Kwara state house of assembly passes N656.5 billion 2026 budget
The Kwara State House of Assembly has approved a total of N656.5 billion as the state’s total expenditure for the 2026 fiscal year, and the sum represents an increase of N10.5 billion over the estimate presented by Governor AbdulRahman AbdulRazaq.
Penpushing reports that the Speaker of the House, Rt Hon Yakubu Salihu, made this known at the plenary following the consideration of the report of the House Committee on Finance and Appropriation.
The breakdown of the budget shows that the state’s recurrent revenue has increased to over N409.6 billion, reflecting an upward review of N10.5 billion, while recurrent expenditure was reduced to N212.6 billion, a cut of over N6.4 billion, in line with efforts to strengthen fiscal discipline.
Penpushing further reports that Salihun explained that transfers to the Capital Development Fund have been raised to N271 billion, up from N254 billion, to boost funding for capital projects across the state.
The Speaker directed the Clerk of the House to prepare and transmit a clean copy of the budget to the governor for his assent and thanked the Ministries, Departments, and Agencies (MDAs) for their cooperation with the House during their project presentations.
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