,924,650.00.
The upward review was reflected in a letter sent to the House by Governor AbdulRahman AbdulRazaq in Ilorin and read by the Speaker, Rt. Hon. Yakubu Salihu-Danladi, on the floor of the Assembly at the plenary on Monday.
Governor AbdulRazaq in his letter said that the increase in the budget proposal was necessitated by new developments that cropped up after its presentation to the Assembly in December, 2020.
He added that the reviewed budget proposals had a total of N134,961,924,650 with the Capital and the Recurrent Expenditures standing at N64,524,459,855 and N70,437,464,795 respectively.
The letter reads in part, “Recall that on the Tuesday, 15th December, 2020, a budget proposal of N123,091,307,468 was presented to the honourable House.
“However, due to new developments after the presentation, the budget proposals need to be reviewed upward and the Assembly has to be notified of these in compliance with rules guiding fiscal disciplines in governance.
“The reviewed budget proposal is at N134,961,924,650 as the total budget size, while the Capital and the Recurrent Expenditures are at N64,524,459,855 and #70,437,464,795 respectively.”
The Speaker, however, referred the reviewed budget estimates to the House Committee on Finance and Appropriation for further legislations.